Cole Wealth Management, LLC is a large advisory firm based in Scottsdale. It manages $110.8 million of regulatory assets for 260 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Florida, North Dakota, and Texas.
Cole Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and life & health insurance, annuities, tax preparation. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cole Wealth Management, LLC is $110.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 164% 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 Cole Wealth Management, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Cole Wealth Management is high net worth individuals with 60 clients and $55 million of assets under management. Among the 11 most similar advisory firms, Cole Wealth Management has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $107 million for 260 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.
Cole Wealth Management 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 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.
The principal office where Cole Wealth Management, LLC performs its advisory services is located at 9332 E Raintree Dr, Scottsdale, AZ 85260, 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 480-275-6354 or by fax 480-275-6372. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at colewealthmanagement.com.