Vergepointe Wealth Management, LLC is a large advisory firm based in Lake Oswego. It manages $175.42 million of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Oregon, and Washington.
Vergepointe Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.
The assets under management (AUM) of Vergepointe Wealth Management, LLC is $175.42 million. The firm's AUM has grown by 122% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Vergepointe 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.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Vergepointe Wealth Management is high net worth individuals with 45 clients and $104.39 million of assets under management. Among the 8 most similar advisory firms, Vergepointe Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $170.84 million for 74 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.
Vergepointe Wealth Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Vergepointe Wealth Management, LLC performs its advisory services is located at 5285 Meadows Road, Lake Oswego, OR 97035, 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 503-684-0100 or by fax 503-684-0102. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at vergepointe.com/.