Irvine Wealth Planning Strategies, LLC (Corning)

Name: Irvine Wealth Planning Strategies, LLC
Address: 10 East Market Street, Corning, NY, 14830
Telephone: 607-438-2761

Irvine Wealth Planning Strategies, LLC is a mid-sized advisory firm based in Corning. It manages $30.97 million of regulatory assets for 266 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Massachusetts, New York, and 4 other states.

Irvine Wealth Planning Strategies provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, educational seminars and workshops, and tax preparation. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Irvine Wealth Planning Strategies: assets under management

The assets under management (AUM) of Irvine Wealth Planning Strategies, LLC is $30.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $116.44 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 47% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% 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 Irvine Wealth Planning Strategies, 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 Irvine Wealth Planning Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Irvine Wealth Planning Strategies is individuals with 102 clients and $17.51 million of assets under management. Among the 2 most similar advisory firms, Irvine Wealth Planning Strategies has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $30.97 million for 129 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.

Irvine Wealth Planning Strategies doesn't advise any private funds.

Careers at Irvine Wealth Planning Strategies, LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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
Amy Elizabeth Irvine	Principal, cco	1 May 2016	75% - 100%	4868740

Based in Corning

The principal office where Irvine Wealth Planning Strategies, LLC performs its advisory services is located at 10 East Market Street, Corning, NY 14830, which is also the mailing address of the firm. An additional office of the firm is in Avoca, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 607-438-2761. The normal business hours are by appointmet on Monday - Friday. You can find more information about the New York firm at irvineadvise.com/.