Concentric Wealth Management LLC is a large advisory firm based in Lafayette. It manages $263.18 million of regulatory assets for 649 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, New Hampshire, and Texas.
Concentric Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Concentric Wealth Management LLC is $263.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 332% since the beginning of its operation, and $5.03 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Concentric 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 Concentric Wealth Management is high net worth individuals with 119 clients and $244.49 million of assets under management. Among the 10 most similar advisory firms, Concentric Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $254.88 million for 183 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.
Concentric Wealth Management 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. No 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 Concentric Wealth Management LLC performs its advisory services is located at 251 Lafayette Circle, Lafayette, CA 94549, 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 925-962-1100 or by fax 925-962-1106. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at concentric-wealth.com.