Wealtheon Advisors LLC (San Ramon)

Wealtheon Advisors LLC is an adviser based in San Ramon. It manages $10.84 million of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Texas.

Wealtheon Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealtheon Advisors: assets under management

The assets under management (AUM) of Wealtheon Advisors LLC is $10.84 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $10.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.71 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealtheon Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Wealtheon Advisors serves?

The only and largest group of clients of Wealtheon Advisors is high net worth individuals with 22 clients and $10 million of assets under management. Among the 1 most similar advisory firms, Wealtheon Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $10 million for 22 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.

Wealtheon Advisors doesn't advise any private funds.

Careers at Wealtheon Advisors LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Jay Doraiswami	Managing member	1 May 2019	50% - 75%	6214351
Valli Karthikeswari Doraiswami	Chief compliance officer	1 May 2019	50% - 75%	6604299

Based in San Ramon

The principal office where Wealtheon Advisors LLC performs its advisory services is located at 2603 Camino Ramon, San Ramon, CA 94582, 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 925-359-6152. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday.