Palo Alto Wealth Advisors, LLC is a large advisory firm based in Palo Alto. It manages $172.07 million of regulatory assets for 350 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.
Palo Alto Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Palo Alto Wealth Advisors, LLC is $172.07 million. The firm's AUM has grown by 48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Palo Alto Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Palo Alto Wealth Advisors is high net worth individuals with 76 clients and $172.07 million of assets under management. Among the 7 most similar advisory firms, Palo Alto Wealth Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $172.07 million for 76 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.
Palo Alto Wealth Advisors doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Palo Alto Wealth Advisors, LLC performs its advisory services is located at 715 Colorado Avenue, Palo Alto, CA 94303, 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 (650) 656-9800. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at paloaltowealth.com.