Mcalvany Wealth Management, LLC (Durango)
Mcalvany Wealth Management, LLC is a multi-state adviser based in Durango. It manages $41.9 million of regulatory assets for 239 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
Mcalvany Wealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Mcalvany Wealth Management: assets under management
The assets under management (AUM) of Mcalvany Wealth Management, LLC is $41.9 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -66% since the beginning of its operation, and $919.68 thousand of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Mcalvany Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Mcalvany Wealth Management serves?
The firm provides services to individuals and corporations or other businesses. The largest group of clients of Mcalvany Wealth Management is individuals with 232 clients and $40.37 million of assets under management. Among the 0 most similar advisory firms, Mcalvany Wealth Management has the 0th lowest percentage of individuals out of all clients.
The amount of regulatory assets under management is $41.9 million for 239 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Mcalvany Wealth Management doesn't advise any private funds.
Careers at Mcalvany Wealth Management, LLC
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There are 12 people 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
Indirect Owners
The SEC currently registers 2 indirect owners.Based in Durango
The principal office where Mcalvany Wealth Management, LLC performs its advisory services is located at 166 Turner Dr, Durango, CO 81303, 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 866-211-8970 or by fax 970-403-1209. The normal business hours are 7 am to 4 pm on Monday - Friday. You can find more information about the New York firm at mwealthm.com.
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