Wertz York Capital Management Group, LLC (Tampa)

Name: Wertz York Capital Management Group, LLC
Address: 5502 North Nebraska Ave, Tampa, FL, 33604
Telephone: 813-238-4800

Wertz York Capital Management Group, LLC is a large advisory firm based in Tampa. It manages $4.7 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Wertz York Capital Management Group provides portfolio management for businesses and institutional clients, educational seminars and workshops, and banking consulting services, treasury agent consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as agent for fdic insured deposit products.

Wertz York Capital Management Group: assets under management

The assets under management (AUM) of Wertz York Capital Management Group, LLC is $4.7 billion. The firm's AUM has grown by 11659% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.9 billion in discretionary accounts and $2.8 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.38 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $254.82 million.

Investments

The firm invests in government bonds the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wertz York Capital Management Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wertz York Capital Management Group serves?

The only and largest group of clients of Wertz York Capital Management Group is state or municipal government entities with 18 clients and $4.69 billion of assets under management. Among the 10 most similar advisory firms, Wertz York Capital Management Group has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $4.69 billion for 18 clients. None of the firm’s clients are foreign persons or businesses.

Wertz York Capital Management Group doesn't advise any private funds.

Careers at Wertz York Capital Management Group, LLC

The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Wertz York Capital Management Group, LLC is owned by Michael B. Wertz. David Ming Lee Jang joined the executive team most recently as the Executive.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell Paul York	Owner	1 Jun 2000	50% - 75%	2836105
Michael B. Wertz	Owner	1 Jun 2001	75% - 100%	4067130
Michael Brent Wertz	Managing member	1 Jun 2001	75% - 100%	4067130
Toni Sue Neff	Chief compliance officer	1 Jul 2007	Other	3195764
Elizabeth Huston	Chief compliance officer	1 Jul 2008	Other	5651192
David Edward Scott	Chief compliance officer	1 Feb 2010	Other	5221545
Michael B. Wertz	Chief compliance officer	1 Feb 2014	75% - 100%	4067130
Michael Brent Wertz	Chief compliance officer	1 Feb 2014	75% - 100%	4067130
David Ming Lee Jang	Executive	1 Aug 2015	Other	3141225

Based in Tampa

The principal office where Wertz York Capital Management Group, LLC performs its advisory services is located at 5502 North Nebraska Ave, Tampa, FL 33604 The mailing address of the firm is P.O. Box 9691, Tampa, FL 33674. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 813-238-4800 or by fax 813-238-4810. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at wertzyork.com.