Wipfli Financial Advisors, LLC is a large advisory firm based in Milwaukee. It manages $3.22 billion of regulatory assets for 5,674 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 24 other states.
Wipfli Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wipfli Financial Advisors, LLC is $3.22 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $2.53 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wipfli Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jeffrey Lawrence Pierce is high net worth individuals with 538 clients and $1.88 billion of assets under management. Among the 7 most similar advisory firms, Wipfli Financial Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.21 billion for 1,838 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.
Wipfli Financial Advisors doesn't advise any private funds.
The company employs 82 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 56 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jeffrey Lawrence Pierce has been acting as President since 1 Feb 2019. Rafia Khushbakht Hasan has served as the Chief Investment Officer since 1 Nov 2017. Gennady Bekasov joined the executive team most recently as the Chief Compliance Officer.
The principal office where Wipfli Financial Advisors, LLC performs its advisory services is located at 10000 Innovation Drive, Milwaukee, WI 53226, which is also the mailing address of the firm. An additional office of the firm is in Wausau, WI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 414-431-9300 or by fax 414-431-9303. The normal business hours are 8:00 am to 5:00 pm central standard time on Monday - Friday. You can find more information about the New York firm at wipflifinancial.com.