Family Wms, LLC is a large advisory firm based in Atlanta. It manages $512.9 million of regulatory assets for 593 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arkansas, Florida, Georgia, and 7 other states.
Family Wms provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and tax accounting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Family Wms, LLC is $512.9 million. The firm's AUM has grown by 49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Family Wms, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Dan M. Palmer is high net worth individuals with 48 clients and $459.9 million of assets under management. Among the 10 most similar advisory firms, Family Wms has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $461.21 million for 53 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.
Family Wms doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No 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.
Dan M. Palmer has been acting as President since 1 Apr 2003. Steven E. House joined the executive team most recently as the Director Of Tax.
The principal office where Family Wms, LLC performs its advisory services is located at 3155 Roswell Road, Atlanta, GA 30305, which is also the mailing address of the firm. An additional office of the firm is in Memphis, TN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 404-961-1051 or by fax 404-961-1054. The normal business hours are 8:00 am to 7:00 pm on Monday - Friday. You can find more information about the New York firm at familywms.com.