Iwc Asset Management LLC (Pleasanton)

Name: Iwc Asset Management LLC
Address: 6701 Koll Center Parkway, Pleasanton, CA, 94566
Telephone: 925-257-0785

Iwc Asset Management LLC is an adviser based in Pleasanton. It manages $91.11 million of regulatory assets for 149 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Nevada.

Iwc Asset Management provides portfolio management for individuals and small businesses, pension consulting services, and independent investment oversight. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Iwc Asset Management: assets under management

The assets under management (AUM) of Iwc Asset Management LLC is $91.11 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $88.23 million in discretionary accounts and $2.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $596.13 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.89 million.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Iwc Asset Management LLC for their services and products based on a percentage of assets under management. 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 Iwc Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Iwc Asset Management is high net worth individuals with 27 clients and $74.67 million of assets under management. Among the 7 most similar advisory firms, Iwc Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $88.23 million for 46 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.

Iwc Asset Management doesn't advise any private funds.

Careers at Iwc Asset Management LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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

Name	Entity	Date acquired	Ownership	Employer ID
Michael Anthony Lambrecht	Manager/chief compliance officer	1 Dec 2016	75% - 100%	1846927

Based in Pleasanton

The principal office where Iwc Asset Management LLC performs its advisory services is located at 6701 Koll Center Parkway, Pleasanton, CA 94566 The mailing address of the firm is Po Box 400, Pleasanton, CA 94566. An additional office of the firm is in Truckee, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925-257-0785. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at linkedin.com/in/mikelambrecht/.