Arq Wealth Advisors, LLC

CRD#147351
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Arq Wealth Advisors, LLC operates as a financial advisory firm located in Scottsdale, Arizona. The company handles $213.4 million in assets under management throughout 733 accounts, placing it in the mid-tier of firms in the United States by assets under management (AUM). The firm has a small team of seven employees, of which four are financial advisors. Arq Wealth Advisors, LLC is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are exchangable financial investments like options, stocks and bonds.

Arq Wealth Advisors, LLC administers more than half of its client assets on a discretionary basis. Discretionary management means that buy and sell judgments are made by an investment advisor without requiring client consent. The company also has six non-discretionary accounts with a total of $4.1 million in assets. Arq Wealth Advisors, LLC's average account size is $291,185. An average financial advisor at Arq Wealth Advisors, LLC oversees about 183 client accounts.

Arq Wealth Advisors, LLC's headquarters is located at 14500 N. Northsight Blvd, Ste 200, Scottsdale, Arizona 85260. It is permitted to serve investors throughout a few states, including Arizona, California, Ohio, Texas and Washington.

Assets Under Management

$213.4 million

Number of Advisors

4

Fee Structure

Asset-based

Disclosures

No

Office Location

14500 N. Northsight Blvd, Ste 200
Scottsdale, AZ 85260

Arq Wealth Advisors, LLC by the Numbers

Total Assets Under Management

$213.4 million

National Average: $3.3 billion
Total Number of Employees

7

National Average: 4,943
Total Number of Accounts

733

National Average: 2,522
Average Account Size

$291.2 thousand

National Average: $1.3 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Products and Services

Arq Wealth Advisors, LLC offers a number of services, which can consist of financial planning services, portfolio management for individuals and small businesses and portfolio management for institutional clients. However, the company did not provide financial planning services to any of its customers in the prior financial year. The company is not engaged in selling products or offering services aside from investment advisory services to its investment advisory customers.

Core Advisor Services

  • Offered by 45% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 63% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

Back to Overview

Fee Structure

A financial advisor's fees usually are based on which services the firm provides the client. Fees billed by the firm typically consist of the following fee structures: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are provided by the company.

Available

  • Offered by 75% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

Unavailable

  • Find one of the 37% of firms that offer this fee type

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Find one of the 3% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 40% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Back to Overview

Types of Clients

It works with retail investors, high net worth investors and corporations. Out of its 733 accounts, Arq Wealth Advisors, LLC's biggest client type by number of accounts is retail investors, but it also manages money for 68 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 in AUM or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 27.09%
  • Other Individuals - 72.51%
  • Corporations - 0.4%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Arq Wealth Advisors, LLC does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

This content was compiled from the SEC and FINRA