Wakefield Asset Management, LlLP is a large advisory firm based in Englewood. It manages $240.76 million of regulatory assets for 644 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.
Wakefield Asset Management, L provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wakefield Asset Management, LlLP is $240.76 million. The firm's AUM has grown by 194% 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 Wakefield Asset Management, LlLP for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Wakefield Asset Management, L is high net worth individuals with 99 clients and $162 million of assets under management. Among the 13 most similar advisory firms, Wakefield Asset Management, L has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $240.76 million for 304 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.
Wakefield Asset Management, L doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 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.
The principal office where Wakefield Asset Management, LlLP performs its advisory services is located at 7887 East Belleview Ave, Suite #800, Englewood, CO 80111, 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 303-771-0630 or by fax 303-770-0160. The normal business hours are 7:30am to 4:30pm on Monday - Friday. You can find more information about the New York firm at wakefieldinc.com.