Forefront Wealth Management Inc. is a large advisory firm based in Berwyn. It manages $118.75 million of regulatory assets for 371 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida and Pennsylvania.
Forefront Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Forefront Wealth Management Inc. is $118.75 million. 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 advisory firm has several streams of revenue. Clients pay Forefront Wealth Management 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Carl Alan Schultz is high net worth individuals with 41 clients and $97.53 million of assets under management. Among the 10 most similar advisory firms, Forefront Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $118.75 million for 110 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.
Forefront Wealth Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 75 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.
Carl Alan Schultz has been acting as President since 1 Sep 2018. Alexander Konstantinovich Chernukha joined the executive team most recently as the Chief Compliance Officer.
The principal office where Forefront Wealth Management Inc. performs its advisory services is located at 1000 Chesterbrook Blvd, Berwyn, PA 19312, 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 610-600-1099 or by fax 610-600-1098. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at 4frontwm.com.