Wheeler Frost Associates Inc (San Diego)

Name: Wheeler Frost Associates Inc
Address: 3170 Fourth Avenue, San Diego, CA, 92103 6514
Telephone: 619-491-0225

Wheeler Frost Associates Inc is a large advisory firm based in San Diego. It manages $272.71 million of regulatory assets for 768 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Ohio, and Texas.

Wheeler Frost Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Wheeler Frost Associates: assets under management

The assets under management (AUM) of Wheeler Frost Associates Inc is $272.71 million. The firm's AUM has grown by 229% since the beginning of its operation, and $4.29 million of the total AUM is attributable to clients outside of the United States.

The firm manages $239.53 million in discretionary accounts and $33.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $448.41 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 68% 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 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wheeler Frost Associates Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Peter Ryder Wheeler serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Peter Ryder Wheeler is high net worth individuals with 79 clients and $188.08 million of assets under management. Among the 11 most similar advisory firms, Wheeler Frost Associates has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $272.34 million for 328 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Wheeler Frost Associates doesn't advise any private funds.

Careers at Wheeler Frost Associates Inc

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter Ryder Wheeler has been acting as President since 1 Aug 1981. Kenneth Grover Frost has served as the Chief Investment Officer since 1 Apr 2004. Joseph Phillip Arce joined the executive team most recently as the Chief Compliance Officer / Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Ryder Wheeler	President	1 Aug 1981	25% - 50%	464559
Mary Margaret Wheeler	Secretary	1 Aug 1981	25% - 50%	4339289
Kenneth Grover Frost	Vice president	1 Dec 1989	Other	1458671
Peter Ryder Wheeler	Chief executive officer	1 Apr 2004	25% - 50%	464559
Kenneth Grover Frost	Chief investment officer	1 Apr 2004	Other	1458671
Mary Margaret Wheeler	Chief compliance officer	1 Apr 2004	25% - 50%	4339289
Peter Ryder Wheeler	Chief executive officer	1 Jan 2005	25% - 50%	464559
Kenneth Grover Frost	Chief investment officer	1 Jan 2005	Other	1458671
David Phipps White	Vice president	1 Apr 2011	Other	1027468
Joseph Phillip Arce	Chief compliance officer / chief operating officer	1 Jan 2015	Other	3119142

Based in San Diego

The principal office where Wheeler Frost Associates Inc performs its advisory services is located at 3170 Fourth Avenue, San Diego, CA 92103 6514, 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 619-491-0225 or by fax 619-491-0229. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at wheelerfrost.com.