Triangle Securities Wealth Management is a large advisory firm based in Raleigh. It manages $684.81 million of regulatory assets for 893 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Georgia, Illinois, and 5 other states.
Triangle Securities Wealth Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Triangle Securities Wealth Management is $684.81 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1563% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Triangle Securities Wealth Management for their services and products based on a percentage of assets under management. 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, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Triangle Securities Wealth Management is high net worth individuals with 185 clients and $535.55 million of assets under management. Among the 9 most similar advisory firms, Triangle Securities Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $676.68 million for 479 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.
Triangle Securities Wealth Management doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 11 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 receive compensation from other entities for client referrals.
The principal office where Triangle Securities Wealth Management performs its advisory services is located at 1301 Annapolis Drive, Raleigh, NC 27608, 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 919-838-3221 or by fax 919-838-9081. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at trianglesecurities.com and its LinkedIn profile.