Aris Wealth Services Inc (State College)

Name: Aris Wealth Services Inc
Address: 270 Walker Dr, State College, PA, 16801
Telephone: 814-231-3710

Aris Wealth Services Inc is a large advisory firm based in State College. It manages $1.68 billion of regulatory assets for 6,787 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 39 other states.

Aris Wealth Services 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.

Aris Wealth Services: assets under management

The assets under management (AUM) of Aris Wealth Services Inc is $1.68 billion. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.66 billion in discretionary accounts and $21.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $261.15 thousand.

Aris Wealth Services has custody of $1.68 billion in cash and securities for 4,300 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aris Wealth Services Inc for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Aris Wealth Services Inc

Doug Jon Planeta has been acting as President since 1 Jun 2001. Davin Andrew Gibbins has served as the Chief Investment Officer since 1 Jun 2003. John Salvatore Battaglia joined the executive team most recently as the Director, President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Aris Corporation Of America	Parent corporation	1 Jan 1994	75% - 100%	25-1724474
Robert Arthur Szeyller	Director	1 Jan 1994	Other	441719
Thomas James Ericson	Vp, general counsel, compliance officer	1 Apr 1997	Other	2334305
Robert Eugene Mcnichol	President, ceo	1 Jun 2000	Other	330207
John Salvatore Battaglia	Director, cfo	1 Jun 2000	Other	1894227
Melinda Lee Huffer	Svp, director	1 Jun 2000	Other	1988210
Thomas James Wolfe	Director of finance	1 Dec 2000	Other	4268452
David William Kuhr	Director of compliance	1 Feb 2001	Other	2317114
Doug Jon Planeta	Director	1 Jun 2001	Other	4005423
Richard Charles Musar	Director	1 Jun 2001	Other	1787258
Laurie Jamison Knisely	Director of compliance	1 Jun 2003	Other	1793597
Davin Andrew Gibbins	Chief investment officer	1 Jun 2003	Other	4409770
Charles Timothy Boyd	Chief compliance officer	1 Oct 2004	Other	3153323
John Salvatore Battaglia	Director, president	1 Jan 2015	Other	1894227
Richard Charles Musar	Senior vice president	1 Jan 2015	Other	1787258
Davin Andrew Gibbins	Vice president, chief investment officer	1 Jan 2015	Other	4409770
Charles Timothy Boyd	Chief compliance officer	1 Jan 2015	Other	3153323
Charles George Goldman	Director, chairman of the board, ceo	1 Jan 2015	Other	4338747
Ted Fyke Angus	Director, executive vice president, general counsel, secretary	1 Jan 2015	Other	4156167
Gary George Zyla	Executive vice president, chief financial officer, treasurer	1 Jan 2015	Other	5906412

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Assetmark Financial	Shareholder	1 Jan 2015	75% - 100%	86-0898056
Inc. Assetmark Financial Holdings	Shareholder	1 Jan 2015	75% - 100%	30-0774039
Llc (Parent) Aqgen Liberty Holdings	Shareholder	1 Jan 2015	75% - 100%	46-2427926
Llc Aquiline Liberty Holdings	Shareholder	1 Jan 2015	25% - 50%	46-3433937
L.P. Genstar Capital Partners V	Shareholder	1 Jan 2015	25% - 50%	26-0504698
L.P. Genstar Capital Partners Vi	Shareholder	1 Jan 2015	25% - 50%	80-0690808

Based in State College

The principal office where Aris Wealth Services Inc performs its advisory services is located at 270 Walker Dr, State College, PA 16801, 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 814-231-3710 or by fax 814-231-2222. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at aris.lightport.com/welcome.asp.