The Wealth Collaborative, Inc. (Westlake Village)

Name: The Wealth Collaborative, Inc.
Address: 30699 Russell Ranch Road, Westlake Village, CA, 91362
Telephone: 818-577-1180

The Wealth Collaborative, Inc. is a large advisory firm based in Westlake Village. It manages $491.38 million of regulatory assets for 418 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California and Texas.

The Wealth Collaborative provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Wealth Collaborative: assets under management

The assets under management (AUM) of The Wealth Collaborative, Inc. is $491.38 million. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $488.19 million in discretionary accounts and $3.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $398.68 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is state and local bonds, which make up 17% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Wealth Collaborative, Inc. 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 The Wealth Collaborative serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of The Wealth Collaborative is high net worth individuals with 91 clients and $411.32 million of assets under management. Among the 8 most similar advisory firms, The Wealth Collaborative has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $491.38 million for 182 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.

The Wealth Collaborative doesn't advise any private funds.

Careers at The Wealth Collaborative, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Jeffrey Byron Wheeler	President and chief compliance officer	1 Dec 2006	75% - 100%	4234729
Jeff Wheeler	President and chief compliance officer	1 Dec 2006	75% - 100%	4234729
Mary Elizabeth Mccraw	Wealth planning analyst	1 Dec 2006	Other	4693507
Seok Hyon Jo	Vice president of client services	1 Dec 2006	Other	3061892

Based in Westlake Village

The principal office where The Wealth Collaborative, Inc. performs its advisory services is located at 30699 Russell Ranch Road, Westlake Village, CA 91362, 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 818-577-1180 or by fax 818-577-1165. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at thewealthcollaborative.com.