Integris Wealth Management, LLC (Monterey)

Name: Integris Wealth Management, LLC
Address: 456 Washington Street, Monterey, CA, 93940
Telephone: 831-333-1717

Integris Wealth Management, LLC is a large advisory firm based in Monterey. It manages $322.78 million of regulatory assets for 641 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of California.

Integris Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Integris Wealth Management: assets under management

The assets under management (AUM) of Integris Wealth Management, LLC is $322.78 million. The firm's AUM has grown by 699% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $301.16 million in discretionary accounts and $21.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $512.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $408.08 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Integris Wealth Management, LLC 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 Integris Wealth Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Integris Wealth Management is high net worth individuals with 132 clients and $312.16 million of assets under management. Among the 9 most similar advisory firms, Integris Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $320.76 million for 162 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.

Integris Wealth Management doesn't advise any private funds.

Careers at Integris Wealth Management, LLC

The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 6 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
Michael Aaron Leavy	Member/cio	1 Jan 2006	25% - 50%	2355672
Gifford Robert Lehman	Member/ceo	1 Feb 2006	50% - 75%	2059031
Michael Aaron Leavy	Member/cio	1 Feb 2006	25% - 50%	2355672
Douglas Mckenzie Roesser	Wealth manager	1 Apr 2008	Other	4132568
Kevin Reid Mahoney	Member/cco	1 Jun 2010	Other	2843190
Kevin Reid Mahoney	Member/advisor/cco	1 Jan 2012	Other	2843190
Allison Mosher Barrientos	Member/advisor	1 Jan 2017	Other	6091252

Based in Monterey

The principal office where Integris Wealth Management, LLC performs its advisory services is located at 456 Washington Street, Monterey, CA 93940, 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 831-333-1717 or by fax 831-333-1713. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at integriswealth.com.