Scottsdale Wealth Planning, Inc. (Scottsdale)

Name: Scottsdale Wealth Planning, Inc.
Address: 7033 E. Main Street, Scottsdale, AZ, 85251
Telephone: (480) 550-8555

Scottsdale Wealth Planning, Inc. is a mid-sized advisory firm based in Scottsdale. It manages $97.28 million of regulatory assets for 423 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona and Texas.

Scottsdale Wealth Planning provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Scottsdale Wealth Planning: assets under management

The assets under management (AUM) of Scottsdale Wealth Planning, Inc. is $97.28 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229.97 thousand each.

Scottsdale Wealth Planning has custody of $1.12 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scottsdale Wealth Planning, Inc. 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.

What kind of clients Scottsdale Wealth Planning serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Scottsdale Wealth Planning is high net worth individuals with 35 clients and $83.46 million of assets under management. Among the 9 most similar advisory firms, Scottsdale Wealth Planning has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $97.28 million for 77 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.

Scottsdale Wealth Planning doesn't advise any private funds.

Careers at Scottsdale Wealth Planning, Inc.

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
Paul Christopher Ohanian	Founder & chief compliance officer	1 Oct 2013	75% - 100%	1403229

Based in Scottsdale

The principal office where Scottsdale Wealth Planning, Inc. performs its advisory services is located at 7033 E. Main Street, Scottsdale, AZ 85251, 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 (480) 550-8555 or by fax (480) 550-9555. The normal business hours are 8:00am - 5:00pm mst on Monday - Friday. You can find more information about the New York firm at scottsdalewealthplanning.com and its LinkedIn profile.