Spectrum Wealth Advisory Group, LLC is a large advisory firm based in Granite Bay. It manages $128 million of regulatory assets for 795 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Florida, Texas, and Washington.
Spectrum Wealth Advisory Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. 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 Spectrum Wealth Advisory Group, LLC is $128 million. The firm's AUM has grown by 0% since the beginning of its operation, and $180 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Spectrum Wealth Advisory Group, 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.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Spectrum Wealth Advisory Group is high net worth individuals with 60 clients and $75.85 million of assets under management. Among the 8 most similar advisory firms, Spectrum Wealth Advisory Group has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $128 million for 271 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.
Spectrum Wealth Advisory Group doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Spectrum Wealth Advisory Group, LLC performs its advisory services is located at 5925 Granite Lake Drive, Granite Bay, CA 95746, 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 (916) 772-5970. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at spectrumw.com.