Wealthstream Advisors, Inc. is a large advisory firm based in New York. It manages $568.46 million of regulatory assets for 1,137 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, New Hampshire, and 5 other states.
Wealthstream Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wealthstream Advisors, Inc. is $568.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1188% since the beginning of its operation, and $833.81 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wealthstream Advisors, Inc. 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.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Wealthstream Advisors is high net worth individuals with 146 clients and $479.99 million of assets under management. Among the 9 most similar advisory firms, Wealthstream Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $564.93 million for 260 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Wealthstream Advisors doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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 Wealthstream Advisors, Inc. performs its advisory services is located at 60 East 42 Nd Street, New York, NY 10165, which is also the mailing address of the firm. An additional office of the firm is in Syosset, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-971-9241 or by fax 212-868-3140. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wealthstreamadvisors.com.