Wt Wealth Management, LLC (Scottsdale)

Name: Wt Wealth Management, LLC
Address: 7161 East Rancho Vista Drive, Scottsdale, AZ, 85251
Telephone: 800-825-0616

Wt Wealth Management, LLC is a large advisory firm based in Scottsdale. It manages $138.58 million of regulatory assets for 640 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alaska, Arizona, California, and 5 other states.

Wt Wealth Management provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wt Wealth Management: assets under management

The assets under management (AUM) of Wt Wealth Management, LLC is $138.58 million. The firm's AUM has grown by 270% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $136.28 million in discretionary accounts and $2.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $234.16 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $39.66 thousand.

Wt Wealth Management has custody of $132.97 million in cash and securities for 582 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wt Wealth Management, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wt 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 Wt Wealth Management is individuals with 538 clients and $82.68 million of assets under management. Among the 8 most similar advisory firms, Wt Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $135.72 million for 578 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.

Wt Wealth Management doesn't advise any private funds.

Careers at Wt Wealth Management, LLC

The company employs 13 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 11 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.

John Kenneth Heilner has served as the Chief Investment Officer since 1 Oct 2013. David Glenn Johnson joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Heilner	President & cco, cio	1 Oct 2013	Other	2431461
Lp Westerntrust	Owner	1 Oct 2013	75% - 100%	80-0791417
John Kenneth Heilner	Chief investment officer	1 Oct 2013	Other	2431461
Donald Matthew Zienty	Chief compliance officer	1 Jun 2014	Other	4460455
David Glenn Johnson	President and chief compliance officer	1 Jun 2018	Other	6749802

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
G. Scott Rogers	General partner	1 Feb 1995	Other	6274779
Llc Wt Capital Ventures	General partner	1 Jan 2012	Other	45-4083831
Gsr Irrevocbale Trust	Partner	1 Jan 2012	50% - 75%	20-6256392
Ltd. Randa Investments	Sole member/owner	1 Jan 2012	75% - 100%	84-1411776
Kathe Ann Rogers	Trustee	1 Jan 2012	Other	6274783

Based in Scottsdale

The principal office where Wt Wealth Management, LLC performs its advisory services is located at 7161 East Rancho Vista Drive, Scottsdale, AZ 85251, which is also the mailing address of the firm. An additional office of the firm is in Las Vegas, NV. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-825-0616 or by fax 480-219-3613. The normal business hours are 7:30 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at wtwealthmanagement.com.