360 Wealth Management, LLC (Dallas)

Name: 360 Wealth Management, LLC
Address: 17300 North Dallas Parkway, Dallas, TX, 75248
Telephone: 972-421-1360

360 Wealth Management, LLC is a large advisory firm based in Dallas. It manages $1.25 billion of regulatory assets for 6,682 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 33 other states.

360 Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

360 Wealth Management: assets under management

The assets under management (AUM) of 360 Wealth Management, LLC is $1.25 billion. The firm's AUM has grown by 2371% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.13 billion in discretionary accounts and $114.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $176.2 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 360 Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients 360 Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of 360 Wealth Management is individuals with 6,450 clients and $951.19 million of assets under management. Among the 11 most similar advisory firms, 360 Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.25 billion for 6,682 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.

360 Wealth Management doesn't advise any private funds.

Careers at 360 Wealth Management, LLC

The company employs 116 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 79 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Chad Atkins	Managing member	1 Jun 2012	25% - 50%	2459496
Brandon Joseph Day	Managing member	1 Jun 2012	25% - 50%	4715355
Sean Patrick Kernan	Managing member / chief compliance officer	1 Jun 2012	25% - 50%	4517730
Sean P Kernan	Managing member	1 Jun 2012	25% - 50%	4517730
Sarah Lynn Pais	Chief operating officer	1 Jan 2017	Other	5182838

Based in Dallas

The principal office where 360 Wealth Management, LLC performs its advisory services is located at 17300 North Dallas Parkway, Dallas, TX 75248, which is also the mailing address of the firm. An additional office of the firm is in Palestine, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 972-421-1360 or by fax 972-421-1390. The normal business hours are 9:00am to 5pm on Monday - Friday. You can find more information about the New York firm at 360wm.net.