Kathleen S. Wright Associates Inc. (Pittsburgh)

Name: Kathleen S. Wright Associates Inc.
Address: 61 Mcmurray Road, Pittsburgh, PA, 15241 1633
Telephone: 412-854-2100

Kathleen S. Wright Associates Inc. is a large advisory firm based in Pittsburgh. It manages $158.38 million of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Pennsylvania.

Kathleen S. Wright Associates provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Kathleen S. Wright Associates: assets under management

The assets under management (AUM) of Kathleen S. Wright Associates Inc. is $158.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 309% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.76 million each.

Kathleen S. Wright Associates has custody of $75.55 million in cash and securities for 67 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 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kathleen S. Wright Associates Inc. for their services and products based on a percentage of assets under management, hourly charges, 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 Kathleen S. Wright Associates serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Kathleen S. Wright Associates is high net worth individuals with 58 clients and $141.42 million of assets under management. Among the 11 most similar advisory firms, Kathleen S. Wright Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.38 million for 90 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.

Kathleen S. Wright Associates doesn't advise any private funds.

Careers at Kathleen S. Wright Associates Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Kathleen Seech Wright	President, director & chief compliance officer	1 Jan 2000	75% - 100%	2215515
Albert Gregory Lintner	Secretary, treasurer & director	1 Jan 2000	50% - 75%	1637226

Based in Pittsburgh

The principal office where Kathleen S. Wright Associates Inc. performs its advisory services is located at 61 Mcmurray Road, Pittsburgh, PA 15241 1633 The mailing address of the firm is P.O.Box 12719, Pittsburgh, PA 15241. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 412-854-2100 or by fax 412-854-2550. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at kswrightassociates.com.