Burnham Gibson Wealth Advisors, Inc. (Irvine)

Name: Burnham Gibson Wealth Advisors, Inc.
Address: 2050 Main Street, Irvine, CA, 92614
Telephone: 949-833-5700

Burnham Gibson Wealth Advisors, Inc. is a large advisory firm based in Irvine. It manages $1.46 billion of regulatory assets for 577 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Texas.

Burnham Gibson Wealth Advisors 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 prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Burnham Gibson Wealth Advisors: assets under management

The assets under management (AUM) of Burnham Gibson Wealth Advisors, Inc. is $1.46 billion. The firm's AUM has grown by 872% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.32 billion in discretionary accounts and $140.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.82 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $607.5 thousand.

Investments

The firm invests in pooled investment vehicles the most. They account for 93% of the total AUM. The second-largest asset type is exchange traded securities, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Burnham Gibson Wealth Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Darin Lee Gibson serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Darin Lee Gibson is pension and profit sharing plans with 78 clients and $1.1 billion of assets under management. Among the 6 most similar advisory firms, Burnham Gibson Wealth Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.46 billion for 318 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.

Burnham Gibson Wealth Advisors doesn't advise any private funds.

Careers at Burnham Gibson Wealth Advisors, Inc.

The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Darin Lee Gibson has been acting as President since 1 Nov 2015. Blake Alan Bjordahl joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Darin Lee Gibson	President	1 Nov 2015	75% - 100%	2684870
Hilary Johnson	Cco	1 Nov 2015	Other	1434580
Kristin Mauger Allison	Shareholder	1 Nov 2015	Other	733492
Kristin Leigh Allison	Shareholder	1 Nov 2015	Other	733492
Blake Alan Bjordahl	Chief compliance officer	1 Feb 2017	Other	1716189

Based in Irvine

The principal office where Burnham Gibson Wealth Advisors, Inc. performs its advisory services is located at 2050 Main Street, Irvine, CA 92614, 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 949-833-5700 or by fax 949-252-1308. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at burnhamgibson.com/ and its LinkedIn profile.