Fisher & Wiens Wealth Management, LLC (Danville)

Name: Fisher & Wiens Wealth Management, LLC
Address: 100 Railroad Avenue, Danville, CA, 94526
Telephone: 925-964-0090

Fisher & Wiens Wealth Management, LLC is a large advisory firm based in Danville. It manages $138.94 million of regulatory assets for 440 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Nevada, Oregon, and Texas.

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

Fisher & Wiens Wealth Management: assets under management

The assets under management (AUM) of Fisher & Wiens Wealth Management, LLC is $138.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $138.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $315.78 thousand each.

Fisher & Wiens Wealth Management has custody of $138.94 million in cash and securities for 265 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 80% of the total AUM. The second-largest asset type is other assets, 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 Fisher & Wiens Wealth Management, 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 Fisher & Wiens Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Fisher & Wiens Wealth Management is individuals with 220 clients and $78.44 million of assets under management. Among the 8 most similar advisory firms, Fisher & Wiens Wealth Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $138.94 million for 265 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.

Fisher & Wiens Wealth Management doesn't advise any private funds.

Careers at Fisher & Wiens Wealth Management, LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Stacy Fisher	Trustee	1 Oct 2008	Other	6731461
Beau Mitchel Fisher	Trustee & chief compliance officer	1 Jan 2017	Other	5063122
Beau Fisher & Stacy Fisher Revocable Trust 10/29/2008	Managing member	1 Jan 2017	75% - 100%	xxx-xx-xxxx

Based in Danville

The principal office where Fisher & Wiens Wealth Management, LLC performs its advisory services is located at 100 Railroad Avenue, Danville, CA 94526, 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 925-964-0090 or by fax 925-964-0990. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fisherandwiens.com.