Earnwell, Inc (Los Angeles)

Name: Earnwell, Inc
Address: 1206 Maple Ave #214, Los Angeles, CA, 90015
Telephone: 917-573-8570

Earnwell, Inc is an internet adviser based in Los Angeles. It manages $185.21 thousand of regulatory assets for 128 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, New York, Texas, and Washington.

Earnwell provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Earnwell: assets under management

The assets under management (AUM) of Earnwell, Inc is $185.21 thousand, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $185.21 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.45 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Earnwell, Inc 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 Earnwell serves?

The only and largest group of clients of Earnwell is individuals with 128 clients and $185.21 thousand of assets under management. Among the 2 most similar advisory firms, Earnwell has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $185.21 thousand for 128 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.

Earnwell doesn't advise any private funds.

Careers at Earnwell, Inc

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Peter Allen Orr	Shareholder	1 Aug 2015	25% - 50%	6819645
Steven James Cox	Shareholder	1 Apr 2017	Other	6819646
Cecil Demorris Brown	President & chief compliance officer	1 May 2017	25% - 50%	3263469

Based in Los Angeles

The principal office where Earnwell, Inc performs its advisory services is located at 1206 Maple Ave #214, Los Angeles, CA 90015 The mailing address of the firm is 3648 Amesbury Rd, Los Angeles, CA 90027. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 917-573-8570 or by fax N/A. The normal business hours are not applicable - office visits by appointment only on Other. You can find more information about the New York firm at earnwell.co.