Boulder Wealth Management, LLC (Overland Park)

Name: Boulder Wealth Management, LLC
Address: 7200 West 132 Nd Street, Overland Park, KS, 66213
Telephone: 913-944-4600

Boulder Wealth Management, LLC is a large advisory firm based in Overland Park. It manages $171.23 million of regulatory assets for 118 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Kansas, Louisiana, Missouri, Nebraska, and Texas.

Boulder Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Boulder Wealth Management: assets under management

The assets under management (AUM) of Boulder Wealth Management, LLC is $171.23 million. The firm's AUM has grown by 991% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $38.53 million in discretionary accounts and $132.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $381.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.81 million.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boulder Wealth Management, LLC 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 Boulder Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Boulder Wealth Management is pension and profit sharing plans with 17 clients and $132.7 million of assets under management. Among the 8 most similar advisory firms, Boulder Wealth Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $170.91 million for 117 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.

Boulder Wealth Management doesn't advise any private funds.

Careers at Boulder Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Paul Gerard Wiederholt	Member/chief compliance officer	1 May 2008	75% - 100%	2767140
Samuel Richard Mellinger	Ceo	1 May 2008	50% - 75%	4026218

Based in Overland Park

The principal office where Boulder Wealth Management, LLC performs its advisory services is located at 7200 West 132 Nd Street, Overland Park, KS 66213, 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 913-944-4600 or by fax 913-944-4601. The normal business hours are 8:00-4:00 m-th, 8:00 - 3:00 f on Monday - Friday. You can find more information about the New York firm at planhealthdesign.com.