Chambers Wealth Advisory is a large advisory firm based in Stateline. It manages $126.9 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Nevada, and Texas.
Chambers Wealth Advisory provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Chambers Wealth Advisory is $126.9 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Chambers Wealth Advisory 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Chambers Wealth Advisory is high net worth individuals with 26 clients and $121.88 million of assets under management. Among the 9 most similar advisory firms, Chambers Wealth Advisory has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $123.08 million for 32 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.
Chambers Wealth Advisory doesn't advise any private funds.
The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Chambers Wealth Advisory performs its advisory services is located at 140 Easy Street, Stateline, NV 89449 2562, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 650-218-4758. The normal business hours are by appointment only on Other. You can find more information about the New York firm at menloparkwealth.com/.