Ironridge Wealth Management, LLC (Atlanta)

Name: Ironridge Wealth Management, LLC
Address: 100 Galleria Parkway, Atlanta, GA, 30339
Telephone: (770) 635-1925

Ironridge Wealth Management, LLC is a large advisory firm based in Atlanta. It manages $93.6 million of regulatory assets for 360 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Georgia, South Carolina, and Texas.

Ironridge Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ironridge Wealth Management: assets under management

The assets under management (AUM) of Ironridge Wealth Management, LLC is $93.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $93.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.99 thousand each.

Ironridge Wealth Management has custody of $61.59 million in cash and securities for 48 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment and business development companies, which make up 23% of the firm’s portfolio. Investments in state and local bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ironridge Wealth Management, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ironridge Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ironridge Wealth Management is high net worth individuals with 32 clients and $67.21 million of assets under management. Among the 4 most similar advisory firms, Ironridge Wealth Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $93.6 million for 134 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.

Ironridge Wealth Management doesn't advise any private funds.

Careers at Ironridge Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Brian Keith Stickney	Principal / chief compliance officer	1 Feb 2013	50% - 75%	2217162
Richard Omer Maurice	Principal	1 Mar 2013	50% - 75%	4254502

Based in Atlanta

The principal office where Ironridge Wealth Management, LLC performs its advisory services is located at 100 Galleria Parkway, Atlanta, GA 30339, 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 (770) 635-1925. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ironridgewealth.com.