The Wealth Management Alliance LLC (San Jose)

Name: The Wealth Management Alliance LLC
Address: 10 Almaden Blvd., San Jose, CA, 95113
Telephone: (800) 366-7266

The Wealth Management Alliance LLC is a related adviser based in San Jose. It manages $99.17 million of regulatory assets for 208 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Georgia, South Carolina, and Texas.

The Wealth Management Alliance provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Wealth Management Alliance: assets under management

The assets under management (AUM) of The Wealth Management Alliance LLC is $99.17 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Wealth Management Alliance 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 The Wealth Management Alliance serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of The Wealth Management Alliance is high net worth individuals with 26 clients and $54.39 million of assets under management. Among the 7 most similar advisory firms, The Wealth Management Alliance has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $99.17 million for 96 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.

The Wealth Management Alliance doesn't advise any private funds.

Careers at The Wealth Management Alliance LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Deborah Daphne Djeu joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Loring Ward Holdings Inc.	Sole member	1 Jul 2013	75% - 100%	26-1954167
Michael Ray Clinton	Chief financial officer	1 Jul 2013	Other	2721577
Alexander Bennett Potts	Chief executive officer	1 Jul 2013	Other	1765245
Werba Reinhard Inc.	Sole member	1 Jul 2013	75% - 100%	26-1954167
Christopher Dana Stanley	Chief compliance officer	1 Jul 2013	Other	5521175
Howard Hoa Lee	Chief operating officer	1 Jul 2013	Other	4640471
Deborah Daphne Djeu	Chief compliance officer	1 Oct 2015	Other	2530202

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Arcadia Loring Ward Llc	Shareholder	1 Aug 2008	50% - 75%	95- 2150410
Eli Reinhard	Shareholder	1 Jan 2009	50% - 75%	5511030

Based in San Jose

The principal office where The Wealth Management Alliance LLC performs its advisory services is located at 10 Almaden Blvd., San Jose, CA 95113, which is also the mailing address of the firm. An additional office of the firm is in Mt. Pleasant, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (800) 366-7266. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at charlestoninvestmentadvisors.com.