Valuewealth Services, LLC (Annapolis)

Name: Valuewealth Services, LLC
Address: 2444 Solomons Island Rd Suite 212, Annapolis, MD, 21401
Telephone: 410-286-9230

Valuewealth Services, LLC is a large advisory firm based in Annapolis. It manages $125 million of regulatory assets for 566 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Florida, Maryland, Ohio, and Virginia.

Valuewealth Services provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Valuewealth Services: assets under management

The assets under management (AUM) of Valuewealth Services, LLC is $125 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 firm manages $98 million in discretionary accounts and $27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $187.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $613.64 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Valuewealth Services, 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 Valuewealth Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Valuewealth Services is high net worth individuals with 40 clients and $75 million of assets under management. Among the 12 most similar advisory firms, Valuewealth Services has the 6th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $125 million for 566 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.

Valuewealth Services doesn't advise any private funds.

Careers at Valuewealth Services, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Peter Stuart Wyrough	Ceo, founder, cco	1 Apr 2004	75% - 100%	1291706

Based in Annapolis

The principal office where Valuewealth Services, LLC performs its advisory services is located at 2444 Solomons Island Rd Suite 212, Annapolis, MD 21401, 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 410-286-9230. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at valuewealthservices.com.