West Park Wealth Advisors is a multi-state adviser based in Houston. It manages $83.19 million of regulatory assets for 456 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alaska, Arizona, Arkansas, and 32 other states.
West Park Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of West Park Wealth Advisors is $83.19 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay West Park Wealth Advisors 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.
The company employs 42 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 42 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.
Michael J Spears joined the executive team most recently as the Chief Compliance Officer.
The principal office where West Park Wealth Advisors performs its advisory services is located at West8 Tower, Houston, TX 77042 The mailing address of the firm is West8 Tower, Houston, TX 77042. An additional office of the firm is in Boerne, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-266-2993 or by fax 713-266-2997. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at ims-securities.com.