North Scottsdale Wealth Advisors, LLC

CRD#284449
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

North Scottsdale Wealth Advisors, LLC is a financial advisor firm located in Scottsdale, Arizona. The company handles $50.1 million in total assets across 171 client accounts. The company has a small group of one employee who is a financial advisor. North Scottsdale Wealth Advisors, LLC does not act as a registered broker-dealer, signifying that the company is not able to buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like bonds, options and equities.

North Scottsdale Wealth Advisors, LLC manages all of the company's accounts on a discretionary basis. Discretionary management means that an investment advisor has the discretion to make buy and sell choices for the client's account without needing to seek the client's permission. North Scottsdale Wealth Advisors, LLC's average account size is $293,019. The average advisor at North Scottsdale Wealth Advisors, LLC manages about 171 client accounts.

The company's headquarters is located at 21803 North Scottsdale Road, Scottsdale, Arizona 85255. North Scottsdale Wealth Advisors, LLC is legally allowed to provide services to investors across a few states, including Arizona and Texas.

Assets Under Management

$50.1 million

Number of Advisors

1

Fee Structure

Asset-based

Disclosures

No

Office Location

21803 North Scottsdale Road
Scottsdale, AZ 85255

North Scottsdale Wealth Advisors, LLC by the Numbers

Total Assets Under Management

$50.1 million

National Average: $3.3 billion
Total Number of Employees

1

National Average: 4,943
Total Number of Accounts

171

National Average: 2,522
Average Account Size

$293.0 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

Fee Structure

Financial advisory fees largely depend on which services the firm provides the client. However, fees billed by North Scottsdale Wealth Advisors, LLC typically consist of the following fee structures: asset-based. The company does participate in a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee. It has the ability to withdraw its fees directly from customer funds.

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

The firm works with retail investors and high net worth investors. Out of its 171 accounts, North Scottsdale Wealth Advisors, LLC's biggest client type by number of accounts is retail investors, although it also serves 10 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 under management or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 1% of the company's accounts are represented by non-U.S. persons.

  • High-Net-Worth Individuals* - 20%
  • Other Individuals - 80%
  • Corporations - 0%
  • 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

North Scottsdale 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