Copperwynd Financial, LLC (Scottsdale)

Name: Copperwynd Financial, LLC
Address: 14256 N. Northsight Blvd., Scottsdale, AZ, 85260
Telephone: 480-348-2100

Copperwynd Financial, LLC is a large advisory firm based in Scottsdale. It manages $296.45 million of regulatory assets for 1,428 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 4 other states.

Copperwynd Financial provides financial planning services, portfolio management for individuals and small businesses, and pension consulting 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.

Copperwynd Financial: assets under management

The assets under management (AUM) of Copperwynd Financial, LLC is $296.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 785% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $296.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.6 thousand each.

Copperwynd Financial has custody of $219.71 million in cash and securities for 885 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 62% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Copperwynd Financial, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Copperwynd Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Copperwynd Financial is high net worth individuals with 95 clients and $190.86 million of assets under management. Among the 12 most similar advisory firms, Copperwynd Financial has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $296.45 million for 439 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Copperwynd Financial doesn't advise any private funds.

Careers at Copperwynd Financial, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Blane Daughtrey	Managing member	1 Mar 2007	50% - 75%	2043611
Lynda Krantz Elley	Managing member	1 Mar 2007	25% - 50%	4735649
Bruce Alan Meyer	Managing member	1 Mar 2007	25% - 50%	2900514
Erick Scot Newton	Chief compliance officer	1 Jan 2012	Other	2318675
Erick Scot Newton	Member & chief compliance officer	1 Jan 2015	Other	2318675

Based in Scottsdale

The principal office where Copperwynd Financial, LLC performs its advisory services is located at 14256 N. Northsight Blvd., Scottsdale, AZ 85260, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-348-2100 or by fax 480-348-2107. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at copperwyndfinancial.com.