Sigfig Wealth Management LLC is a large advisory firm based in San Francisco. It manages $485.14 million of regulatory assets for 12,328 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Sigfig Wealth Management provides portfolio management for individuals and small businesses and publication of newsletters. 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 Sigfig Wealth Management LLC is $485.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1370% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Sigfig Wealth Management LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Sigfig Wealth Management is individuals with 11,154 clients and $465.01 million of assets under management. Among the 11 most similar advisory firms, Sigfig Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $485.14 million for 11,168 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.
Sigfig Wealth Management doesn't advise any private funds.
The company employs 188 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. 10 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Terry E Banet has served as the Chief Investment Officer since 1 Jan 2012 and Michael Tai Sha is the Chief Executive Officer of Sigfig Wealth Management LLC family office. Amy Elizabeth Chen joined the executive team most recently as the Chief Compliance Officer.
The principal office where Sigfig Wealth Management LLC performs its advisory services is located at 560 Davis Street, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in Phoenix, AZ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 855-974-4344. The normal business hours are 10:00 am - 6:00 pm pst on Monday - Friday. You can find more information about the New York firm at sigfig.com.