Wealth Management Consultants Inc (Denver)

Name: Wealth Management Consultants Inc
Address: 1600 Broadway, Denver, CO, 80202
Telephone: 303-292-9224

Wealth Management Consultants Inc is a related adviser based in Denver. It manages $63.01 million of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Colorado.

Wealth Management Consultants provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealth Management Consultants: assets under management

The assets under management (AUM) of Wealth Management Consultants Inc is $63.01 million. The firm's AUM has gone down by -66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.06 million in discretionary accounts and $47.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $886.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $841.18 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 42% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Management Consultants Inc 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 Thomas Zanecchia serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Thomas Zanecchia is high net worth individuals with 73 clients and $57.77 million of assets under management. Among the 1 most similar advisory firms, Wealth Management Consultants has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $63.01 million for 74 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.

Wealth Management Consultants doesn't advise any private funds.

Careers at Wealth Management Consultants Inc

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 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.

Thomas Zanecchia has been acting as President since 1 May 1993. Thomas Edward Zanecchia joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Edward Zanecchia	President and chief compliance officer	1 May 1993	75% - 100%	2278977
Thomas Zanecchia	President	1 May 1993	75% - 100%	2278977

Based in Denver

The principal office where Wealth Management Consultants Inc performs its advisory services is located at 1600 Broadway, Denver, CO 80202, 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 303-292-9224 or by fax 303-292-9226. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wealth-manage.com.