Walsh & Associates, LLC (Sarasota)

Walsh & Associates provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Walsh & Associates: assets under management

The assets under management (AUM) of Walsh & Associates, LLC is $291 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $291 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $210.87 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is exchange traded securities, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Walsh & Associates, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Walsh & Associates serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Walsh & Associates is high net worth individuals with 125 clients and $173 million of assets under management. Among the 13 most similar advisory firms, Walsh & Associates has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $290.2 million for 610 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.

Walsh & Associates doesn't advise any private funds.

Careers at Walsh & Associates, LLC

The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 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

Based in Sarasota

The principal office where Walsh & Associates, LLC performs its advisory services is located at 2350 Fruitville Rd., Suite 201, Sarasota, FL 34237, which is also the mailing address of the firm. An additional office of the firm is in Dekalb, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-952-1188 or by fax 941-952-1184. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at walshwealthmanagement.com and its LinkedIn profile.

Registered investment advisers similar to Walsh & Associates, LLC

• Monument Capital Management
• Allegis Investment Advisors
• Square Advisors
• First Sabrepoint Capital Management
• Winch Advisory Services
• Circularis Partners
• Great Lakes Retirement
• Westport Asset Management
• Vertical Cdo Management Acquisition E
• Water Asset Management
• Ten Capital Investment Advisors
• Thompson Rubinstein Investment Management
• Osher Van De Voorde Investment Management
• Panton Capital Group
• Capital Z Asset Management