Matrix Private Wealth Solutions, Inc

CRD#167536
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Matrix Private Wealth Solutions, Inc operates as an advisory firm located in Irvine, California. It administers $23.1 million in assets across 114 client accounts. It has a small group of three employees, of which 1 is a financial advisor. Matrix Private Wealth Solutions, Inc 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 must go through a broker-dealer company to do so. Securities are tradable fiscal investments such as bonds, equities and options.

Matrix Private Wealth Solutions, Inc manages all of the firm's client assets in a discretionary manner. Discretionary management signifies that buy and sell choices for the client's account are made by an investment advisor without requiring the customer's permission. The firm oversees about $202,687 for every client account. An average financial advisor at Matrix Private Wealth Solutions, Inc administers about 114 client accounts.

Matrix Private Wealth Solutions, Inc's central office is located at 7700 Irvine Center Drive, Irvine, California 92618. The firm is legally registered to provide services to customers in the state of California.

Assets Under Management

$23.1 million

Number of Advisors

1

Disclosures

No

Office Location

7700 Irvine Center Drive
Irvine, CA 92618

Matrix Private Wealth Solutions, Inc by the Numbers

Total Assets Under Management

$23.1 million

National Average: $3.7 billion
Total Number of Employees

3

National Average: 29
Total Number of Accounts

114

National Average: 2,073
Average Account Size

$202.7 thousand

National Average: $1.8 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

Matrix Private Wealth Solutions, Inc provides a number of financial services, including portfolio management for individuals and small businesses, pension consulting services, selection of other advisers and educational seminars. The company does not sell products or offer services apart from investment advisory services to its investment advisory accounts. The company is also affiliated with one or more other companies in the financial services industry, including with an insurance company or agency.

Core Advisor Services

  • Find a firm that offers this service

    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 62% 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

  • Offered by 23% of firms

    Selection of Other Advisors

    This is the firm's assistance with choosing other advisors to work with who may have different specialties.

  • Find a firm that offers this service

    Publication of Periodicals

    This is the publication of various financial education materials.

  • Offered by 10% of firms

    Educational Seminars/Workshops

    This is the hosting of seminars or workshops to educate investors on financial concepts.

Back to Overview

Fee Structure

Fees for financial advisory services typically vary depending on the services offered. However, fees billed by the company may include some blend of the following fee structures: asset-based or fixed. The firm does not supply a wrap fee program, in which the firm offers a bundle of services for a single fee. The company can withdraw the fees directly from customer funds.

Available

  • Offered by 74% 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.

  • Offered by 40% of firms

    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.

Unavailable

  • Find one of the 35% 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 2% 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 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 114 accounts, Matrix Private Wealth Solutions, Inc's largest client by number of accounts is retail investors, but it also serves 13 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its customers are from outside of the U.S.

  • High-Net-Worth Individuals* - 36.11%
  • Other Individuals - 63.89%
  • 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

Matrix Private Wealth Solutions, Inc 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

Financial Advisors at Matrix Private Wealth Solutions, Inc

Richard Beidl
Irvine, CA

Not sure which advisor is right for you? Use our matching tool

Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

Back to Overview

This content was compiled from the SEC and FINRA