Paradigm Wealth Advisory LLC (Bridgewater)

Name: Paradigm Wealth Advisory LLC
Address: 1140 Highway 22 East, Bridgewater, NJ, 08807
Telephone: (908) 450-7402

Paradigm Wealth Advisory LLC is a large advisory firm based in Bridgewater. It manages $207.98 million of regulatory assets for 1,482 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Connecticut, and 11 other states.

Paradigm Wealth Advisory provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Paradigm Wealth Advisory: assets under management

The assets under management (AUM) of Paradigm Wealth Advisory LLC is $207.98 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $207.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.34 thousand each.

Paradigm Wealth Advisory has custody of $7.68 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paradigm Wealth Advisory 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 Paradigm Wealth Advisory serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Paradigm Wealth Advisory is high net worth individuals with 75 clients and $114.39 million of assets under management. Among the 10 most similar advisory firms, Paradigm Wealth Advisory has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $207.82 million for 570 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.

Paradigm Wealth Advisory doesn't advise any private funds.

Careers at Paradigm Wealth Advisory LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 6 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
David Paul Giegerich	Managing partner	1 Apr 2016	Other	2795115
Paradigm Wealth Management Holdings Llc	Parent/holding company	1 Apr 2016	75% - 100%	81-2388843

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Timothy Provinsal	Managing member	1 Nov 2014	50% - 75%	3049055
David Paul Giegerich	Managing member	1 Nov 2014	50% - 75%	2795115

Based in Bridgewater

The principal office where Paradigm Wealth Advisory LLC performs its advisory services is located at 1140 Highway 22 East, Bridgewater, NJ 08807, which is also the mailing address of the firm. An additional office of the firm is in Dublin, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (908) 450-7402 or by fax (908) 450-7404. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at paradigmwealthmanagement.com.