Kiley Juergens Wealth Management, LLC (Olympia)

Name: Kiley Juergens Wealth Management, LLC
Address: 2409 Pacific Ave Se, Olympia, WA, 98501
Telephone: 360-350-4747

Kiley Juergens Wealth Management, LLC is a large advisory firm based in Olympia. It manages $591.89 million of regulatory assets for 3,332 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Idaho, and 6 other states.

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

Kiley Juergens Wealth Management: assets under management

The assets under management (AUM) of Kiley Juergens Wealth Management, LLC is $591.89 million. The firm's AUM has grown by 352% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $501.19 million in discretionary accounts and $90.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $703.06 thousand.

Kiley Juergens Wealth Management has custody of $182.54 million in cash and securities for 960 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kiley Juergens Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kiley Juergens Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Kiley Juergens Wealth Management is individuals with 1,633 clients and $289.65 million of assets under management. Among the 9 most similar advisory firms, Kiley Juergens Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $591.89 million for 1,802 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.

Kiley Juergens Wealth Management doesn't advise any private funds.

Careers at Kiley Juergens Wealth Management, LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin Edwin Juergens	Member, chief executive officer, chief compliance officer	1 Jul 2009	50% - 75%	4604990
John Francis Kiley	Member, president	1 Jul 2009	50% - 75%	2343432

Based in Olympia

The principal office where Kiley Juergens Wealth Management, LLC performs its advisory services is located at 2409 Pacific Ave Se, Olympia, WA 98501, 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 360-350-4747 or by fax 360-350-4744. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kj-wm.com.