Wolfson Wealth Management, LLC (Fayetteville)

Wolfson Wealth Management, LLC is a mid-sized advisory firm based in Fayetteville. It manages $51.3 million of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of New Hampshire, New York, and Texas.

Wolfson Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wolfson Wealth Management: assets under management

The assets under management (AUM) of Wolfson Wealth Management, LLC is $51.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 541% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $51.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $342 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wolfson Wealth Management, LLC 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 Wolfson Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Wolfson Wealth Management is individuals with 148 clients and $45 million of assets under management. Among the 2 most similar advisory firms, Wolfson Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $51.3 million for 150 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.

Wolfson Wealth Management doesn't advise any private funds.

Careers at Wolfson Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leslie Jay Wolfson	Managing member & chief compliance officer	1 Jun 2010	75% - 100%	1113801
Ann Isserlis Wolfson	Managing member	1 Dec 2015	75% - 100%	1070052
Robert Steven Just	Chief compliance officer	1 Dec 2015	Other	1834237

Based in Fayetteville

The principal office where Wolfson Wealth Management, LLC performs its advisory services is located at 7030 East Genesee St., Fayetteville, NY 13066, 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 (315) 449-4730 or by fax (315) 449-0325. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.