7258 Wealth Management, Inc. (Denver)

Name: 7258 Wealth Management, Inc.
Address: 730 17 Th Street, Denver, CO, 80202
Telephone: 720-492-1381

7258 Wealth Management, Inc. is a large advisory firm based in Denver. It manages $154.54 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Colorado, Nebraska, and Texas.

7258 Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

7258 Wealth Management: assets under management

The assets under management (AUM) of 7258 Wealth Management, Inc. is $154.54 million, all of which is managed in discretionary accounts. 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 $154.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.07 million each.

7258 Wealth Management has custody of $44.07 million in cash and securities for 29 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 7258 Wealth Management, Inc. for their services and products based on a percentage of assets under management 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 7258 Wealth Management, Inc.

The company employs 2 people that are either part- or full-time employees. 100 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric Scott Holt	President, cco	1 May 2018	75% - 100%	4274535
Stephen F Trainer	Shareholder	1 May 2018	Other	4856521
William Warren Jennings	Shareholder	1 May 2018	Other	6946688
Steven P Fraser	Shareholder	1 May 2018	Other	6997448
Stephen Francis Trainer	Shareholder	1 May 2018	Other	4856521
Steven Philip Fraser	Shareholder	1 May 2018	Other	6997448

Based in Denver

The principal office where 7258 Wealth Management, Inc. performs its advisory services is located at 730 17 Th Street, Denver, CO 80202, 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 720-492-1381. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at 7258wealth.com/.