Wick Capital Partners, LLC (Philadelphia)


Wick Capital Partners, LLC is a large advisory firm based in Philadelphia. It manages $111.13 million of regulatory assets for 310 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Maryland, New Jersey, Pennsylvania, and Texas.

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

Wick Capital Partners: assets under management

The assets under management (AUM) of Wick Capital Partners, LLC is $111.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $111.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $358.48 thousand each.
Wick Capital Partners has custody of $9.93 million in cash and securities for 16 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 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wick Capital Partners, 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 Wick Capital Partners serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wick Capital Partners is high net worth individuals with 31 clients and $66.36 million of assets under management. Among the 9 most similar advisory firms, Wick Capital Partners has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.47 million for 85 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.

Wick Capital Partners doesn't advise any private funds.

Careers at Wick Capital Partners, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Llc Wick Management Managing member 1 Oct 2018 75% - 100% 82-3223554
Christopher Joseph Topolewski Cco 1 Oct 2018 Other 4557469

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Giordano Member 1 Oct 2018 25% - 50% 7036562
Gregory Montanaro Member 1 Oct 2018 25% - 50% 7036564
Llc Grace Winston Member 1 Oct 2018 25% - 50% 82-4772695
Edward Topolewski Member 1 Oct 2018 50% - 75% 7036565

Based in Philadelphia

The principal office where Wick Capital Partners, LLC performs its advisory services is located at 123 South Broad Street, Philadelphia, PA 19109, which is also the mailing address of the firm. An additional office of the firm is in Reisterstown, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-302-3535 or by fax 215-302-3536. The normal business hours are 9:00am to 5:00pm on Monday - Friday.