Wealth Bridge Solutions, LLC (Portland)


Wealth Bridge Solutions, LLC is a large advisory firm based in Portland. It manages $149.5 million of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Florida, Massachusetts, Oregon, and Vermont.

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

Wealth Bridge Solutions: assets under management

The assets under management (AUM) of Wealth Bridge Solutions, LLC is $149.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 172% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $149.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.59 million each.
Wealth Bridge Solutions has custody of $4.84 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Bridge Solutions, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wealth Bridge Solutions serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wealth Bridge Solutions is pension and profit sharing plans with 39 clients and $66 million of assets under management. Among the 10 most similar advisory firms, Wealth Bridge Solutions has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $149.5 million for 133 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.

Wealth Bridge Solutions doesn't advise any private funds.

Careers at Wealth Bridge Solutions, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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 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.

Omar Ricardo Marquez joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Omar Ricardo Marquez Managing member 1 Dec 2016 75% - 100% 4087628
Garry Joseph Schnell Chief compliance officer 1 Dec 2016 Other 6744142
Llc Wealth Bridge Holdings Member 1 Mar 2017 75% - 100% 82-0925151
Evolution 2 Independence Llc Member 1 Mar 2017 75% - 100% 82-0925151
Brian Kendall Rice Chief executive officer 1 Apr 2017 Other 1789376
Michelle Lynn Wanless Chief operating officer 1 Apr 2017 Other 4522058

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Omar Ricardo Marquez Member 1 Apr 2017 25% - 50% 4087628
Robert Lowery Goodman Investor and member 1 Apr 2017 50% - 75% 6772955

Based in Portland

The principal office where Wealth Bridge Solutions, LLC performs its advisory services is located at 111 Sw 5 Th Avenue, Portland, OR 97204, which is also the mailing address of the firm. An additional office of the firm is in Burlington, VT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (877) 356-1058 or by fax (503) 765-7447. The normal business hours are by appointment only on Other. You can find more information about the New York firm at wealthbridge-solutions.com.