Sagent Wealth Management (Laguna Beach)

Name: Sagent Wealth Management
Address: 32331 Coast Highway, Laguna Beach, CA, 92651
Telephone: (949) 756-2226

Sagent Wealth Management is an adviser based in Laguna Beach. It manages $66.07 million of regulatory assets for 215 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California and Texas.

Sagent Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sagent Wealth Management: assets under management

The assets under management (AUM) of Sagent Wealth Management is $66.07 million. The firm's AUM has gone down by -53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.1 million in discretionary accounts and $11.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.86 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $59.58 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sagent Wealth Management for their services and products based on a percentage of assets under management, hourly charges, 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 Marshall Glen Eichenauer serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Marshall Glen Eichenauer is high net worth individuals with 20 clients and $47.74 million of assets under management. Among the 2 most similar advisory firms, Sagent Wealth Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $66.07 million for 83 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.

Sagent Wealth Management doesn't advise any private funds.

Careers at Sagent Wealth Management

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Marshall Glen Eichenauer has been acting as President since 1 Aug 2008. Andrew Thomas Becket joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marshall Glen Eichenauer	President/chief compliance officer	1 Aug 2008	Other	2333062
The Eichenauer Family Trust	Member / owner	1 Aug 2008	75% - 100%	xxx-xx-xxxx
Marshall Glen Eichenauer Jr.	Chief executive officer	1 Aug 2008	Other	2333062
Iris Joanne Datzman	Chief compliance officer	1 Aug 2009	Other	5404244
Llc. Sagent Capital	Owner	1 Jun 2010	75% - 100%	26-3266964
Llc. Sagent Private Investment Fund I	Owner	1 Jun 2010	Other	27-2670342
Kitty Ka Hei Chu	Chief compliance officer	1 Mar 2013	Other	5283255
Andrew Thomas Becket	Chief compliance officer	1 Oct 2013	Other	6074990

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Teri Ann Eichenauer	Co-trustee	1 Aug 2008	50% - 75%	5588482
Marshall G Eichenauer Jr.	Co-trustee	1 Aug 2008	50% - 75%	2333062

Based in Laguna Beach

The principal office where Sagent Wealth Management performs its advisory services is located at 32331 Coast Highway, Laguna Beach, CA 92651, 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 (949) 756-2226 or by fax (949) 756-2233. The normal business hours are 7:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at sagentwm.com and its LinkedIn profile.