Interwealth Management, LLC (Scottsdale)

Name: Interwealth Management, LLC
Address: 8585 E Hartford Dr, Scottsdale, AZ, 85255
Telephone: 480-397-2691

Interwealth Management, LLC is a large advisory firm based in Scottsdale. It manages $110 million of regulatory assets for 250 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of California.

Interwealth Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Interwealth Management: assets under management

The assets under management (AUM) of Interwealth Management, LLC is $110 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 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Interwealth Management, LLC for their services and products based on a percentage of assets under management. 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 Interwealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Interwealth Management is individuals with 250 clients and $90 million of assets under management. Among the 10 most similar advisory firms, Interwealth Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $110 million for 250 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.

Interwealth Management doesn't advise any private funds.

Careers at Interwealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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

Name	Entity	Date acquired	Ownership	Employer ID
Denis J Ryan	Managing director	1 Jan 2011	75% - 100%	2087246
Whitney Anne Hodgeson	Relationship mananger	1 Feb 2016	Other	6450969
Garrett Ryan	Cco	1 Jan 2019	Other	6838657

Based in Scottsdale

The principal office where Interwealth Management, LLC performs its advisory services is located at 8585 E Hartford Dr, Scottsdale, AZ 85255, 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 480-397-2691. The normal business hours are 7:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at interwealthmgt.com.