Traust Sollus Wealth Management, LLC is a large advisory firm based in Princeton. It manages $410.5 million of regulatory assets for 808 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut, Florida, Louisiana, and 5 other states.
Traust Sollus Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and advice on matters not involving securities.. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Traust Sollus Wealth Management, LLC is $410.5 million. The firm's AUM has grown by 117% 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 Traust Sollus Wealth Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Guy Mcphail is high net worth individuals with 108 clients and $399.92 million of assets under management. Among the 6 most similar advisory firms, Traust Sollus Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $410.5 million for 152 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.
Traust Sollus Wealth Management doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 44 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.
Guy Mcphail has been acting as President since 1 Mar 2005. The Pont Des Arts Trust joined the executive team most recently as the Owner.
The principal office where Traust Sollus Wealth Management, LLC performs its advisory services is located at 103 Carnegie Center, Princeton, NJ 08540, 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 (609) 779-6700 or by fax (609) 779-6701. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at tswealth.com.