Wolff Wiese Magana LLC is a large advisory firm based in Carslbad. It manages $139.98 million of regulatory assets for 1,064 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Illinois, and 6 other states.
Wolff Wiese Magana provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wolff Wiese Magana LLC is $139.98 million. The firm's AUM has grown by 70% since the beginning of its operation, and $455.72 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wolff Wiese Magana LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Wolff Wiese Magana is individuals with 406 clients and $67.01 million of assets under management. Among the 8 most similar advisory firms, Wolff Wiese Magana has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $139.98 million for 444 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.
Wolff Wiese Magana doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 67 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 Wolff Wiese Magana LLC performs its advisory services is located at 2131 Palomar Airport Rd., Carslbad, CA 92011, 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 (760) 692-5190 or by fax (760) 692-5162. The normal business hours are 6:30am - 4:00pm on Monday - Friday. You can find more information about the New York firm at wwmfinancial.com and its LinkedIn profile.