Comprehensive Wealth Solutions, LLC (Boca Raton)

Name: Comprehensive Wealth Solutions, LLC
Address: 433 Plaza Real, Boca Raton, FL, 33432 9999
Telephone: 877-294-4979

Comprehensive Wealth Solutions, LLC is a large advisory firm based in Boca Raton. It manages $185.23 million of regulatory assets for 212 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, New Hampshire, and 3 other states.

Comprehensive Wealth Solutions provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Comprehensive Wealth Solutions: assets under management

The assets under management (AUM) of Comprehensive Wealth Solutions, LLC is $185.23 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 146% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $185.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $873.72 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 14% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Comprehensive Wealth Solutions, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Comprehensive Wealth Solutions serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Comprehensive Wealth Solutions is high net worth individuals with 36 clients and $182.98 million of assets under management. Among the 8 most similar advisory firms, Comprehensive Wealth Solutions has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $185.23 million for 51 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.

Comprehensive Wealth Solutions doesn't advise any private funds.

Careers at Comprehensive Wealth Solutions, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 4 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
Gary Lee Dennis	Managing member / chief compliance officer	1 Mar 2004	75% - 100%	2167101

Based in Boca Raton

The principal office where Comprehensive Wealth Solutions, LLC performs its advisory services is located at 433 Plaza Real, Boca Raton, FL 33432 9999, which is also the mailing address of the firm. An additional office of the firm is in Ridgewood, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 877-294-4979 or by fax 775-310-6420. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at comprehensivewealthsolutions.com/.