Wbi Investments Inc. is a large advisory firm based in Red Bank. It manages $1.27 billion of regulatory assets for 4,228 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Wbi Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, market timing services, and educational seminars and workshops. 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 Wbi Investments Inc. is $1.27 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 392% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Wbi Investments Inc. for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Matthew Earl Schreiber is individuals with 4,089 clients and $782.91 million of assets under management. Among the 8 most similar advisory firms, Wbi Investments has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.27 billion for 4,228 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.
Wbi Investments doesn't advise any private funds.
The company employs 42 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 21 employees are registered as investment adviser representatives with the state securities authorities.
There are 22 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 receive compensation from other entities for client referrals.
Matthew Earl Schreiber has been acting as President since 1 May 2013. Alyson Renee Kest joined the executive team most recently as the Chief Compliance Officer & Counsel.
The principal office where Wbi Investments Inc. performs its advisory services is located at One River Centre 331 Newman Springs Road, Red Bank, NJ 07701, 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 732-842-4920 or by fax 732-842-8049. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at wbiinvestments.com.