Kondo Wealth Advisors, Inc is a large advisory firm based in Pasadena. It manages $163.04 million of regulatory assets for 973 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Hawaii.
Kondo Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and institutional intelligent portfolios (robo services). It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kondo Wealth Advisors, Inc is $163.04 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Kondo Wealth Advisors, Inc 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Alan Tadashi Kondo is individuals with 303 clients and $96.41 million of assets under management. Among the 10 most similar advisory firms, Kondo Wealth Advisors has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $160.68 million for 351 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.
Kondo Wealth Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 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.
Alan Tadashi Kondo has been acting as President since 1 Jan 2016. Akemi Kondo Dalvi joined the executive team most recently as the Chief Executive Officer & Chief Compliance Officer.
The principal office where Kondo Wealth Advisors, Inc performs its advisory services is located at 300 N Lake Ave., Pasadena, CA 91101, which is also the mailing address of the firm. An additional office of the firm is in Torrance, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 626-449-7783 or by fax 626-449-7785. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at kondowealthadvisors.com.