Family Wealth Consultants, Inc. (San Jose)


Family Wealth Consultants, Inc. is an adviser based in San Jose. It manages $70.65 million of regulatory assets for 121 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of California.

Family Wealth Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Family Wealth Consultants: assets under management

The assets under management (AUM) of Family Wealth Consultants, Inc. is $70.65 million. The firm's AUM has gone down by -19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.72 million in discretionary accounts and $65.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.72 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $549.44 thousand.
Family Wealth Consultants has custody of $4.72 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Family Wealth Consultants, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Family Wealth Consultants, Inc.

Craig Lee Martin has been acting as President since 1 Sep 2003. Clayton Joseph Klein joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Clayton Joseph Klein President 1 Oct 1998 50% - 75% 1012100
Peggy Dessert Martin Vice president 1 Oct 1998 50% - 75% 3004511
Craig Lee Martin President 1 Sep 2003 75% - 100% 1021669

Based in San Jose

The principal office where Family Wealth Consultants, Inc. performs its advisory services is located at 25 Metro Drive, San Jose, CA 95110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 408-453-2222 or by fax 408-453-6065. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.fwcg.net.

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