Deyoe Wealth Management, Inc. (Berkeley)

Name: Deyoe Wealth Management, Inc.
Address: 2150 Shattuck Avenue, Suite 700, Berkeley, CA, 94704
Telephone: 510-848-0012

Deyoe Wealth Management, Inc. is a large advisory firm based in Berkeley. It manages $208 million of regulatory assets for 551 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Florida, Hawaii, and 4 other states.

Deyoe Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Deyoe Wealth Management: assets under management

The assets under management (AUM) of Deyoe Wealth Management, Inc. is $208 million. The firm's AUM has grown by 84% since the beginning of its operation, and $1.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $201 million in discretionary accounts and $7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $395.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $162.79 thousand.

Deyoe Wealth Management has custody of $145.6 million in cash and securities for 176 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 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deyoe Wealth Management, Inc. for their services and products based on a percentage of assets under management 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 Jonathan K Deyoe serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jonathan K Deyoe is high net worth individuals with 105 clients and $170 million of assets under management. Among the 11 most similar advisory firms, Deyoe Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $199.5 million for 231 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.

Deyoe Wealth Management doesn't advise any private funds.

Careers at Deyoe Wealth Management, Inc.

The company employs 5 people that are either part- or full-time employees. 80 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.

Jonathan K Deyoe has been acting as President since 1 Jan 2011. Nancy Wright Cooper joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan K Deyoe	President	1 Jan 2011	75% - 100%	2944114
Nancy Wright Cooper	Chief compliance officer	1 Jan 2014	Other	2411995

Based in Berkeley

The principal office where Deyoe Wealth Management, Inc. performs its advisory services is located at 2150 Shattuck Avenue, Suite 700, Berkeley, CA 94704, 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 510-848-0012. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at deyoewealthmanagement.com.