Wealth Creation Management & Transfer, LLC (Cherry Hill)

Name: Wealth Creation Management & Transfer, LLC
Address: 200 Lake Drive East, Cherry Hill, NJ, 08002
Telephone: 856-795-7911

Wealth Creation Management & Transfer, LLC is a large advisory firm based in Cherry Hill. It manages $145.84 million of regulatory assets for 907 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, New Hampshire, New Jersey, and 3 other states.

Wealth Creation Management & Transfer provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealth Creation Management & Transfer: assets under management

The assets under management (AUM) of Wealth Creation Management & Transfer, LLC is $145.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $145.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $160.79 thousand each.

Wealth Creation Management & Transfer has custody of $20.33 million in cash and securities for 66 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Creation Management & Transfer, LLC 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.

What kind of clients Wealth Creation Management & Transfer serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Wealth Creation Management & Transfer is high net worth individuals with 51 clients and $110.19 million of assets under management. Among the 5 most similar advisory firms, Wealth Creation Management & Transfer has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $145.84 million for 157 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.

Wealth Creation Management & Transfer doesn't advise any private funds.

Careers at Wealth Creation Management & Transfer, LLC

The company employs 6 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Jay Barnett	Managing member and chief compliance officer	1 Apr 2008	50% - 75%	1934586
Eric Matthew Feder	Managing member	1 Jan 2010	50% - 75%	2452139

Based in Cherry Hill

The principal office where Wealth Creation Management & Transfer, LLC performs its advisory services is located at 200 Lake Drive East, Cherry Hill, NJ 08002, 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 856-795-7911 or by fax 856-795-7912. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at wealthcmt.com.