Cedar Wealth Management, LLC is a large advisory firm based in Walnut Creek. It manages $221.65 million of regulatory assets for 190 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Florida, Ohio, Texas, and Washington.
Cedar Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cedar Wealth Management, LLC is $221.65 million. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cedar Wealth Management, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Cedar Wealth Management is high net worth individuals with 44 clients and $135.49 million of assets under management. Among the 9 most similar advisory firms, Cedar Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $143.25 million for 75 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.
Cedar Wealth Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.
The principal office where Cedar Wealth Management, LLC performs its advisory services is located at 1990 North California Blvd, 8 Th Floor, Walnut Creek, CA 94596, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (415) 230-2757 or by fax (415) 213-2420. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cedarwealthmgmt.com and its LinkedIn profile.