Prophecy Impact Investments, LLC (Germantown)

Name: Prophecy Impact Investments, LLC
Address: W175 N11081 Stonewood Drive,, Germantown, WI, 53022
Telephone: 262-250-3100

Prophecy Impact Investments, LLC is an internet adviser based in Germantown. It manages $530 thousand of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Wisconsin.

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

Prophecy Impact Investments: assets under management

The assets under management (AUM) of Prophecy Impact Investments, LLC is $530 thousand, 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 $530 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.86 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Prophecy Impact Investments, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Prophecy Impact Investments serves?

The only and largest group of clients of Prophecy Impact Investments is individuals with 10 clients and $530 thousand of assets under management. Among the 2 most similar advisory firms, Prophecy Impact Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $530 thousand for 10 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.

Prophecy Impact Investments doesn't advise any private funds.

Careers at Prophecy Impact Investments, LLC

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
Gregory Dean Wait	President / chief compliance officer / member / elected manager	1 Sep 2016	75% - 100%	1308105

Based in Germantown

The principal office where Prophecy Impact Investments, LLC performs its advisory services is located at W175 N11081 Stonewood Drive,, Germantown, WI 53022, 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 262-250-3100. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at prophecyimpact.com.