Garcia Wealth Management Group, Inc. is a large advisory firm based in Templeton. It manages $322.76 million of regulatory assets for 814 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Oregon, and Texas.
Garcia Wealth Management Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Garcia Wealth Management Group, Inc. is $322.76 million. The firm's AUM has grown by 82% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Garcia Wealth Management Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Garcia Wealth Management Group is pension and profit sharing plans with 94 clients and $175.95 million of assets under management. Among the 9 most similar advisory firms, Garcia Wealth Management Group has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $319.19 million for 327 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Garcia Wealth Management Group doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Garcia Wealth Management Group, Inc. performs its advisory services is located at 613 S. Main Street, Templeton, CA 93465, which is also the mailing address of the firm. An additional office of the firm is in San Luis Obispo, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 805-434-2608 or by fax 805-434-9359. The normal business hours are m-th 7am-5pm; f 8am-2pm on Monday - Friday. You can find more information about the New York firm at garciawealth.com.