Weik Capital Management, Inc is a large advisory firm based in Wyomissing. It manages $254.93 million of regulatory assets for 209 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida and Pennsylvania.
Weik Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Weik Capital Management, Inc is $254.93 million. The firm's AUM has gone down by -11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Weik Capital Management, Inc 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Weik Capital Management is high net worth individuals with 113 clients and $158.63 million of assets under management. Among the 4 most similar advisory firms, Weik Capital Management has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $243.41 million for 207 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.
Weik Capital Management also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $200,000.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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.
The principal office where Weik Capital Management, Inc performs its advisory services is located at 1075 Berkshire Blvd, Wyomissing, PA 19610 1227, 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 610-376-2240 or by fax 610-376-8256. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at weikinvest.com.