Wakm Financial Advisors, LLC (Birmingham)

Name: Wakm Financial Advisors, LLC
Address: 2500 Acton Road, Birmingham, AL, 35243
Telephone: 205-979-4100

Wakm Financial Advisors, LLC is a large advisory firm based in Birmingham. It manages $142.25 million of regulatory assets for 241 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama and Georgia.

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

Wakm Financial Advisors: assets under management

The assets under management (AUM) of Wakm Financial Advisors, LLC is $142.25 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $27.47 million in discretionary accounts and $114.78 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $638.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $579.71 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wakm Financial Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wakm Financial Advisors, LLC

James Aiken Warren has been acting as President since 1 Jul 1999. Steven Clay Causey joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Clay Causey	Vice president	1 Jul 1999	Other	4003351
Jerry Don Kimbrough	Vp/secretary	1 Jul 1999	Other	4004476
James Aiken Warren	President	1 Jul 1999	Other	3265775
Janice Hurst Henninger	Vice president	1 Jul 1999	Other	3265772
Charles Lee Eddy	Vice president	1 Jul 1999	Other	4003861
Llc Wakm Companies	Holding company	1 Jul 1999	75% - 100%	63-1229649
James Williams Cunningham	Vice president-treasurer	1 Jul 1999	Other	4005501

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Randolph Averett	Owner	1 Jul 1999	Other	4004343
James Albert Stroud	Owner	1 Jul 1999	Other	3265770

Based in Birmingham

The principal office where Wakm Financial Advisors, LLC performs its advisory services is located at 2500 Acton Road, Birmingham, AL 35243, 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 205-979-4100 or by fax 205-271-0346. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.wakmfinancialadvisors.com.