Sgh Wealth Management (Southfield)

Name: Sgh Wealth Management
Address: 26211 Central Park Blvd., Southfield, MI, 48076
Telephone: (248) 731-0029

Sgh Wealth Management is a large advisory firm based in Southfield. It manages $158.95 million of regulatory assets for 710 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Illinois, Michigan, and Texas.

Sgh Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sgh Wealth Management: assets under management

The assets under management (AUM) of Sgh Wealth Management is $158.95 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $223.87 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sgh Wealth Management 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 Sgh Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Sgh Wealth Management is high net worth individuals with 46 clients and $122.95 million of assets under management. Among the 8 most similar advisory firms, Sgh Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.95 million for 211 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.

Sgh Wealth Management doesn't advise any private funds.

Careers at Sgh Wealth Management

The company employs 4 people that are either part- or full-time employees. 75 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sam Gregory Huszczo	Managing member/cco	1 May 2016	75% - 100%	4677793

Based in Southfield

The principal office where Sgh Wealth Management performs its advisory services is located at 26211 Central Park Blvd., Southfield, MI 48076, 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 (248) 731-0029. The normal business hours are 9:00 to 4:00 on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/sghwm/.