Wennco LLC (Atlanta)

Name: Wennco LLC
Address: 750 Hammond Drive, Atlanta, GA, 30328
Telephone: 678-257-2726

Wennco LLC is a related adviser based in Atlanta. It manages $16.64 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Georgia.

Wenn provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wenn: assets under management

The assets under management (AUM) of Wennco LLC is $16.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.85 million each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in derivatives form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wennco LLC for their services and products based on a percentage of assets under management. 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 Wenn serves?

The firm provides services to charitable organizations, high net worth individuals, and banking or thrift institutions. The largest group of clients of Wenn is banking or thrift institutions with 1 clients and $11.35 million of assets under management. Among the 2 most similar advisory firms, Wenn has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $16.64 million for 3 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.

Wenn doesn't advise any private funds.

Careers at Wennco LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Christopher Joseph Wenner has served as the Chief Investment Officer since 1 Nov 2017. James Howard Kelly joined the executive team most recently as the Chief Compliance Officer/Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Howard Kelly	Chief compliance officer/manager	1 Nov 2017	50% - 75%	2463479
Christopher Joseph Wenner	Chief investment officer/head trader	1 Nov 2017	50% - 75%	4844949

Based in Atlanta

The principal office where Wennco LLC performs its advisory services is located at 750 Hammond Drive, Atlanta, GA 30328, 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 678-257-2726 or by fax 678-559-0221. The normal business hours are 8:00am - 5:30pm on Monday - Friday. You can find more information about the New York firm at wennco.com.