Wealth Navigation, LLC (Centerville)


Wealth Navigation, LLC is a large advisory firm based in Centerville. It manages $111.43 million of regulatory assets for 850 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Idaho and Utah.

Wealth Navigation provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealth Navigation: assets under management

The assets under management (AUM) of Wealth Navigation, LLC is $111.43 million, all of which is managed in discretionary accounts. 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 firm manages $111.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $131.09 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in pooled investment vehicles form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Navigation, 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.

What kind of clients Ryan Paul Halliday serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ryan Paul Halliday is high net worth individuals with 78 clients and $48.42 million of assets under management. Among the 11 most similar advisory firms, Wealth Navigation has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.33 million for 427 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.

Wealth Navigation doesn't advise any private funds.

Careers at Wealth Navigation, LLC

The company employs 11 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 8 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.

Ryan Paul Halliday has been acting as President since 1 Jun 2007. Michael Scott Jones joined the executive team most recently as the Chief Operating Officer / Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Fisher Family Holdings Member 1 Dec 2003 75% - 100% 20-0487377
Owen John Fisher Partner/founder 1 Apr 2006 Other 3132848
Dustin Chad Thackeray Director of investments 1 May 2006 Other 4878110
Adam Craig Fisher Managing partner/chief compliance officer 1 Sep 2006 Other 5231886
Trevor B Eldredge Chief legal officer 1 Jan 2007 Other 5276541
Trevor Brent Eldredge Chief legal officer 1 Jan 2007 Other 5276541
Steven Kenneth Smartt Managing director 1 May 2007 Other 868752
Ryan Paul Halliday President 1 Jun 2007 Other 4033864
Llc Wn Holdings Member 1 Nov 2008 75% - 100% 26-3755012
Roger Matthew Tullis Managing member/cio 1 Aug 2009 Other 2191556
Jacob Zeke Rushton Chief compliance officer 1 Feb 2014 Other 5202815
Michael Scott Jones Director of operations 1 Feb 2015 Other 4966708
Michael Scott Jones Chief operating officer / chief compliance officer 1 Mar 2017 Other 4966708

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Tricia Littlefield Fisher Member 1 Dec 2003 75% - 100% 5362265
Llc Fisher Family Holdings Managing member 1 Jan 2009 25% - 50% 20-0487377
Llc Axis Family Holdings Managing member 1 Jan 2009 Other 26-4246595
Owen John Fisher Owner 1 Jan 2009 50% - 75% 3132848
Adam Craig Fisher Owner 1 Jan 2009 75% - 100% 5231886
The Adam Craig Fisher Trust Owner 1 Jan 2009 50% - 75% xxx-xx-xxxx
Hh 2007 Managing member 1 Jan 2009 25% - 50% 26-1856457
Llc New Stage Ventures Ii Managing member 1 Aug 2009 25% - 50% 27-0944058

Based in Centerville

The principal office where Wealth Navigation, LLC performs its advisory services is located at 1148 W. Legacy Crossing Blvd, Centerville, UT 84014, which is also the mailing address of the firm. An additional office of the firm is in Ammon, ID. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 801-335-8200 or by fax 801-299-3414. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at wealthnavigation.com.