Fft Wealth Management LLC is a large advisory firm based in West Conshohocken. It manages $1.38 billion of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, New York, and Pennsylvania.
Fft Wealth Management 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.
The assets under management (AUM) of Fft Wealth Management LLC is $1.38 billion. The firm's AUM has grown by 7966% 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 Fft 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 only and largest group of clients of Keith M Bloomfield is high net worth individuals with 20 clients and $1.38 billion of assets under management. Among the 9 most similar advisory firms, Fft Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.38 billion for 20 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.
Fft Wealth Management doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 54 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.
Keith M Bloomfield has been acting as President since 1 Jul 2011. William David Luterman has served as the Chief Investment Officer since 1 Jul 2011 and Keith Mitchell Bloomfield is the Chief Executive Officer of Fft Wealth Management LLC family office. Kathleen Elizabeth Keating joined the executive team most recently as the Chief Compliance Officer.
The principal office where Fft Wealth Management LLC performs its advisory services is located at One Tower Bridge, West Conshohocken, PA 19428, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-488-1390 or by fax 610-545-6101. The normal business hours are 8 am to 6 pm on Monday - Friday. You can find more information about the New York firm at forbesfamilytrust.com and its LinkedIn profile.