Walsh & Associates, LLC is a large advisory firm based in Sarasota. It manages $291 million of regulatory assets for 1,380 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Florida, and 13 other states.
Walsh & Associates provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Walsh & Associates, LLC is $291 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Walsh & Associates, LLC 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Walsh & Associates is high net worth individuals with 125 clients and $173 million of assets under management. Among the 13 most similar advisory firms, Walsh & Associates has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $290.2 million for 610 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.
Walsh & Associates doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Walsh & Associates, LLC performs its advisory services is located at 2350 Fruitville Rd., Suite 201, Sarasota, FL 34237, which is also the mailing address of the firm. An additional office of the firm is in Dekalb, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 941-952-1188 or by fax 941-952-1184. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at walshwealthmanagement.com and its LinkedIn profile.