Zrc Wealth Management, LLC (Santa Rosa)

Name: Zrc Wealth Management, LLC
Address: 3510 Unocal Place, Santa Rosa, CA, 95403
Telephone: 707-524-6131

Zrc Wealth Management, LLC is a large advisory firm based in Santa Rosa. It manages $194.92 million of regulatory assets for 442 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Zrc Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Zrc Wealth Management: assets under management

The assets under management (AUM) of Zrc Wealth Management, LLC is $194.92 million. The firm's AUM has grown by 58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $193.73 million in discretionary accounts and $1.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $442.3 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $297.36 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Zrc Wealth Management, LLC 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 Zrc Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Zrc Wealth Management is high net worth individuals with 89 clients and $135.03 million of assets under management. Among the 7 most similar advisory firms, Zrc Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $194.92 million for 179 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.

Zrc Wealth Management doesn't advise any private funds.

Careers at Zrc Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 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.

Zrc Wealth Management, LLC is owned by Linda Luliko Kachiu. Barry Nathan Mendelson joined the executive team most recently as the Managing Member / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Luliko Kachiu	Owner	1 Feb 2000	Other	4628594
Betsy Margaret Stewart	Owner	1 Feb 2000	Other	4628611
Barry Nathan Mendelson	Managing member / chief compliance officer	1 Jul 2014	75% - 100%	2531235

Based in Santa Rosa

The principal office where Zrc Wealth Management, LLC performs its advisory services is located at 3510 Unocal Place, Santa Rosa, CA 95403, which is also the mailing address of the firm. An additional office of the firm is in Walnut Creek, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 707-524-6131 or by fax 707-525-0331. The normal business hours are 9-5 by appointment on Monday - Friday. You can find more information about the New York firm at zrcwm.com.