Brickley Wealth Management (San Mateo)

Name: Brickley Wealth Management
Address: 1900 O'farrell Street #330, San Mateo, CA, 94403
Telephone: (650) 638-0111

Brickley Wealth Management is a large advisory firm based in San Mateo. It manages $374.25 million of regulatory assets for 459 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Washington.

Brickley Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brickley Wealth Management: assets under management

The assets under management (AUM) of Brickley Wealth Management is $374.25 million. The firm's AUM has grown by 265% since the beginning of its operation, and $310.55 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $373.94 million in discretionary accounts and $308.1 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $820.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $102.7 thousand.

Brickley Wealth Management has custody of $287.29 million in cash and securities for 91 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brickley Wealth Management for their services and products based on a percentage of assets under management and hourly charges. 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 Brickley Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brickley Wealth Management is high net worth individuals with 79 clients and $348.08 million of assets under management. Among the 11 most similar advisory firms, Brickley Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $369.47 million for 173 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.

Brickley Wealth Management doesn't advise any private funds.

Careers at Brickley Wealth Management

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Brickley Wealth Holding Inc	Member	1 May 2017	75% - 100%	46-3484707
Brickley Wealth Investment Inc.	Member	1 May 2017	Other	82-1097083
Stephen Mark Brickley	Chief compliance officer	1 Jun 2017	Other	3233791

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Aaron Michael Brickley	Shareholder	1 Jun 2017	25% - 50%	5326096
Nathan George Brickley	Shareholder	1 Jun 2017	25% - 50%	6225833
Matthew Stephen Brickley	Shareholder	1 Jun 2017	25% - 50%	6113703

Based in San Mateo

The principal office where Brickley Wealth Management performs its advisory services is located at 1900 O'farrell Street #330, San Mateo, CA 94403, 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 (650) 638-0111 or by fax (650) 638-0222. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at brickleywealth.com.