Vestura, LLC (Sister Bay)

Name: Vestura, LLC
Address: 10579 Country Walk Lane, Sister Bay, WI, 54234
Telephone: 920-854-3034

Vestura, LLC is a large advisory firm based in Sister Bay. It manages $129.94 million of regulatory assets for 209 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Illinois, Minnesota, and Wisconsin.

Vestura provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vestura: assets under management

The assets under management (AUM) of Vestura, LLC is $129.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 225% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $129.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $621.72 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in state and local bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vestura, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Vestura serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Vestura is high net worth individuals with 49 clients and $126.07 million of assets under management. Among the 10 most similar advisory firms, Vestura has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $129.94 million for 59 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.

Vestura doesn't advise any private funds.

Careers at Vestura, LLC

The company employs 4 people that are either part- or full-time employees. 50 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jason Douglas Perkins	Principal/chief compliance officer	1 Jan 2007	50% - 75%	2904184
Charles W Ott	Principal	1 Jan 2007	25% - 50%	5277680
Charles William Ott	Member	1 Jan 2007	25% - 50%	5277680
Nathan C Barington	Principal	1 Aug 2008	25% - 50%	4371631
Nathan C Barington	Principal	1 Sep 2008	25% - 50%	4371631

Based in Sister Bay

The principal office where Vestura, LLC performs its advisory services is located at 10579 Country Walk Lane, Sister Bay, WI 54234, which is also the mailing address of the firm. An additional office of the firm is in Greenbay, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 920-854-3034 or by fax 920-854-3036. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at vestura.net.