Vpwm Advisors, LLC (Plymouth)

Name: Vpwm Advisors, LLC
Address: 505 North Highway 169, Plymouth, MN, 55441
Telephone: (763) 587-7120

Vpwm Advisors, LLC is a large advisory firm based in Plymouth. It manages $238 million of regulatory assets for 2,052 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Vpwm Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vpwm Advisors: assets under management

The assets under management (AUM) of Vpwm Advisors, LLC is $238 million. The firm's AUM has grown by 70% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $218 million in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $118.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $97.56 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vpwm 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.

What kind of clients Vpwm Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Vpwm Advisors is individuals with 1,190 clients and $200 million of assets under management. Among the 8 most similar advisory firms, Vpwm Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $238 million for 1,209 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.

Vpwm Advisors doesn't advise any private funds.

Careers at Vpwm Advisors, LLC

The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 14 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
Joseph Scott Mcrae	Managing member & chief compliance officer	1 Sep 2013	75% - 100%	2087535

Based in Plymouth

The principal office where Vpwm Advisors, LLC performs its advisory services is located at 505 North Highway 169, Plymouth, MN 55441, which is also the mailing address of the firm. An additional office of the firm is in Eden Prairie, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (763) 587-7120 or by fax (763) 587-7122. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at northernretirementpartners.com.