John F Suby Wealth Management LLC (Madison)

Name: John F Suby Wealth Management LLC
Address: 2901 West Beltline Hwy, Madison, WI, 53713
Telephone: 608-273-3100

John F Suby Wealth Management LLC is a large advisory firm based in Madison. It manages $678.32 million of regulatory assets for 313 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Connecticut, and 5 other states.

John F Suby Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

John F Suby Wealth Management: assets under management

The assets under management (AUM) of John F Suby Wealth Management LLC is $678.32 million. The firm's AUM has grown by 1020% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $648.71 million in discretionary accounts and $29.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.23 million.

John F Suby Wealth Management has custody of $236.68 million in cash and securities for 269 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in investment and business development companies form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay John F Suby Wealth Management LLC 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.

What kind of clients John F Suby Wealth Management 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 John F Suby Wealth Management is corporations or other businesses with 5 clients and $366.66 million of assets under management. Among the 7 most similar advisory firms, John F Suby Wealth Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $678.32 million for 312 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.

John F Suby Wealth Management doesn't advise any private funds.

Careers at John F Suby Wealth Management LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John F Suby & Associates S.C.	Managing member	1 Jun 2009	75% - 100%	27-0420681
Ann Louise Krumholz	Chief compliance officer	1 Jul 2009	Other	2428297
Ann Louise Piazza	Chief compliance officer	1 Jul 2009	Other	2428297
Cyla Sue Fromm Minett	Chief compliance officer	1 Jun 2017	Other	2383836

Based in Madison

The principal office where John F Suby Wealth Management LLC performs its advisory services is located at 2901 West Beltline Hwy, Madison, WI 53713, 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 608-273-3100. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at jfswealthmanagement.com.