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Wealthwise LLC (San Luis Obispo)


Wealthwise LLC is a large advisory firm based in San Luis Obispo. It manages $26.1 million of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Nevada, and Utah.

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Wealthwise provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthwise: assets under management

The assets under management (AUM) of Wealthwise LLC is $26.1 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $2.56 million in discretionary accounts and $23.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $121.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $385.97 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealthwise 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.

Based in San Luis Obispo

The principal office where Wealthwise LLC performs its advisory services is located at 3889 Long Street, San Luis Obispo, CA 93401, 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 805-547-1177 or by fax 805-547-1625. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at www.wealth-enhancement.com.


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