Wealth Advisors Of Tampa Bay LLC (Tampa)

Name: Wealth Advisors Of Tampa Bay LLC
Address: 777 South Harbour Island Boulevard, Tampa, FL, 33602
Telephone: 813-642-7730

Wealth Advisors Of Tampa Bay LLC is a large advisory firm based in Tampa. It manages $258.98 million of regulatory assets for 426 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Indiana, and Texas.

Wealth Advisors Of Tampa Bay provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Wealth Advisors Of Tampa Bay: assets under management

The assets under management (AUM) of Wealth Advisors Of Tampa Bay LLC is $258.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 136% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $258.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $607.93 thousand each.

Wealth Advisors Of Tampa Bay has custody of $55.89 million in cash and securities for 37 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Advisors Of Tampa Bay LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wealth Advisors Of Tampa Bay serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Wealth Advisors Of Tampa Bay is high net worth individuals with 39 clients and $186.02 million of assets under management. Among the 10 most similar advisory firms, Wealth Advisors Of Tampa Bay has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $246.62 million for 421 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.

Wealth Advisors Of Tampa Bay doesn't advise any private funds.

Careers at Wealth Advisors Of Tampa Bay LLC

The company employs 6 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 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
Lori Suzanne Nadglowski	Managing member, chief compliance officer	1 Mar 2012	Other	4490966
Roger Alan Martin	Managing member	1 Mar 2012	25% - 50%	2388438
Robert Fenn Giles	Managing member	1 Mar 2012	50% - 75%	2472573
Lori Suzanne Nadglowski	Managing member, chief compliance officer	1 Apr 2012	Other	4490966
Roger Alan Martin	Managing member	1 Apr 2012	25% - 50%	2388438
Robert Fenn Giles	Managing member	1 Apr 2012	50% - 75%	2472573
Robert Fenn Giles	Member	1 Jul 2017	Other	4560739

Based in Tampa

The principal office where Wealth Advisors Of Tampa Bay LLC performs its advisory services is located at 777 South Harbour Island Boulevard, Tampa, FL 33602, 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 813-642-7730 or by fax 813-489-6800. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at wealthadvtb.com and its LinkedIn profile.