Aquire Wealth Advisors, LLC (South Jordan)

Name: Aquire Wealth Advisors, LLC
Address: 879 Baxter Drive, South Jordan, UT, 84095
Telephone: 801-748-1243

Aquire Wealth Advisors, LLC is a large advisory firm based in South Jordan. It manages $159.33 million of regulatory assets for 952 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.

Aquire Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Aquire Wealth Advisors: assets under management

The assets under management (AUM) of Aquire Wealth Advisors, LLC is $159.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $159.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $167.36 thousand each.

Aquire Wealth Advisors has custody of $83.2 million in cash and securities for 469 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is state and local bonds, which make up 5% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aquire Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Aquire Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Aquire Wealth Advisors is high net worth individuals with 52 clients and $90.83 million of assets under management. Among the 9 most similar advisory firms, Aquire Wealth Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $159.33 million for 301 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.

Aquire Wealth Advisors doesn't advise any private funds.

Careers at Aquire Wealth Advisors, LLC

The company employs 17 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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
Reese J Harper	President, chief compliance officer	1 Feb 2009	Other	4907910
Llc Aquire Holdings	Member	1 Jun 2018	75% - 100%	82-3365807
Justin Paul Copier	Chief operating officer	1 Jun 2018	Other	7070734

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Rh Financial	Member	1 Nov 2017	50% - 75%	26-1473465

Based in South Jordan

The principal office where Aquire Wealth Advisors, LLC performs its advisory services is located at 879 Baxter Drive, South Jordan, UT 84095, which is also the mailing address of the firm. An additional office of the firm is in Las Vegas, NV. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 801-748-1243 or by fax 801-454-0434. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at dentistadvisors.com/ and its LinkedIn profile.