Caliber Wealth Management, LLC (Orem)

Name: Caliber Wealth Management, LLC
Address: 1436 East 820 North, Orem, UT, 84097
Telephone: 385-223-8688

Caliber Wealth Management, LLC is a large advisory firm based in Orem. It manages $108.29 million of regulatory assets for 300 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, Colorado, and Utah.

Caliber Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Caliber Wealth Management: assets under management

The assets under management (AUM) of Caliber Wealth Management, LLC is $108.29 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $108.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $360.98 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 32% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caliber Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Caliber Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Caliber Wealth Management is high net worth individuals with 30 clients and $78.92 million of assets under management. Among the 8 most similar advisory firms, Caliber Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.29 million for 300 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.

Caliber Wealth Management doesn't advise any private funds.

Careers at Caliber Wealth Management, LLC

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 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.

Based in Orem

The principal office where Caliber Wealth Management, LLC performs its advisory services is located at 1436 East 820 North, Orem, UT 84097, 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 385-223-8688. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at caliberwealthmanagement.com.