Steel Peak Wealth Management, LLC is a large advisory firm based in Woodland Hills. It manages $683.95 million of regulatory assets for 3,846 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.
Steel Peak 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 prepares financial plans for approximately 1,100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Steel Peak Wealth Management, LLC is $683.95 million. The firm's AUM has grown by 128% since the beginning of its operation, and $1.54 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Steel Peak Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Steel Peak Wealth Management is high net worth individuals with 147 clients and $415.41 million of assets under management. Among the 8 most similar advisory firms, Steel Peak Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $683.95 million for 1,209 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.
Steel Peak Wealth Management doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 14 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.
The principal office where Steel Peak Wealth Management, LLC performs its advisory services is located at 21650 Oxnard Street, Woodland Hills, CA 91367, which is also the mailing address of the firm. An additional office of the firm is in Beverly Hills, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (818) 835-8720 or by fax (818) 835-8730. The normal business hours are 7:30am to 4:30pm on Monday - Friday. You can find more information about the New York firm at steelpeakwealth.com.