Transparent Wealth Consulting LLC is a mid-sized advisory firm based in Lakeville. It manages $35.27 million of regulatory assets for 277 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and New York.
Transparent Wealth Consulting provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Transparent Wealth Consulting LLC is $35.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% 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 Transparent Wealth Consulting 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Transparent Wealth Consulting is individuals with 119 clients and $25.11 million of assets under management. Among the 1 most similar advisory firms, Transparent Wealth Consulting has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $35.27 million for 130 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.
Transparent Wealth Consulting doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 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 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.
Transparent Wealth Consulting LLC is owned by Colleen Fitzpatrick Knapp. Chelsea Marie Knapp joined the executive team most recently as the Advisor & Chief Compliance Officer.
The principal office where Transparent Wealth Consulting LLC performs its advisory services is located at 3031 Rochester Rd, Lakeville, NY 14480, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 585-348-3808 or by fax 585-348-2930. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.