Oxinas Partners Wealth Management LLC (Jefferson)

Name: Oxinas Partners Wealth Management LLC
Address: 702 North Shore Drive, Jefferson, IN, 47130
Telephone: (812) 725-8649

Oxinas Partners Wealth Management LLC is a large advisory firm based in Jefferson. It manages $136.01 million of regulatory assets for 947 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Indiana, and 4 other states.

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

Oxinas Partners Wealth Management: assets under management

The assets under management (AUM) of Oxinas Partners Wealth Management LLC is $136.01 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $132.82 million in discretionary accounts and $3.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $266.34 thousand.

Oxinas Partners Wealth Management has custody of $66.58 million in cash and securities for 283 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 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Oxinas Partners Wealth Management is individuals with 434 clients and $71.81 million of assets under management. Among the 7 most similar advisory firms, Oxinas Partners Wealth Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $133.02 million for 484 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.

Oxinas Partners Wealth Management doesn't advise any private funds.

Careers at Oxinas Partners Wealth Management LLC

The company employs 6 people that are either part- or full-time employees. 67 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 G Bouch	Partner	1 Jan 2018	25% - 50%	1807688
Brian Christopher Coxon	Partner	1 Jan 2018	25% - 50%	4987938
Matthew Thomas Wagner	Chief compliance officer	1 Jan 2018	25% - 50%	5339909
Gary George Bouch	Partner	1 Jan 2018	50% - 75%	1807688

Based in Jefferson

The principal office where Oxinas Partners Wealth Management LLC performs its advisory services is located at 702 North Shore Drive, Jefferson, IN 47130, which is also the mailing address of the firm. An additional office of the firm is in Irvington, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (812) 725-8649 or by fax (812) 920-0862. 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 oxinaspartners.com.