Mason Road Wealth Advisors, L.L.C. (Chesterfield)


Mason Road Wealth Advisors, L.L.C. is a large advisory firm based in Chesterfield. It manages $94.36 million of regulatory assets for 357 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Illinois, Kansas, Missouri, and Texas.

Mason Road Wealth Advisors, L.L.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Mason Road Wealth Advisors, L.L.C: assets under management

The assets under management (AUM) of Mason Road Wealth Advisors, L.L.C. is $94.36 million. The firm's AUM has grown by 188% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $88.28 million in discretionary accounts and $6.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $258.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $405.35 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is state and local bonds, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mason Road Wealth Advisors, L.L.C. 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.

What kind of clients Mason Road Wealth Advisors, L.L.C serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mason Road Wealth Advisors, L.L.C is high net worth individuals with 17 clients and $37.7 million of assets under management. Among the 6 most similar advisory firms, Mason Road Wealth Advisors, L.L.C has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $94.36 million for 156 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.

Mason Road Wealth Advisors, L.L.C doesn't advise any private funds.

Careers at Mason Road Wealth Advisors, L.L.C.

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joel Wayne Weltman Member & chief compliance officer 1 Nov 2004 Other 4918536
James Edward Thomas Member 1 Nov 2004 Other 4918540
William Joseph Perry Member 1 Nov 2004 Other 4918541
William Jay Bender Member 1 Nov 2004 Other 4918533
Connie Jean Mckee Member 1 Nov 2004 Other 5122892
Mary Lee Kraemer Chief compliance officer 1 Jun 2006 Other 5178397
Lori Ann Porcelli Plescia Member 1 Oct 2011 Other 5409054
Robert B. Schmidt Member 1 Oct 2011 Other 5997370
Bradley Gilmore Member 1 Oct 2011 Other 5997372
Robert Brian Schmidt Member 1 Oct 2011 Other 5997370
Bradley Russell Gilmore Member 1 Oct 2011 Other 5997372

Based in Chesterfield

The principal office where Mason Road Wealth Advisors, L.L.C. performs its advisory services is located at 424 S Woods Mill Road, Chesterfield, MO 63017, 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 314-590-0000 or by fax 314-576-9650. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mrwallc.com.