Wfas LLC (Redwood City)

Wfas LLC is a related adviser based in Redwood City. It manages $446 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Nebraska.

Wfas provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wfas: assets under management

The assets under management (AUM) of Wfas LLC is $446 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $446 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $446 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wfas LLC for their services and products based on a percentage of assets under management. 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 Wfas serves?

The only and largest group of clients of Wfas is investment companies with 1 clients and $446 million of assets under management. Among the 7 most similar advisory firms, Wfas has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $446 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Wfas doesn't advise any private funds.

Careers at Wfas LLC

The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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
Wealthfront	Sole member	1 Jun 2017	75% - 100%	148456
Ashley Whitfield Fieglein Johnson	Chief financial officer & chief operating officer	1 Jun 2017	Other	2750822
Roy Walter Adams	Vp of legal & general counsel	1 Jun 2017	Other	2511672
Jakub Wojciech Jurek	Chief executive officer and chief investment officer	1 Jun 2017	Other	6102278
Jakub Jurek	Chief executive officer and chief investment officer	1 Jun 2017	Other	6102278
John Thomas Torola	Chief compliance officer	1 Jun 2017	Other	1619507
Joonwon N/A Choe	Chief compliance officer & senior managing counsel	1 Jul 2017	Other	6840651

Based in Redwood City

The principal office where Wfas LLC performs its advisory services is located at 900 Middlefield Road, Redwood City, CA 94063, 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 925-330-8610 or by fax 800-366-1679. The normal business hours are 7am - 5pm pacific time on Monday - Friday.