Stoker Ostler Wealth Advisors, Inc. (Scottsdale)

Name: Stoker Ostler Wealth Advisors, Inc.
Address: 4900 N. Scottsdale Road, Scottsdale, AZ, 85251
Telephone: 480-890-8088

Stoker Ostler Wealth Advisors, Inc. is a large advisory firm based in Scottsdale. It manages $1.29 billion of regulatory assets for 2,697 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Stoker Ostler Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Stoker Ostler Wealth Advisors: assets under management

The assets under management (AUM) of Stoker Ostler Wealth Advisors, Inc. is $1.29 billion. The firm's AUM has grown by 64% since the beginning of its operation, and $6.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.25 billion in discretionary accounts and $35.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $492.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $228.95 thousand.

Stoker Ostler Wealth Advisors has custody of $320.1 million in cash and securities for 113 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in state and local bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stoker Ostler Wealth Advisors, Inc. 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.

What kind of clients Wallace William Harris serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Wallace William Harris is high net worth individuals with 400 clients and $1.06 billion of assets under management. Among the 12 most similar advisory firms, Stoker Ostler Wealth Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.29 billion for 824 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.

Stoker Ostler Wealth Advisors doesn't advise any private funds.

Careers at Stoker Ostler Wealth Advisors, Inc.

The company employs 19 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Wallace William Harris has been acting as President since 1 Aug 2019. Stephanie Ann Lake joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Creg Donald Ostler	Managing partner	1 Jun 1997	25% - 50%	1038819
Philip Mark Stoker	Managing partner	1 Jun 1997	25% - 50%	708343
Michelle Lee Decker	Chief compliance officer	1 Oct 2004	Other	4557634
Michael Scott Bolar	Chief investment officer and portfolio manager	1 Jan 2006	Other	1724625
Michael Craig Halls	Chief financial officer and portfolio manager	1 Jan 2006	Other	2598955
April May Ward	Managing director and financial advisor	1 Jan 2006	Other	2801235
Mike Scott Bolar	Senior portfolio manager	1 Jan 2006	Other	1724625
Bmo Financial Corp	Sole owner	1 Sep 2009	75% - 100%	51-0275712
Carol Peka Flick	Cfo	1 Sep 2009	Other	4615183
Harris Ria Holdings	Sole owner	1 Sep 2009	75% - 100%	270036997
Cecily Marie Mistarz	Board member	1 Sep 2009	Other	4938679
Joann Anthony Pantelis	Chief compliance officer	1 Sep 2009	Other	2329756
Steven Paul Matteucci	Chairman	1 Sep 2009	Other	4836617
Patrick Joseph Murphy	Tax	1 Sep 2009	Other	4615190
Harris Financial Corp	Sole owner	1 Sep 2009	75% - 100%	51-0275712
Terry A Jenkins	Board member	1 May 2010	Other	4847869
Angela Marie Palmer	Chief compliance officer	1 Jan 2013	Other	4915568
Michelle Lee Decker	Chief operating officer and board member	1 Sep 2013	Other	4557634
Matthew Harold Miller	Board member and chairman	1 Mar 2014	Other	3190163
Aaron Young	Board member	1 Mar 2014	Other	6319039
Jerrold Gonzalez Mauricio	Chief compliance officer	1 Mar 2014	Other	3175743
William John Haldane	Chief compliance officer	1 Mar 2014	Other	6314694
Yannick Jean Francois Archambault	Board member	1 Oct 2014	Other	4847877
Dragan Lazich	Chief compliance officer	1 Jan 2015	Other	3236948
Cheryle Ann Wittert	Board member	1 Jul 2016	Other	6768328
Stephanie Ann Lake	Chief financial officer	1 Dec 2016	Other	5845009
Charles M Cassinelli	Board member	1 Dec 2016	Other	4390487
Wallace William Harris	Director	1 Aug 2019	Other	5828561

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bank Of Montreal	Sole owner	1 Sep 1989	75% - 100%	13-4941092
Harris Financial Corp	Sole owner	1 Nov 2002	75% - 100%	51-0275712
Inc Harris Ria Holdings	Sole owner	1 Jan 2003	75% - 100%	27-0036997

Based in Scottsdale

The principal office where Stoker Ostler Wealth Advisors, Inc. performs its advisory services is located at 4900 N. Scottsdale Road, Scottsdale, AZ 85251, which is also the mailing address of the firm. An additional office of the firm is in Salt Lake City, UT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-890-8088 or by fax 480-890-8770. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at stokerostler.com.