Wright Private Asset Management LLC is a related adviser based in Shelton. It manages $49.62 million of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Connecticut, and Florida.
Wright Private Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Wright Private Asset Management LLC is $49.62 million. The firm's AUM has gone down by -77% since the beginning of its operation, and $4.68 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wright Private Asset Management LLC for their services and products based on a percentage of assets under management 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 Wright Private Asset Management is high net worth individuals with 11 clients and $25.72 million of assets under management. Among the 2 most similar advisory firms, Wright Private Asset Management has the lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $35.46 million for 44 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.
Wright Private Asset Management doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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 Wright Private Asset Management LLC performs its advisory services is located at 2 Corporate Drive, Shelton, CT 06484, which is also the mailing address of the firm. An additional office of the firm is in Torrington, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-783-4400 or by fax 203-783-4401. The normal business hours are 8:30am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at wrightinvestorsservice.com.