Sun Group Wealth Partners LLC

CRD#166372
Investment Advisor Firm

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Learn more about Sun Group Wealth Partners LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Sun Group Wealth Partners LLC is a financial advisory company headquartered in Irvine, California. Sun Group Wealth Partners LLC has $118.4 million in assets across 535 accounts, making it a mid-tier firm in the United States by assets under management (AUM). Sun Group Wealth Partners LLC has a small group, including 2 financial advisors. Sun Group Wealth Partners LLC does not act as a registered broker-dealer, signifying that it cannot buy and sell securities for its customers' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are exchangable financial assets such as equities, options and bonds.

    Sun Group Wealth Partners LLC manages 472 of the firm's client assets on a discretionary basis. Discretionary management is a structure in which an investment advisor makes transaction judgments without needing to seek client consent. The company also administers 63 non-discretionary accounts totaling $9.5 million in assets under management. Sun Group Wealth Partners LLC's typical account size is $221,335. The average financial advisor at Sun Group Wealth Partners LLC administers around 268 client accounts.

    The company's headquarters is at 17500 Red Hill Ave, Irvine, California 92614. It is legally allowed to serve customers throughout 5 states, including Arizona, California, Nevada, New Hampshire and Texas.

    Assets Under Management

    $118.4 million

    Number of Advisors

    2

    Disclosures

    No

    Office Location

    17500 Red Hill Ave
    Irvine, CA 92614

    Sun Group Wealth Partners LLC by the Numbers

    Total Assets Under Management

    $118.4 million

    National Average: $8.6 billion
    Total Number of Employees

    8

    National Average: 64
    Total Number of Accounts

    535

    National Average: 375,227
    Average Account Size

    $221.3 thousand

    National Average: $23.0 thousand
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    Products and Services

    Sun Group Wealth Partners LLC offers a variety of financial services, including financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. Notably, Sun Group Wealth Partners LLC did not provide any of its customers with financial planning services in the previous financial year. It is not engaged in selling products or offering services apart from investment advisory services to its investment advisory customers. The firm is also affiliated with a number of other service providers in the financial services industry, including with a broker-dealer or securities dealer and insurance company or agency.

    Core Advisor Services

    • Offered by 31% 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 46% 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 20% of firms

      Selection of Other Advisors

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

    • Offered by 3% of firms

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Offered by 6% of firms

      Educational Seminars/Workshops

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

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    Fee Structure

    Fees for financial advisory services largely vary depending on the type of financial services provided. Fees billed by Sun Group Wealth Partners LLC likely consist of the following fee structures: asset-based, hourly or fixed. Sun Group Wealth Partners LLC participates in a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.

    Available

    • Offered by 69% 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 21% of firms

      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.

    • Offered by 32% 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 1% 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 26% 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 0% 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 10% 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.

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    Types of Clients

    The firm caters to retail investors, high net worth investors and pension plans. Out of its 535 accounts, Sun Group Wealth Partners LLC's largest client type is retail investors, although it also caters to 57 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's customers reside abroad.

    • High-Net-Worth Individuals* - 22.01%
    • Other Individuals - 76.06%
    • Corporations - 1.93%
    • 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.

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    Disclosures

    Sun Group Wealth Partners LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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