Azure Wealth Management, LLC (Los Angeles)


Azure Wealth Management, LLC is a large advisory firm based in Los Angeles. It manages $27 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2006.

Azure Wealth Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Azure Wealth Management: assets under management

The assets under management (AUM) of Azure Wealth Management, LLC is $27 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3 million in discretionary accounts and $24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $428.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.33 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Azure Wealth Management, LLC for their services and products based on a percentage of assets under management. 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.

Based in Los Angeles

The principal office where Azure Wealth Management, LLC performs its advisory services is located at 545 South Figueroa Street, Los Angeles, CA 90071, 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 800-708-5506 or by fax 888-306-6129. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.azurewealth.com.