Sugarloaf Wealth Management, LLC (Duluth)

Sugarloaf Wealth Management, LLC is a large advisory firm based in Duluth. It manages $323.94 million of regulatory assets for 880 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 4 other states.

Sugarloaf Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sugarloaf Wealth Management: assets under management

The assets under management (AUM) of Sugarloaf Wealth Management, LLC is $323.94 million. The firm's AUM has grown by 422% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $263.36 million in discretionary accounts and $60.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $306.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.88 million.

Sugarloaf Wealth Management has custody of $3.39 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in other assets form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sugarloaf Wealth Management, LLC 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 Sugarloaf Wealth Management 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 Sugarloaf Wealth Management is high net worth individuals with 164 clients and $185.28 million of assets under management. Among the 13 most similar advisory firms, Sugarloaf Wealth Management has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $323.94 million for 428 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.

Sugarloaf Wealth Management doesn't advise any private funds.

Careers at Sugarloaf Wealth Management, LLC

The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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

Based in Duluth

The principal office where Sugarloaf Wealth Management, LLC performs its advisory services is located at 2736 Meadow Church Rd., Duluth, GA 30097 5236, which is also the mailing address of the firm. An additional office of the firm is in Snellville, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 770.985.5473 or by fax 770.972.0534. 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 swmllc.com and its LinkedIn profile.

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