Iwp Wealth Pca LLC (Denver)

Iwp Wealth Pca LLC is a large advisory firm based in Denver. It manages $245.7 million of regulatory assets for 80 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Colorado.

Iwp Wealth Pca provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Iwp Wealth Pca: assets under management

The assets under management (AUM) of Iwp Wealth Pca LLC is $245.7 million. The firm's AUM has grown by 670% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $137.81 million in discretionary accounts and $107.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.15 million.

Iwp Wealth Pca has custody of $72.28 million in cash and securities for 70 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 35% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Iwp Wealth Pca LLC for their services and products based on 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.

What kind of clients Iwp Wealth Pca serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Iwp Wealth Pca is high net worth individuals with 54 clients and $221.4 million of assets under management. Among the 8 most similar advisory firms, Iwp Wealth Pca has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $244.68 million for 79 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.

Iwp Wealth Pca doesn't advise any private funds.

Careers at Iwp Wealth Pca LLC

The company employs 16 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 7 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.

Iwp Wealth Pca LLC is owned by Jeff Lawrence Andrews. Jaye Everland joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Iwp Wealth Investors Llc	Owner	1 Jun 2013	50% - 75%	46-3137551
Iwp Wealth Management Llc	Owner	1 Jun 2013	50% - 75%	136314
John Walton Simmons	Chief compliance officer, chief operating officer	1 Jun 2013	Other	2106286
Jeff Lawrence Andrews	Owner	1 Jul 2013	Other	4397950
Kevin Michael Mccabe	Principal & manager	1 Jun 2014	Other	2048590
Charles Alexander Willhoit	Chief compliance officer, owner	1 Jun 2014	Other	2773302
Jaye Everland	Partner	1 Jan 2017	Other	5421431

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Charles Alexander Willhoit	Owner	1 Jun 2013	50% - 75%	2773302

Based in Denver

The principal office where Iwp Wealth Pca LLC performs its advisory services is located at 2719 East Third Avenue, Denver, CO 80206 The mailing address of the firm is Po Box 61020, Denver, CO 80206. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 720-328-9702 or by fax 888-776-8193. The normal business hours are 8:30 - 17:30 on Monday - Friday.