Walkner Condon Financial Advisors LLC (Madison)

Name: Walkner Condon Financial Advisors LLC
Address: 3418 Monroe Street, Madison, WI, 53711
Telephone: 608-234-4127

Walkner Condon Financial Advisors LLC is a large advisory firm based in Madison. It manages $108.85 million of regulatory assets for 861 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Illinois, Michigan, Texas, and Wisconsin.

Walkner Condon Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Walkner Condon Financial Advisors: assets under management

The assets under management (AUM) of Walkner Condon Financial Advisors LLC is $108.85 million. The firm's AUM has gone down by -6% since the beginning of its operation, and $1.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $95.63 million in discretionary accounts and $13.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $117.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $269.74 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Walkner Condon Financial Advisors 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 Walkner Condon Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Walkner Condon Financial Advisors is individuals with 195 clients and $71.04 million of assets under management. Among the 11 most similar advisory firms, Walkner Condon Financial Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $108.85 million for 225 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.

Walkner Condon Financial Advisors doesn't advise any private funds.

Careers at Walkner Condon Financial Advisors LLC

The company employs 5 people that are either part- or full-time employees. 100 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 receive compensation from other entities for client referrals.

Based in Madison

The principal office where Walkner Condon Financial Advisors LLC performs its advisory services is located at 3418 Monroe Street, Madison, WI 53711, 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 608-234-4127 or by fax N/A. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at facebook.com/walknercondon.