Clientfirst Wealth Management, LLC (Little Rock)

Name: Clientfirst Wealth Management, LLC
Address: 1501 North University, Little Rock, AR, 72207
Telephone: 501-603-0406

Clientfirst Wealth Management, LLC is a large advisory firm based in Little Rock. It manages $154.03 million of regulatory assets for 63 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arkansas and Texas.

Clientfirst Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Clientfirst Wealth Management: assets under management

The assets under management (AUM) of Clientfirst Wealth Management, LLC is $154.03 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $154.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.44 million each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is state and local bonds, which make up 39% of the firm’s portfolio. Investments in government bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clientfirst Wealth Management, 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 Edward Price Mahaffy serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Edward Price Mahaffy is high net worth individuals with 54 clients and $151.43 million of assets under management. Among the 8 most similar advisory firms, Clientfirst Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $154.03 million for 63 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.

Clientfirst Wealth Management doesn't advise any private funds.

Careers at Clientfirst Wealth Management, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Price Mahaffy	President/managing member/chief compliance officer	1 Nov 2001	75% - 100%	1259126

Based in Little Rock

The principal office where Clientfirst Wealth Management, LLC performs its advisory services is located at 1501 North University, Little Rock, AR 72207, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 501-603-0406 or by fax 501-603-0405. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at clientfirstwm.com.