Boyd Wealth Management, LLC (Sacramento)

Name: Boyd Wealth Management, LLC
Address: 1375 Exposition Blvd, Sacramento, CA, 95815
Telephone: (916) 367-0532

Boyd Wealth Management, LLC is a large advisory firm based in Sacramento. It manages $115.77 million of regulatory assets for 254 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Louisiana, and Texas.

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

Boyd Wealth Management: assets under management

The assets under management (AUM) of Boyd Wealth Management, LLC is $115.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $455.79 thousand each.

Boyd Wealth Management has custody of $22.67 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 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boyd Wealth Management, LLC for their services and products based on a percentage of assets under management 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 Boyd Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Boyd Wealth Management is high net worth individuals with 43 clients and $103.11 million of assets under management. Among the 7 most similar advisory firms, Boyd Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $115.77 million for 79 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.

Boyd Wealth Management doesn't advise any private funds.

Careers at Boyd Wealth Management, 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. 3 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
Ryan Kirk Triplett	Chief compliance officer & managing member	1 May 2018	25% - 50%	5329858
Brian Adam Boyd	Managing member	1 May 2018	75% - 100%	3091368
Kaitlyn S H Garlick	Chief compliance officer	1 Jun 2019	Other	5883018

Based in Sacramento

The principal office where Boyd Wealth Management, LLC performs its advisory services is located at 1375 Exposition Blvd, Sacramento, CA 95815, 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 (916) 367-0532. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at boyd-wealth.com.