Keyes, Stange & Wooten Wealth Management, LLC (Palm Coast)


Keyes, Stange & Wooten Wealth Management, LLC is a large advisory firm based in Palm Coast. It manages $174.94 million of regulatory assets for 803 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida and Texas.

Keyes, Stange & Wooten Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Keyes, Stange & Wooten Wealth Management: assets under management

The assets under management (AUM) of Keyes, Stange & Wooten Wealth Management, LLC is $174.94 million. The firm's AUM has grown by 14% since the beginning of its operation, and $1.57 million of the total AUM is attributable to clients outside of the United States.

The firm manages $153.03 million in discretionary accounts and $21.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $205.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $377.82 thousand.
Keyes, Stange & Wooten Wealth Management has custody of $9.56 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keyes, Stange & Wooten Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Keyes, Stange & Wooten Wealth Management 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 Keyes, Stange & Wooten Wealth Management is high net worth individuals with 77 clients and $101.1 million of assets under management. Among the 9 most similar advisory firms, Keyes, Stange & Wooten Wealth Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $172.68 million for 317 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.

Keyes, Stange & Wooten Wealth Management doesn't advise any private funds.

Careers at Keyes, Stange & Wooten Wealth Management, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gerald Patrick Keyes Managing member, cco 1 Nov 2003 25% - 50% 2546749
Howard Erwin Stange Managing member 1 Nov 2003 25% - 50% 2943897
Marcus Allen Wooten Managing member 1 Nov 2003 25% - 50% 2676555

Based in Palm Coast

The principal office where Keyes, Stange & Wooten Wealth Management, LLC performs its advisory services is located at 391 Palm Coast Pkwy Sw, Palm Coast, FL 32137, which is also the mailing address of the firm. An additional office of the firm is in Daytona Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 386-446-7917 or by fax 386-446-1920. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at kswwealthmanagement.com and its LinkedIn profile.

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