C.W. O'conner Wealth Advisors, Inc. (Peachtree Corners)


C.W. O'conner Wealth Advisors, Inc. is a large advisory firm based in Peachtree Corners. It manages $230 million of regulatory assets for 521 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Georgia.

C.W. O'conner Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

C.W. O'conner Wealth Advisors: assets under management

The assets under management (AUM) of C.W. O'conner Wealth Advisors, Inc. is $230 million. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $108 million in discretionary accounts and $122 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $221.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.7 million.
C.W. O'conner Wealth Advisors has custody of $32 million in cash and securities for 30 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 63% of the total AUM. The second-largest asset type is state and local bonds, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay C.W. O'conner Wealth Advisors, Inc. 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 Clifford Walter O'conner serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Clifford Walter O'conner is high net worth individuals with 31 clients and $196 million of assets under management. Among the 5 most similar advisory firms, C.W. O'conner Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $230 million for 89 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.

C.W. O'conner Wealth Advisors doesn't advise any private funds.

Careers at C.W. O'conner Wealth Advisors, Inc.

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Clifford Walter O'conner President/chief compliance officer 1 Jan 1995 75% - 100% 2192846

Based in Peachtree Corners

The principal office where C.W. O'conner Wealth Advisors, Inc. performs its advisory services is located at 655 Engineering Drive, Peachtree Corners, GA 30092, 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 770-368-9919 or by fax 770-368-9906. The normal business hours are 8:00 am - 5:00 pm est on Monday - Friday. You can find more information about the New York firm at cwoconner.com.