FAMILYWEALTH ASSET MANAGEMENT
Adviser information for FAMILYWEALTH ASSET MANAGEMENT last updated from Form ADV on March 31st, 2023. 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 | Texas, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 555 | $172.5M |
| Non-Discretionary | 197 | $25.8M |
| Total | 752 | $198.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 400 | $49.3M |
| HNW Individuals | 27 | $73.6M |
| Banking or thrift institutions | <5 | $61.4M |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 9 | $13.9M |
| 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 | <5 | $482 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Publication of periodicals or newslettersPORTFOLIO CONSTRUCTION STRATEGIES PROVIDED TO OTHER RIAS |
|---|---|
| Compensation | % of AUMSubscription feesA PERCENTAGE OF ASSETS UNDER OUR CLIENT'S MANAGEMENT |
Identifiers
| SEC RIA File Number | 801-69660 |
|---|---|
| SEC ERA File Number | 801-69660 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 147869 |
| Legal Entity Identifier | None |
Principal Office
1601 ELM STREET,SUITE 4310
DALLAS
TX
United States
Monday - Friday, 8:00-5:00
Tel: 214-624-1185, Fax: None
Websites
Chief Compliance Officer
WILBERT OAKLEY
VICE PRESIDENT; BRANCH OFFICE MANAGER
255 PRIMERA BLVD.
SUITE 160
LAKE MARY
FL
United States
Tel:
(866)746-3743
B******@**********************S
(Full email address available in API data)
Industry Affiliates
| FAMILYWEALTH | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PARK, DAVID, JOON CHOL | Individual | – | ELECTED MANAGER | 06/2008 | < 5% |
| MORA, CHRISTINE, M | Individual | – | DIRECTOR; SECRETARY; COUNSEL | 03/2011 | < 5% |
| OAKLEY, WILBERT, ERNEST | Individual | – | VICE PRESIDENT; BRANCH OFFICE MANAGER | 03/2020 | < 5% |
| OAKLEY, WILBERT, ERNEST | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2020 | < 5% |
| FAMILYWEALTH INC. | Domestic Entity | – | CORPORATION-OWNER | 01/2021 | > 75% |
| Martin, Alicia | Individual | FAMILYWEALTH INC. | GENERAL PARTNER | 01/2021 |