Waterford Advisors, LLC is a large advisory firm based in Williamsville. It manages $265.81 million of regulatory assets for 609 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, New York, and Texas.
Waterford Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and advice on matters not involving securities. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Waterford Advisors, LLC is $265.81 million. The firm's AUM has grown by 336% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Waterford Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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, and pension and profit sharing plans. The largest group of clients of Waterford Advisors is high net worth individuals with 73 clients and $203.49 million of assets under management. Among the 8 most similar advisory firms, Waterford Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $265.81 million for 234 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.
Waterford Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Waterford Advisors, LLC performs its advisory services is located at 6225 Sheridan Drive, Williamsville, NY 14221 5806, 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 716-580-3906 or by fax 716-580-3913. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at waterfordadv.com/.