Alsari Wealth Management Global Advisors, LLC (San Diego)

Name: Alsari Wealth Management Global Advisors, LLC
Address: 750 B Street, San Diego, CA, 92101
Telephone: 619-225-7600

Alsari Wealth Management Global Advisors, LLC is a large advisory firm based in San Diego. It manages $139.02 million of regulatory assets for 371 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California and Texas.

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

Alsari Wealth Management Global Advisors: assets under management

The assets under management (AUM) of Alsari Wealth Management Global Advisors, LLC is $139.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 32% since the beginning of its operation, and $1.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $139.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $374.71 thousand each.

Alsari Wealth Management Global Advisors has custody of $5.4 million in cash and securities for 23 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 31% of the total AUM. The second-largest asset type is investment and business development companies, which make up 26% of the firm’s portfolio. Investments in exchange traded securities form 22% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Alsari Wealth Management Global Advisors, 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 Alsari Wealth Management Global Advisors serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Alsari Wealth Management Global Advisors is high net worth individuals with 50 clients and $71.4 million of assets under management. Among the 9 most similar advisory firms, Alsari Wealth Management Global Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $139.02 million for 110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Alsari Wealth Management Global Advisors doesn't advise any private funds.

Careers at Alsari Wealth Management Global Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 71 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.

Gary Stephen Graessle joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ali Hussain Alsari	Chief executive officer	1 Nov 2011	75% - 100%	2416464
Gary Stephen Graessle	Chief compliance officer	1 Nov 2011	Other	1071939
Gary S Graessle	Chief compliance officer	1 Nov 2011	Other	1071939

Based in San Diego

The principal office where Alsari Wealth Management Global Advisors, LLC performs its advisory services is located at 750 B Street, San Diego, CA 92101, 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 619-225-7600 or by fax 619-225-7700. The normal business hours are 6:30 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at awmga.com.