Triton Wealth Management, PLLC (Sun City)

Name: Triton Wealth Management, PLLC
Address: 13211 N 103 Rd Ave, Sun City, AZ, 85351
Telephone: (623) 332-1266

Triton Wealth Management, PLLC is a large advisory firm based in Sun City. It manages $170 million of regulatory assets for 974 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 9 other states.

Triton Wealth Management, P provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Triton Wealth Management, P: assets under management

The assets under management (AUM) of Triton Wealth Management, PLLC is $170 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $170 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.54 thousand each.

Triton Wealth Management, P has custody of $120 million in cash and securities for 400 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Triton Wealth Management, PLLC 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 Triton Wealth Management, P serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Triton Wealth Management, P is individuals with 519 clients and $103.75 million of assets under management. Among the 8 most similar advisory firms, Triton Wealth Management, P has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $170 million for 538 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.

Triton Wealth Management, P doesn't advise any private funds.

Careers at Triton Wealth Management, PLLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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
Gary Lynn Luna	Managing member & chief compliance officer	1 Jan 2018	75% - 100%	5006571
Cody Lee Ashton	Managing member & chief compliance officer	1 Nov 2018	25% - 50%	5493790
David Lee Dorsey	Managing member	1 Nov 2018	25% - 50%	4469521
Michael Clawson Bird	Managing member	1 Nov 2018	25% - 50%	5705865
William Chad Mitton	Managing member	1 Nov 2018	25% - 50%	4187917

Based in Sun City

The principal office where Triton Wealth Management, PLLC performs its advisory services is located at 13211 N 103 Rd Ave, Sun City, AZ 85351, 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 (623) 332-1266. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at tritonwm.com.