Accelerated Wealth Advisors LLC (Colorado Springs)

Name: Accelerated Wealth Advisors LLC
Address: 13570 Meadowgrass Dr., Colorado Springs, CO, 80921
Telephone: 719-466-5631

Accelerated Wealth Advisors LLC is a large advisory firm based in Colorado Springs. It manages $201.2 million of regulatory assets for 1,534 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, California, Colorado, and 13 other states.

Accelerated Wealth Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Accelerated Wealth Advisors: assets under management

The assets under management (AUM) of Accelerated Wealth Advisors LLC is $201.2 million. The firm's AUM has grown by 90% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130.48 million in discretionary accounts and $70.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.38 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.82 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 23% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Accelerated Wealth Advisors LLC 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.

What kind of clients Accelerated Wealth Advisors serves?

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 Accelerated Wealth Advisors is high net worth individuals with 692 clients and $103.69 million of assets under management. Among the 11 most similar advisory firms, Accelerated Wealth Advisors has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $201.01 million for 1,533 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.

Accelerated Wealth Advisors doesn't advise any private funds.

Careers at Accelerated Wealth Advisors LLC

The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 12 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Gregg Michael Indovina has served as the Chief Investment Officer since 1 Apr 2017. Melissa Marie Starr joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bill Jack Walton	President, chief compliance officer	1 Jul 2014	Other	6132593
Arche Media	Member	1 Jul 2014	75% - 100%	46-356820
Erik Nelson	Chief operations officer	1 Jul 2016	Other	6777587
Gregg Michael Indovina	Chief investment officer	1 Apr 2017	Other	4662849
Melissa Marie Starr	Chief compliance officer	1 Jul 2018	Other	6935003

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bill Jack Walton	Trustee	1 Aug 2008	Other	6132593
Nathalie Walton	Trustee	1 Aug 2008	Other	6678160
Premier Trust	Third party trustee	1 Aug 2008	Other	99-999999999
Maj Trust	Owner	1 Oct 2013	75% - 100%	46-7109398

Based in Colorado Springs

The principal office where Accelerated Wealth Advisors LLC performs its advisory services is located at 13570 Meadowgrass Dr., Colorado Springs, CO 80921, which is also the mailing address of the firm. An additional office of the firm is in Englewood, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 719-466-5631. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at acceleratedwealth.com/.