Wimmer Associates I, LLC (Pasadena)

Name: Wimmer Associates I, LLC
Address: 155 North Lake Avenue, Pasadena, CA, 91101 1848
Telephone: 626-683-3150

Wimmer Associates I, LLC is a large advisory firm based in Pasadena. It manages $294.29 million of regulatory assets for 348 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.

Wimmer Associates I provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wimmer Associates I: assets under management

The assets under management (AUM) of Wimmer Associates I, LLC is $294.29 million. The firm's AUM has grown by 511% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $279.71 million in discretionary accounts and $14.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $998.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $214.35 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wimmer Associates I, 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 Katherine Jones Wimmer serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Katherine Jones Wimmer is high net worth individuals with 80 clients and $246.24 million of assets under management. Among the 9 most similar advisory firms, Wimmer Associates I has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $279.71 million for 135 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.

Wimmer Associates I doesn't advise any private funds.

Careers at Wimmer Associates I, LLC

The company employs 4 people that are either part- or full-time employees. 100 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.

Katherine Jones Wimmer has been acting as President since 1 Jan 2003. Kathryn Burke Kenney joined the executive team most recently as the Vice President, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Warren Robert Wimmer	Member	1 Jan 2003	25% - 50%	4630185
Katherine Jones Wimmer	President	1 Jan 2003	50% - 75%	2053433
Karin Helene Dreyer	Vice president, chief compliance officer	1 May 2003	Other	1655786
Kathryn Burke Kenney	Vice president, chief compliance officer	1 Mar 2006	Other	1173519

Based in Pasadena

The principal office where Wimmer Associates I, LLC performs its advisory services is located at 155 North Lake Avenue, Pasadena, CA 91101 1848, 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 626-683-3150 or by fax 626-683-3188. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at wimmerassociates.com.