WMBC
WEALTH MANAGEMENT & BUSINESS CONCEPTS Legal Name
Adviser information for WMBC last updated from Form ADV on February 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | California, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 3 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 252 | $56.8M |
| Non-Discretionary | 396 | $59.4M |
| Total | 648 | $116.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 75 | $28.0M |
| HNW Individuals | 40 | $79.6M |
| 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 | 5 | $6.0M |
| 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 | $2.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 9 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesPERCENTAGE OF NET WORTH |
Identifiers
| SEC RIA File Number | 801-80426 |
|---|---|
| SEC ERA File Number | 801-80426 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 124462 |
| Legal Entity Identifier | None |
Principal Office
2 VENTURESUITE 380
IRVINE
CA
United States
Monday - Friday, 8:00 AM TO 5:00 PM
Tel: 949-829-9622, Fax: 949-829-9629
Chief Compliance Officer
DAVID SHELDON COLES
CCO AND PRESIDENT
2 VENTURE
SUITE 380
IRVINE
CA
United States
Tel:
949-829-9622
Fax:
949-829-9629
D*****@********M
(Full email address available in API data)
Regulatory Contact
DAVID SCOTT COLES
CHIEF COMPLIANCE OFFICER AND PRESIDENT
2 VENTURE
SUITE 380
IRVINE
CA
United States
Tel:
949-829-9622
Fax:
949-829-9629
S*****@********M
(Full email address available in API data)
Industry Affiliates
| COLWIN FINANCIAL INSURANCE SERVICES | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| COLES, DAVID, SCOTT | Individual | – | CHIEF EXECUTIVE OFFICER | 11/2002 | > 75% |
| COLES, DAVID, SHELDON | Individual | – | CHIEF COMPLIANCE OFFICER AND PRESIDENT | 06/2020 | 10-25% |