Wb Capital Management Inc. (West Des Moines)

Name: Wb Capital Management Inc.
Address: 1415 28 Th Street, West Des Moines, IA, 50266 1461
Telephone: [515] 244-5426

Wb Capital Management Inc. is a large advisory firm based in West Des Moines. It manages $4.55 billion of regulatory assets for 614 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Georgia, Illinois, and 3 other states.

Wb Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, publication of newsletters, and market timing 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.

Wb Capital Management: assets under management

The assets under management (AUM) of Wb Capital Management Inc. is $4.55 billion. The firm's AUM has grown by 983% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.72 billion in discretionary accounts and $830.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $415.34 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wb Capital Management Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wb Capital Management Inc.

David Richard Milligan has been acting as President since 1 Oct 2003. Laurie Lynn Mardis joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. West Bancorporation	Iowa corporation	1 May 1984	75% - 100%	42-1230603
Thomas Edwin Stanberry	Chairman & president	1 Sep 2003	Other	1989729
David Richard Milligan	Director	1 Oct 2003	Other	4724235
Brad Lee Winterbottom	Director	1 Oct 2003	Other	4724239
Douglas Ray Gulling	Director/treasurer	1 Oct 2003	Other	4724244
Joyce Ann Chapman	Director	1 Oct 2003	Other	4724245
Kevin James Smith	Director	1 Oct 2003	Other	4724247
Thomas Eugene Myers	Managing director	1 Oct 2003	Other	1670949
Karen Jean Green	Managing director	1 Oct 2003	Other	1807502
Jon Kent Augustine	Managing director	1 Oct 2003	Other	4370549
Christopher Calvin Cook	Managing director	1 Oct 2003	Other	4370551
Scott Dean Eltjes	Managing director	1 Oct 2003	Other	2258653
Alice Ann Jensen	Secretary	1 Dec 2003	Other	4782227
Vera Bodensteiner Lichtenberger	Chief compliance officer	1 Sep 2004	Other	5029861
Amy Marie Mitchell	Secretary	1 Mar 2005	Other	4658248
Jeffrey David Lorenzen	President, director	1 Mar 2005	Other	1900092
West Bancorporation	Parent corporation	1 Dec 2005	75% - 100%	42-1230603
Thomas Edwin Stanberry	Chairman of the board	1 Jan 2006	Other	1989729
Brad Lee Winterbottom	Director	1 Jan 2006	Other	4724239
Douglas Ray Gulling	Treasurer, director	1 Jan 2006	Other	4724244
Scott Dean Eltjes	Director	1 Jan 2006	Other	2258653
Vera Bodensteiner Lichtenberger	Chief compliance officer	1 Mar 2006	Other	5029861
Jeffrey David Lorenzen	Director	1 Mar 2006	Other	1900092
Kevin Wesley Croft	Director	1 Jan 2009	Other	4734457
Jon Kent Augustine	Chief investment officer, director	1 Jan 2009	Other	4370549
Christopher Calvin Cook	Director	1 Jan 2009	Other	4370551
Thomas Eugene Myers	Director	1 Jan 2009	Other	1670949
David Wayne Miles	President, ceo	1 Oct 2009	Other	1758925
Laurie Lynn Mardis	Treasurer	1 Dec 2009	Other	4138177

Based in West Des Moines

The principal office where Wb Capital Management Inc. performs its advisory services is located at 1415 28 Th Street, West Des Moines, IA 50266 1461, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number [515] 244-5426 or by fax [877] 656-9691. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at www.vmfcapital.com.