Assante Asset Management Inc (San Jose)

Name: Assante Asset Management Inc
Address: 3055 Olin Ave., San Jose, CA, 95128
Telephone: 408-260-3100

Assante Asset Management Inc is a large advisory firm based in San Jose. It manages $2.23 billion of regulatory assets for 9,325 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Assante Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Assante Asset Management: assets under management

The assets under management (AUM) of Assante Asset Management Inc is $2.23 billion. The firm's AUM has grown by 60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $345.32 million in discretionary accounts and $1.88 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.76 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $204.6 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Assante Asset Management 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 Assante Asset Management Inc

Daniel Avrum Bubis has served as the Chief Investment Officer since 1 Sep 2000. Jody Michelle Dawn Wreggit joined the executive team most recently as the Cfo And Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Assante Holdings Inc.	Shareholder	1 Jul 1998	75% - 100%	95-4699118
Michael Ray Clinton	Treasurer/coo	1 Jul 1998	Other	2721577
Loring Ward Group Inc.(Formerly Known As Assante Holdings Inc.)	Shareholder	1 Jul 1998	75% - 100%	95-4699118
Loring Ward Group Inc.	Shareholder	1 Jul 1998	75% - 100%	95-4699118
Patrick Michael Keating	President, director, & ceo: aam & acm	1 Sep 2000	Other	4239521
Alexander Bennett Potts	Chief compliance officer, exec. v.p., gen. manager	1 Sep 2000	Other	1765245
Anita Ruth Wortzman	Corporate secretary	1 Sep 2000	Other	4296155
Daniel Avrum Bubis	Chief investment officer	1 Sep 2000	Other	4378576
Mohammed T. Aljaibaji	Chief financial officer	1 Sep 2000	Other	2996736
Frank Edward Pare	Chief compliance officer	1 May 2001	Other	2098302
Jennifer Seymour Fromm	Corporate ecretary	1 Jan 2002	Other	4276280
Jody Michelle Dawn Wreggit	Treasurer	1 Mar 2002	Other	4520962
Fentress Thomas Andrew Marquess	Cfo and treasurer	1 Aug 2002	Other	4524424
Fentress Thomas Andrew Marquess	Cfo and treasurer	1 Sep 2002	Other	4524424
Gilbert Michel Joseph Grenier	Cfo and treasurer	1 Jan 2003	Other	4593963
Harvey Wallace Schiller	President, ceo, and director	1 Jan 2003	Other	4631397
Harvey Schiller	Outside director	1 Jan 2003	Other	4631397
Martin Sidney Weinberg	President, ceo, and director	1 Apr 2003	25% - 50%	4378574
Kim Ann Lawson	Corporate secretary	1 Sep 2004	Other	2190770
Jody Michelle Dawn Wreggit	Cfo and treasurer	1 Oct 2004	Other	4520962
Al Steele	President, loring ward advisor services	1 Oct 2004	Other	4863207

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Martin Sidney Weinberg	Shareholder	1 Dec 1995	75% - 100%	4378574
Assante Corporation	Shareholder	1 Jul 1998	75% - 100%	898286547 canada
Loring Ward International Ltd.	Shareholder	1 Nov 2003	75% - 100%	85-5640884

Based in San Jose

The principal office where Assante Asset Management Inc performs its advisory services is located at 3055 Olin Ave., San Jose, CA 95128, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 408-260-3100 or by fax 408-247-1108. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.assante.com/us/.