Engrave Wealth Partners, LLC (The Woodlands)

Engrave Wealth Partners, LLC is a large advisory firm based in The Woodlands. It manages $124.88 million of regulatory assets for 370 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Engrave Wealth Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Engrave Wealth Partners: assets under management

The assets under management (AUM) of Engrave Wealth Partners, LLC is $124.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 32% since the beginning of its operation, and $9 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $124.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $337.51 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Engrave Wealth Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Engrave Wealth Partners serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Engrave Wealth Partners is high net worth individuals with 47 clients and $102.91 million of assets under management. Among the 10 most similar advisory firms, Engrave Wealth Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $124.88 million for 100 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Engrave Wealth Partners doesn't advise any private funds.

Careers at Engrave Wealth Partners, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 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
Gregory Scott Parker	Managing member, chief compliance officer	1 Jun 2017	50% - 75%	2275637
Stephanie Royall Parker	Member	1 Jun 2017	50% - 75%	6834473

Based in The Woodlands

The principal office where Engrave Wealth Partners, LLC performs its advisory services is located at 1725 Hughes Landing Blvd., The Woodlands, TX 77381, 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 281-616-5935. The normal business hours are by appointment on Monday - Friday.