Lineweaver Wealth Advisors, LLC (Valley View)

Name: Lineweaver Wealth Advisors, LLC
Address: 9035 Sweet Valley Drive, Valley View, OH, 44125
Telephone: 216-520-1711

Lineweaver Wealth Advisors, LLC is a large advisory firm based in Valley View. It manages $306.3 million of regulatory assets for 2,176 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, Louisiana, and 4 other states.

Lineweaver Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lineweaver Wealth Advisors: assets under management

The assets under management (AUM) of Lineweaver Wealth Advisors, LLC is $306.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 59% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $306.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.76 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 81% of the total AUM. The second-largest asset type is other assets, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lineweaver Wealth Advisors, 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 Lineweaver Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Lineweaver Wealth Advisors is individuals with 1,315 clients and $205.95 million of assets under management. Among the 9 most similar advisory firms, Lineweaver Wealth Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $303.42 million for 1,371 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.

Lineweaver Wealth Advisors doesn't advise any private funds.

Careers at Lineweaver Wealth Advisors, LLC

The company employs 16 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Sheldon Lineweaver	Manager, chief compliance officer, president and ceo	1 Sep 2014	75% - 100%	2167805

Based in Valley View

The principal office where Lineweaver Wealth Advisors, LLC performs its advisory services is located at 9035 Sweet Valley Drive, Valley View, OH 44125, which is also the mailing address of the firm. An additional office of the firm is in Parma, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-520-1711 or by fax 216-520-1709. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at lineweaver.net.