Waldron Private Wealth, LLC is a large advisory firm based in Bridgeville. It manages $1.84 billion of regulatory assets for 184 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, District of Columbia, Florida, and 8 other states.
Waldron Private Wealth provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Waldron Private Wealth, LLC is $1.84 billion. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Waldron Private Wealth, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Waldron Private Wealth is high net worth individuals with 158 clients and $1.82 billion of assets under management. Among the 11 most similar advisory firms, Waldron Private Wealth has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.82 billion for 182 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.
Waldron Private Wealth doesn't advise any private funds.
The company employs 21 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 18 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Waldron Private Wealth, LLC performs its advisory services is located at 44 Abele Road, Bridgeville, PA 15017, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 412-221-1005 or by fax 412-221-2005. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at waldronprivatewealth.com.