Wilsey Asset Management Incorporated (San Diego)


Wilsey Asset Management Incorporated is a large advisory firm based in San Diego. It manages $224.5 million of regulatory assets for 1,055 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Wilsey Asset Management Incorporated provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, educational seminars and workshops, and consulting fees, seminars and speaking engagements. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wilsey Asset Management Incorporated: assets under management

The assets under management (AUM) of Wilsey Asset Management Incorporated is $224.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 100% since the beginning of its operation, and $516.6 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $224.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $212.8 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wilsey Asset Management Incorporated 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 Wilsey Asset Management Incorporated serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wilsey Asset Management Incorporated is individuals with 629 clients and $118.44 million of assets under management. Among the 8 most similar advisory firms, Wilsey Asset Management Incorporated has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $224.5 million for 676 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.

Wilsey Asset Management Incorporated doesn't advise any private funds.

Careers at Wilsey Asset Management Incorporated

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No 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 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.

Eladia Mayra Medin joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Eladia Mayra Medin Chief compliance officer 1 Feb 2012 Other 5236287
Brent Michael Wilsey Chief executive officer 1 Feb 2012 75% - 100% 1263961

Based in San Diego

The principal office where Wilsey Asset Management Incorporated performs its advisory services is located at 10680 Treena Street, San Diego, CA 92131, 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 858-546-4306 or by fax 858-653-5858. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wilseyassetmanagement.com and its LinkedIn profile.