Wealthpoint Advisors LLC (Indianapolis)

Name: Wealthpoint Advisors LLC
Address: 8335 Allison Pointe Trail, Indianapolis, IN, 46250
Telephone: 317-818-1040

Wealthpoint Advisors LLC is a large advisory firm based in Indianapolis. It manages $161.33 million of regulatory assets for 352 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Indiana, and Texas.

Wealthpoint Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthpoint Advisors: assets under management

The assets under management (AUM) of Wealthpoint Advisors LLC is $161.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 151% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $161.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $458.32 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 77% of the total AUM. The second-largest asset type is exchange traded securities, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealthpoint Advisors 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 Wealthpoint Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Wealthpoint Advisors is high net worth individuals with 36 clients and $114.48 million of assets under management. Among the 8 most similar advisory firms, Wealthpoint Advisors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $155.34 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.

Wealthpoint Advisors doesn't advise any private funds.

Careers at Wealthpoint Advisors LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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
Brent Michael Walker	Managing member/chief compliance officer	1 Sep 2009	75% - 100%	2480709
Stephanie Lynn Willison	Vice president	1 Sep 2009	25% - 50%	4619809

Based in Indianapolis

The principal office where Wealthpoint Advisors LLC performs its advisory services is located at 8335 Allison Pointe Trail, Indianapolis, IN 46250, 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 317-818-1040 or by fax 317-818-1045. The normal business hours are 8:30 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at wealthpointadv.com.