Westover Capital Advisors, LLC is a large advisory firm based in Wilmington. It manages $228.86 million of regulatory assets for 531 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Connecticut, Delaware, Maryland, and 3 other states.
Westover Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, and consulting. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Westover Capital Advisors, LLC is $228.86 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 502% since the beginning of its operation, and $882.76 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Westover Capital Advisors, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Westover Capital Advisors is high net worth individuals with 87 clients and $155.95 million of assets under management. Among the 9 most similar advisory firms, Westover Capital Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $228.86 million for 178 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Westover Capital Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 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.
The principal office where Westover Capital Advisors, LLC performs its advisory services is located at 1013 Centre Rd,, Wilmington, DE 19805, 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 302-427-9600 or by fax 302-427-8900. 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 westovercapital.com.