Ventur Wealth Management, LLC (Locust Valley)

Ventur Wealth Management, LLC is a large advisory firm based in Locust Valley. It manages $27.16 million of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Connecticut, Delaware, and 5 other states.

Ventur Wealth Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ventur Wealth Management: assets under management

The assets under management (AUM) of Ventur Wealth Management, LLC is $27.16 million. The firm's AUM has grown by 99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.08 million in discretionary accounts and $8.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $212.01 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.02 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ventur Wealth Management, 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.

Careers at Ventur Wealth Management, LLC

Peter Philip Debuona has been acting as President since 1 Jun 2002. James J Castro joined the executive team most recently as the Vice President/Chief Administrative Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Diane Ventur Finnerty	Chairperson	1 Jun 2002	75% - 100%	2762263
Patricia Ann Evelyn	Vice president	1 Jun 2002	Other	3100502
Peter Philip Debuona	President	1 Jun 2002	Other	1452927
George N Graf	Senior vice president	1 Aug 2002	Other	4608658
George Nicholas Graf	Senior vice president	1 Aug 2002	Other	4608658
James J Castro	Vice president/chief administrative officer	1 Nov 2002	Other	4608660

Based in Locust Valley

The principal office where Ventur Wealth Management, LLC performs its advisory services is located at 27 The Plaza, Locust Valley, NY 11560, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.