Archetype Wealth Partners, LLC (Houston)

Name: Archetype Wealth Partners, LLC
Address: 2777 Allen Parkway, Houston, TX, 77019
Telephone: (346) 352-2360

Archetype Wealth Partners, LLC is a large advisory firm based in Houston. It manages $239.95 million of regulatory assets for 634 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New Jersey, North Carolina, and Texas.

Archetype Wealth Partners 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 more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Archetype Wealth Partners: assets under management

The assets under management (AUM) of Archetype Wealth Partners, LLC is $239.95 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.37 million in discretionary accounts and $36.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $442.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $210.22 thousand.

Archetype Wealth Partners has custody of $38.53 million in cash and securities for 73 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Archetype Wealth Partners, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Archetype Wealth Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Archetype Wealth Partners is high net worth individuals with 77 clients and $212.16 million of assets under management. Among the 7 most similar advisory firms, Archetype Wealth Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $235.9 million for 176 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.

Archetype Wealth Partners doesn't advise any private funds.

Careers at Archetype Wealth Partners, LLC

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 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 compensates 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
Jeffrey Alan Thomas	Chief compliance officer and member	1 Apr 2017	75% - 100%	1713517

Based in Houston

The principal office where Archetype Wealth Partners, LLC performs its advisory services is located at 2777 Allen Parkway, Houston, TX 77019, which is also the mailing address of the firm. An additional office of the firm is in Basking Ridge, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (346) 352-2360. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at archetypewealth.com.