Wespac Advisors, LLC is a large advisory firm based in Oakland. It manages $908.3 million of regulatory assets for 643 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Louisiana, and 5 other states.
Wespac Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wespac Advisors, LLC is $908.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 149% since the beginning of its operation, and $591.07 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wespac Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Renee Tailing Szu is pension and profit sharing plans with 330 clients and $797.43 million of assets under management. Among the 10 most similar advisory firms, Wespac Advisors has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $908.3 million for 643 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.
Wespac Advisors doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Renee Tailing Szu has been acting as President since 1 Aug 2008. Focus Financial Partners Inc. joined the executive team most recently as the Member.
The principal office where Wespac Advisors, LLC performs its advisory services is located at 519 17 Th Street, Oakland, CA 94612 The mailing address of the firm is 689 Sierra Rose Drive, Reno, NV 89511. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 510-287-5255 or by fax 510-287-5282. The normal business hours are 8:30 am- 5:30 pm on Monday - Friday. You can find more information about the New York firm at wespac.net and its LinkedIn profile.