Sage Stone Wealth Management LLC (La Jolla)

Name: Sage Stone Wealth Management LLC
Address: 7946 Ivanhoe Avenue, La Jolla, CA, 92037
Telephone: 858-412-6404

Sage Stone Wealth Management LLC is a large advisory firm based in La Jolla. It manages $127.55 million of regulatory assets for 278 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

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

Sage Stone Wealth Management: assets under management

The assets under management (AUM) of Sage Stone Wealth Management LLC is $127.55 million. The firm's AUM has grown by 18% since the beginning of its operation, and $1.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $124.09 million in discretionary accounts and $3.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $459.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $432.31 thousand.

Sage Stone Wealth Management has custody of $129.89 million in cash and securities for 70 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 35% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sage Stone Wealth Management LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Mary Naber King serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mary Naber King is high net worth individuals with 33 clients and $110.32 million of assets under management. Among the 10 most similar advisory firms, Sage Stone Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $127.55 million for 70 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Sage Stone Wealth Management doesn't advise any private funds.

Careers at Sage Stone Wealth Management LLC

The company employs 3 people that are either part- or full-time employees. 67 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.

Mary Naber King has been acting as President since 1 Nov 2010. Roy Michael Lopez joined the executive team most recently as the Vice President Of Financial Analytics And Operations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mary Naber King	Managing member/chief compliance officer/president	1 Nov 2010	75% - 100%	4517803
Roy Michael Lopez	Vice president of financial analytics and operations	1 Nov 2010	Other	4156902

Based in La Jolla

The principal office where Sage Stone Wealth Management LLC performs its advisory services is located at 7946 Ivanhoe Avenue, La Jolla, CA 92037, which is also the mailing address of the firm. An additional office of the firm is in Solana Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 858-412-6404 or by fax 858-605-9608. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at sagestonewealth.com.