TRUE WEALTH ADVISORY GROUP
TRUE WEALTH ADVISORY GROUP, LLC Legal Name
Adviser information for TRUE WEALTH ADVISORY GROUP last updated from Form ADV on March 22nd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 266 | $182.1M |
| Non-Discretionary | 3 | $15.2M |
| Total | 269 | $197.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 50 | $61.8M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 20 | $72.1M |
| Other | 9 | $63.4M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 2 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)CONSULTING SERVICES |
|---|---|
| Compensation | % of AUMCONSULTING FEES |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 91.7M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| TRUE WEALTH ADVISORY GROUP WRAP FEE PROGRAM | TRUE WEALTH ADVISORY GROUP |
Identifiers
| SEC RIA File Number | 801-123140 |
|---|---|
| SEC ERA File Number | 801-123140 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 306523 |
| Legal Entity Identifier | None |
Principal Office
1 ALHAMBRA PLAZAFLOOR PH
MIAMI
FL
United States
BY APPOINTMENT ONLY, BY APPOINTMENT ONLY
Tel: 786.358.0050, Fax: 800.784.0094
Chief Compliance Officer
GISELLE CASELLA
SENIOR CONSULTANT
255 DARRELL ROAD
HILLSBOROUGH
CA
United States
Tel:
650-703-2159
G*******@***************M
(Full email address available in API data)
Regulatory Contact
MARC SHACHTMAN
CEO
1 ALHAMBRA PLAZA
FLOOR PH
MIAMI
FL
United States
Tel:
786.358.0050
M*************@**************************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| IZQUIERDO, MONICA, AMALIA | Individual | – | CHIEF OPERATING OFFICER | 11/2019 | < 5% |
| TWAG HOLDINGS, INC. | Domestic Entity | – | HOLDING COMPANY | 10/2019 | > 75% |
| SHACHTMAN, MARC, HOWARD | Individual | TWAG HOLDINGS, INC. | OWNER | 10/2019 | > 75% |
| SHACHTMAN, MARC, HOWARD | Individual | – | CHIEF EXECUTIVE OFFICER | 11/2019 | < 5% |
| CASELLA, GISELLE | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2024 | < 5% |