Vestory, LLC (Bellevue)

Name: Vestory, LLC
Address: 2821 Northup Way, Bellevue, WA, 98004
Telephone: 800-386-3004

Vestory, LLC is a large advisory firm based in Bellevue. It manages $381.24 million of regulatory assets for 1,878 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.

Vestory provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vestory: assets under management

The assets under management (AUM) of Vestory, LLC is $381.24 million. The firm's AUM has grown by 12804% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $360.2 million in discretionary accounts and $21.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $193.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.4 million.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is government bonds, which make up 31% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vestory, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Vestory serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Vestory is individuals with 555 clients and $209.52 million of assets under management. Among the 9 most similar advisory firms, Vestory has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $381.24 million for 650 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Vestory doesn't advise any private funds.

Careers at Vestory, LLC

The company employs 14 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 8 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
Thomas C Cock	Managing member, principal and chief compliance officer	1 Sep 2009	50% - 75%	4345448
Donald Anderson Mcdonald	Member and principal	1 Sep 2009	Other	1141451
Thomas Charles Cock	Managing member, principal and chief compliance officer	1 Sep 2009	50% - 75%	4345448
William B. Higgins	Partner	1 Jun 2014	Other	6158964
William B Higgins	Partner	1 Jun 2014	Other	6158964
William Higgins	Member	1 Jun 2014	Other	6158964
Kim Maureen Miller	Member	1 Jan 2016	Other	4488984

Based in Bellevue

The principal office where Vestory, LLC performs its advisory services is located at 2821 Northup Way, Bellevue, WA 98004, 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 800-386-3004 or by fax 425-669-9952. The normal business hours are 7:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at vestory.com.