WALLACE ADVISORY GROUP, LLC

RIASEC RegisteredEst. 2015

Total AUM

$269M

Discretionary

$269M

100% of AUM

Avg account

$691K

Accounts

390

Employees

Advisory reps

Firm details

Headquarters: LAFAYETTE, California
CRD number: 281049
Registered since: October 1, 2015
Website: www.wallaceadvisory.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI59.47%
Individuals40.53%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Wallace Advisory Group, LLC is an SEC-registered independent advisory firm that positions itself as a capital allocator for individual and family clients. Organized as an LLC and owner-operated, the firm offers fee-based financial planning and portfolio management for individuals, small businesses and institutions, and also performs adviser selection for third-party managers. Insurance brokerage is part of its business activities alongside advisory services. Fees are charged as a percentage of assets under management and via fixed-fee arrangements. The firm does not identify as an active ESG investor. Wallace Advisory Group has been registered with the SEC since 2015 and operates with a hands-on allocation approach, both managing portfolios directly and directing client capital to external managers where appropriate.