Weaver Consulting Group, LLC (Huntington Beach)


Weaver Consulting Group, LLC is a large advisory firm based in Huntington Beach. It manages $363.27 million of regulatory assets for 629 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Florida, and Texas.

Weaver Consulting Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Weaver Consulting Group: assets under management

The assets under management (AUM) of Weaver Consulting Group, LLC is $363.27 million. The firm's AUM has grown by 32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $362.47 million in discretionary accounts and $793.88 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $577.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $793.88 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 78% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Weaver Consulting Group, LLC for their services and products based on a percentage of assets under management 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 Weaver Consulting Group serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Weaver Consulting Group is high net worth individuals with 113 clients and $185.51 million of assets under management. Among the 10 most similar advisory firms, Weaver Consulting Group has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $360.36 million for 628 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.

Weaver Consulting Group doesn't advise any private funds.

Careers at Weaver Consulting Group, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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
Jason Michael Weaver Managing member 1 May 2017 50% - 75% 2809696
Travis John Weaver Member and chief compliance officer 1 May 2017 25% - 50% 4651960

Based in Huntington Beach

The principal office where Weaver Consulting Group, LLC performs its advisory services is located at 101 Main Street, Huntington Beach, CA 92648, 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 (714)536-4065 or by fax (714)536-2243. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at weaverconsultinggroup.com.