Wealth And Pension Services Group Inc. (Atlanta)

Name: Wealth And Pension Services Group Inc.
Address: 2727 Paces Ferry Rd. Se, Atlanta, GA, 30339
Telephone: (770) 333-0113

Wealth And Pension Services Group Inc. is a large advisory firm based in Atlanta. It manages $242.35 million of regulatory assets for 678 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Georgia, and 4 other states.

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

Wealth And Pension Services Group: assets under management

The assets under management (AUM) of Wealth And Pension Services Group Inc. is $242.35 million. The firm's AUM has grown by 345% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $159.21 million in discretionary accounts and $83.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $244.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.08 million.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth And Pension Services Group Inc. 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 William James Kring serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of William James Kring is pension and profit sharing plans with 27 clients and $83.14 million of assets under management. Among the 9 most similar advisory firms, Wealth And Pension Services Group has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $242.35 million for 322 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.

Wealth And Pension Services Group doesn't advise any private funds.

Careers at Wealth And Pension Services Group Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 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 receive compensation from other entities for client referrals.

William James Kring has been acting as President since 1 Aug 1999. Maryjane Margaret Lecroy joined the executive team most recently as the President/Cfo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William James Kring	President/chief compliance officer	1 Aug 1999	75% - 100%	2564876
William James Kring	Ceo/chief compliance officer	1 Jul 2018	50% - 75%	2564876
Maryjane Margaret Lecroy	President/cfo	1 Jul 2018	Other	5036227
William George Hammond	Partner	1 Jul 2018	Other	235395

Based in Atlanta

The principal office where Wealth And Pension Services Group Inc. performs its advisory services is located at 2727 Paces Ferry Rd. Se, Atlanta, GA 30339, which is also the mailing address of the firm. An additional office of the firm is in Smyrna, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (770) 333-0113 or by fax (770) 333-9557. The normal business hours are 9:00am-12:00pm; 1:00pm-5:00pm on Monday - Friday. You can find more information about the New York firm at kringfinancial.com and its LinkedIn profile.