Chatterton & Associates, The Wealth Management Team, Inc. (Anaheim)

Name: Chatterton & Associates, The Wealth Management Team, Inc.
Address: 3061 E. La Palma Ave., Anaheim, CA, 92806
Telephone: 714-572-2050

Chatterton & Associates, The Wealth Management Team, Inc. is a large advisory firm based in Anaheim. It manages $695.91 million of regulatory assets for 2,070 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 5 other states.

Chatterton & Associates, The Wealth Management Team provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Chatterton & Associates, The Wealth Management Team: assets under management

The assets under management (AUM) of Chatterton & Associates, The Wealth Management Team, Inc. is $695.91 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Chatterton & Associates, The Wealth Management Team, Inc. 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 Robert D. Chatterton serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Robert D. Chatterton is high net worth individuals with 198 clients and $352.24 million of assets under management. Among the 7 most similar advisory firms, Chatterton & Associates, The Wealth Management Team has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $695.91 million for 1,189 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.

Chatterton & Associates, The Wealth Management Team doesn't advise any private funds.

Careers at Chatterton & Associates, The Wealth Management Team, Inc.

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Robert D. Chatterton has been acting as President since 1 Jul 2004. Tami J. Mehlbrandt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert D. Chatterton	President	1 Jul 2004	75% - 100%	2572846
Robert Dewitte Chatterton	President	1 Jul 2004	75% - 100%	2572846
Tami J. Mehlbrandt	Chief compliance officer	1 Dec 2006	Other	2966907

Based in Anaheim

The principal office where Chatterton & Associates, The Wealth Management Team, Inc. performs its advisory services is located at 3061 E. La Palma Ave., Anaheim, CA 92806, 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 714-572-2050 or by fax 714-572-2056. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at chattertoninc.com.