Salvus Wealth Management, LLC is a large advisory firm based in Shrewsbury. It manages $113.42 million of regulatory assets for 408 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, and New York.
Salvus Wealth Management 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 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Salvus Wealth Management, LLC is $113.42 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Salvus Wealth Management, 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 and high net worth individuals. The largest group of clients of Salvus Wealth Management is high net worth individuals with 79 clients and $106.73 million of assets under management. Among the 9 most similar advisory firms, Salvus Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $108.62 million for 101 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.
Salvus Wealth Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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 Salvus Wealth Management, LLC performs its advisory services is located at 1040 Broad Street, Suite 203, Shrewsbury, NJ 07702, which is also the mailing address of the firm. An additional office of the firm is in Jacksonville, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 732-542-2629 or by fax 732-676-7679. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at salvuswealth.com.