Wealth Builders Inc (Little Silver)

Name: Wealth Builders Inc
Address: 34 Sycamore Ave, Little Silver, NJ, 07739
Telephone: 732-842-4920

Wealth Builders Inc is a large advisory firm based in Little Silver. It manages $258.19 million of regulatory assets for 1,428 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 18 other states.

Wealth Builders provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, security ratings or pricing services, and market timing services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealth Builders: assets under management

The assets under management (AUM) of Wealth Builders Inc is $258.19 million. The firm's AUM has grown by 150% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250.54 million in discretionary accounts and $7.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $196.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $49.06 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Builders Inc 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.

Careers at Wealth Builders Inc

Donald Robert Schreiber has been acting as President since 1 Sep 1984. Robert Confessore joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Robert Schreiber	President/ceo/secretary/treasurer	1 Sep 1984	75% - 100%	1076885
Robert Confessore	Vice-president	1 Feb 2001	Other	1156068
Gary Edward Stroik	Portfolio mgr.	1 Feb 2001	Other	2030206
Thomas Joseph Duffy	Associate planner	1 Feb 2001	Other	2552103

Based in Little Silver

The principal office where Wealth Builders Inc performs its advisory services is located at 34 Sycamore Ave, Little Silver, NJ 07739, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 732-842-4920 or by fax 732-842-8049. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.wbadvisory.com.