Virchow Krause Wealth Management LLC (Madison)

Name: Virchow Krause Wealth Management LLC
Address: Ten Terrace Court, Madison, WI, 53718
Telephone: 608-249-6622

Virchow Krause Wealth Management LLC is a large advisory firm based in Madison. It manages $940.45 million of regulatory assets for 2,607 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.

Virchow Krause Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Virchow Krause Wealth Management: assets under management

The assets under management (AUM) of Virchow Krause Wealth Management LLC is $940.45 million. The firm's AUM has grown by 219% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $877.79 million in discretionary accounts and $62.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $379.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $213.87 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Virchow Krause 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.

Careers at Virchow Krause Wealth Management LLC

Larry Soukup has been acting as President since 1 Oct 1997. Steven Nicholas Hooyman joined the executive team most recently as the Market Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tal John Diekvoss	Member	1 Aug 1997	Other	1558101
Daniel Glenn Stafford	Member	1 Aug 1997	Other	1119195
David Allen Waller	Member	1 Aug 1997	Other	1091867
Llp Virchow Krause & Co.	65% owner/member	1 Aug 1997	50% - 75%	39-0859910
Llp Baker Tilly Virchow Krause	100% owner/member	1 Aug 1997	75% - 100%	39-0859910
Larry Soukup	Director	1 Oct 1997	Other	2968541
Curtis Ross Parish	Member	1 Apr 1999	Other	3012655
Patrick Joseph Egan	Member	1 Jan 2001	Other	1768879
Mark Alan Taber	Chief operating officer	1 Jan 2003	Other	4507437
Tal John Diekvoss	Member	1 May 2003	Other	1558101
Scott Ray Powell	Director, wealth management	1 Aug 2003	Other	2233137
Gregory Bryan Pierce	Market manager	1 Jun 2004	Other	2322976
Matthew James Gulseth	Market manager	1 Jun 2004	Other	3061492
Harmony Marie Kronick	Chief compliance officer	1 Jun 2004	Other	4646719
Brian David Powers	Chief compliance officer	1 Mar 2006	Other	4354241
David Michael Kemp	Market manager	1 May 2006	Other	4575074
Suzann Kay Brown	Market manager	1 May 2006	Other	1004386
Frank John Pugliese	Market manager	1 Jun 2006	Other	871801
Steven Nicholas Hooyman	Market manager	1 May 2007	Other	2143662

Based in Madison

The principal office where Virchow Krause Wealth Management LLC performs its advisory services is located at Ten Terrace Court, Madison, WI 53718 The mailing address of the firm is Post Office Box 7398, Madison, WI 53707 7398. An additional office of the firm is in Minneapolis, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 608-249-6622 or by fax 608-249-0590. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.virchowkrause.com.