Walden Wealth Partners, LLC (Solon)

Name: Walden Wealth Partners, LLC
Address: 34305 Solon Road, Suite 75, Solon, OH, 44139
Telephone: 440-248-1632

Walden Wealth Partners, LLC is a large advisory firm based in Solon. It manages $167.48 million of regulatory assets for 418 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Illinois and Ohio.

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

Walden Wealth Partners: assets under management

The assets under management (AUM) of Walden Wealth Partners, LLC is $167.48 million. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $160.15 million in discretionary accounts and $7.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $391.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $813.91 thousand.

Investments

The firm invests in other assets the most. They account for 73% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Walden Wealth Partners, LLC for their services and products based on a percentage of assets under management 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 Walden Wealth Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Walden Wealth Partners is high net worth individuals with 79 clients and $163.87 million of assets under management. Among the 10 most similar advisory firms, Walden Wealth Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $167.48 million for 91 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.

Walden Wealth Partners doesn't advise any private funds.

Careers at Walden Wealth Partners, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Karin Maloney Stifler	Managing member, cco	1 Apr 2015	50% - 75%	4927387
Sarah Ann Hannibal	Managing member	1 Apr 2015	50% - 75%	4277177

Based in Solon

The principal office where Walden Wealth Partners, LLC performs its advisory services is located at 34305 Solon Road, Suite 75, Solon, OH 44139, 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 440-248-1632 or by fax 440-248-1632. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at waldenwealth.com.