ALPha Wealth Management And Planning LLC (Novato)


ALPha Wealth Management And Planning LLC is a large advisory firm based in Novato. It manages $163.65 million of regulatory assets for 922 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Nevada, and 3 other states.

ALPha Wealth Management And Planning provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

ALPha Wealth Management And Planning: assets under management

The assets under management (AUM) of ALPha Wealth Management And Planning LLC is $163.65 million. The firm's AUM has grown by 355% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $153.85 million in discretionary accounts and $9.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.22 million.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPha Wealth Management And Planning LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 ALPha Wealth Management And Planning serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of ALPha Wealth Management And Planning is individuals with 600 clients and $129.32 million of assets under management. Among the 10 most similar advisory firms, ALPha Wealth Management And Planning has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $163.65 million for 618 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.

ALPha Wealth Management And Planning doesn't advise any private funds.

Careers at ALPha Wealth Management And Planning LLC

The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 8 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
Andrei Nicolai Jigalin Managing member & chief compliance officer 1 Apr 2012 75% - 100% 2777373
Andrei Nicolai Jigalin Managing member & chief compliance officer 1 Jun 2012 50% - 75% 2777373
Matthew Jones Fannin Managing member/principal 1 Jul 2012 50% - 75% 3166145

Based in Novato

The principal office where ALPha Wealth Management And Planning LLC performs its advisory services is located at 350 Ignacio Blvd, Novato, CA 94949, which is also the mailing address of the firm. An additional office of the firm is in Santa Rosa, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-506-4569 or by fax 415-508-3467. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at alphawmp.com and its LinkedIn profile.