Wright Fund Management, LLC (Santa Monica)

Name: Wright Fund Management, LLC
Address: 3420 Ocean Park Blvd., Santa Monica, CA, 90405
Telephone: 310-452-1887

Wright Fund Management, LLC is an investment adviser to an investment company based in Santa Monica. It manages $1.64 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of California.

Wright Fund Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wright Fund Management: assets under management

The assets under management (AUM) of Wright Fund Management, LLC is $1.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1075% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.64 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $548.31 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wright Fund Management, LLC for their services and products based on a percentage of assets under management. 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 Wright Fund Management serves?

The only and largest group of clients of Wright Fund Management is investment companies with 3 clients and $1.64 billion of assets under management. Among the 6 most similar advisory firms, Wright Fund Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.64 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Wright Fund Management doesn't advise any private funds.

Careers at Wright Fund Management, 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 compensates 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
Kenneth Lee Sleeper	Non-voting 50% interest	1 Oct 2007	50% - 75%	1238247
David Chandler Wright	Managing member	1 Oct 2007	50% - 75%	1466125
David C. Wright	Managing member & chief compliance officer	1 Oct 2007	50% - 75%	1466125
Phyllis Joy Bunzel	Chief compliance officer	1 Jul 2011	Other	729605

Based in Santa Monica

The principal office where Wright Fund Management, LLC performs its advisory services is located at 3420 Ocean Park Blvd., Santa Monica, CA 90405, 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 310-452-1887 or by fax 310-452-2680. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at sierramutualfunds.com.