Wilshire Associates Incorporated (Santa Monica)

Name: Wilshire Associates Incorporated
Address: 1299 Ocean Avenue Suite 700, Santa Monica, CA, 90401 1085
Telephone: 310-451-3051

Wilshire Associates Incorporated is a large advisory firm based in Santa Monica. It manages $60.78 billion of regulatory assets for 267,523 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 44 other states.

Wilshire Associates Incorporated provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and investment technology (computerized research) services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wilshire Associates Incorporated: assets under management

The assets under management (AUM) of Wilshire Associates Incorporated is $60.78 billion. The firm's AUM has grown by 759% since the beginning of its operation, and $2.12 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $60.48 billion in discretionary accounts and $303.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $226.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $303.39 million.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wilshire Associates Incorporated for their services and products based on a percentage of assets under management, subscription fees, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joshua Moses Emanuel serves?

The firm provides services to individuals, insurance companies, investment companies, other investment advisers, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Joshua Moses Emanuel is individuals with 238,559 clients and $30.15 billion of assets under management. Among the 8 most similar advisory firms, Wilshire Associates Incorporated has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $60.78 billion for 267,542 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Wilshire Associates Incorporated also advises several private funds. Namely, seventeen hedge funds, five other private funds, and forty six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Wilshire Associates Incorporated

The company employs 270 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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.

Joshua Moses Emanuel has been acting as President since 1 Aug 2016. William Eric Van Eesteren joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis Anthony Tito	Director & chief executive officer	1 Feb 1972	50% - 75%	447344
Alan Lawrence Manning	Chief legal officer	1 Jun 1984	Other	1209408
Robert John Raab	Director	1 Jan 1990	Other	1100389
Thomas Dellwyn Stevens	Director	1 Jan 1990	Other	1377788
Stephen Lane Nesbitt	Director	1 Sep 1990	Other	1941499
Rosalind Margaret Hewsenian	Director	1 Mar 1991	Other	2302664
Robert Charles Kuberek	Director	1 Mar 1991	Other	2302665
Howard Tamotsu Yata	Director	1 Mar 1991	Other	2302666
Cecilia Infee Loo	Director & president of wilshire analytics	1 Aug 1993	Other	2428491
Alan Lawrence Manning	Chief legal officer & chief compliance officer	1 Aug 1993	Other	1209408
San Olivia Slawson	Principal financial officer & chief operations officer	1 Aug 1993	Other	1110908
Hal William Reynolds	Director	1 Jan 2000	Other	xxx-xx-xxxx
Julia Kathleen Bonafede	Director	1 Mar 2003	Other	2611534
Thomas Kevin Lynch	Director	1 Mar 2003	Other	1595142
Michael Joseph Jr Napoli	Director	1 Mar 2004	Other	1267378
Joseph Richard Conway	Chief compliance officer	1 Aug 2004	Other	1666588
Lawrence Eugene Davanzo	Director	1 Jan 2005	Other	1086255
Alan Lawrence Manning	Chief compliance officer	1 Mar 2005	Other	1209408
Robert Charles Kuberek	Director & chief financial officer	1 May 2005	Other	2302665
San Slawson	Chief compliance officer	1 May 2005	Other	1110908
San Olivia Slawson	Chief compliance officer	1 May 2005	Other	1110908
Daniel Earle Allen	Director	1 Mar 2007	Other	5313660
William George Bensur	Director	1 Mar 2007	Other	1076276
Jeffrey Lake Ennis	Director	1 Oct 2007	Other	4500612
Lawrence Eugene Davanzo	Director & president of wai	1 Oct 2007	Other	1086255
David Lisle Hall	Director	1 Mar 2008	Other	726098
Peter George Matheos	Director	1 Mar 2008	Other	5512411
Michael Joseph Wauters	Chief financial officer	1 May 2008	Other	6932277
John Clell Hindman	Chief financial officer	1 Jul 2008	Other	5587057
John Clell Hindman	Director & chief financial officer	1 Aug 2008	Other	5587057
Reena Shukla Lalji	General counsel	1 Jan 2009	Other	6129854
Aaron Webster Lee Eubanks	Chief compliance officer	1 Jan 2009	Other	2812901
Reena S. Lalji	General counsel	1 Jan 2009	Other	6129854
Kevin P. Nee	President of wilshire private markets	1 Jun 2009	Other	4454789
Kevin Patrick Nee	Director & president of wilshire private markets	1 Jun 2009	Other	4454789
Julia Kathleen Bonafede	Director & president of wilshire consulting	1 Jan 2010	Other	2611534
Jamie Burgener Ohl	President of wilshire funds management	1 Jan 2011	Other	2683503
Mark Hansen	Director & president of wilshire analytics	1 Mar 2012	Other	4627498
Mark Christopher Hansen	Director & president of wilshire analytics	1 Mar 2012	Other	4627498
John Clell Hindman	Director & vice chairman/president wilshire associates incorporated	1 Apr 2012	Other	5587057
Victor S. Zhang	Director & president of wilshire funds management	1 Oct 2012	Other	4871955
Victor Sheng Zhang	Director & president of wilshire funds management	1 Oct 2012	Other	4871955
Bendukai Edward Bouey	Chief compliance officer	1 Nov 2012	Other	2288174
Benkai E H Bouey	Chief compliance officer	1 Nov 2012	Other	2288174
Jason A Schwarz	Director & president wilshire funds management	1 Jan 2014	Other	5067865
Karl Beinkampen	Director & president of wilshire private markets	1 Oct 2014	Other	2067703
Andrew Hastings Junkin	Director & president of wilshire consulting	1 Jun 2015	Other	2159756
Joshua Moses Emanuel	Director	1 Aug 2016	Other	5815995
Mark E. Brubaker	Director	1 Aug 2016	Other	5839633
William Eric Van Eesteren	Director	1 May 2018	Other	6954976

Based in Santa Monica

The principal office where Wilshire Associates Incorporated performs its advisory services is located at 1299 Ocean Avenue Suite 700, Santa Monica, CA 90401 1085, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-451-3051. The normal business hours are 8 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wilshire.com.