Wp Global Partners LLC

CRD#135689
Investment Advisor Firm

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Overview

Wp Global Partners LLC operates as an advisory company headquartered in Chicago, Illinois. The company manages $3.8 billion in assets under management over 60 accounts, placing it among the largest investment advisory firms in the United States by assets under management (AUM). It has a small group, including 14 financial advisors. Wp Global Partners LLC does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer firm to do so. Securities are tradable fiscal assets such as options, stocks and bonds.

Wp Global Partners LLC manages 56 of its accounts in a discretionary manner. Discretionary management signifies that an investment advisor makes buy and sell judgments for the client's account without requiring client authorization. It also oversees four non-discretionary accounts totaling $630.9 million in assets. Wp Global Partners LLC oversees roughly $63.3 million for each client account. The typical financial advisor at Wp Global Partners LLC administers around four client accounts, making it one of the most individualized advisor firms in the country.

The company's central office is at 155 N. Wacker Drive, Chicago, Illinois 60606-1727.

Assets Under Management

$3.8 billion

Number of Advisors

14

Disclosures

No

Office Location

155 N. Wacker Drive
Chicago, IL 60606-1727

Wp Global Partners LLC by the Numbers

Total Assets Under Management

$3.8 billion

National Average: $8.6 billion
Total Number of Employees

32

National Average: 64
Total Number of Accounts

60

National Average: 375,227
Average Account Size

$63.3 million

National Average: $23.0 thousand
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Products and Services

Services offered by Wp Global Partners LLC can include portfolio management for pooled investment vehicles and selection of other advisers. It does not sell products or offer services aside from investment advisory services to its investment advisory accounts.

Core Advisor Services

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    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.

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    Portfolio Management

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

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    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.

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    Publication of Periodicals

    This is the publication of various financial education materials.

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    Educational Seminars/Workshops

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

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Fee Structure

Fees charged by financial advisors are based on which service is offered. Fees billed by Wp Global Partners LLC can consist of any combination of the following fee types: asset-based, fixed, performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.

Available

  • Offered by 69% of firms

    Percentage of Assets

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    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 26% of firms

    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.

  • 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.

  • Offered by 10% of firms

    Other

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

Unavailable

  • Find one of the 21% of firms that offer this fee type

    Hourly

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    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 1% of firms that offer this fee type

    Commissions

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    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 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.

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Types of Clients

It caters to pooled investment vehicles. Out of its 60 customers, Wp Global Partners LLC's largest client type is pooled investment vehicles. Around 47% of the company's customers are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • 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

Wp Global Partners LLC does not have any disclosures.

Please visit its Form ADV for more details.

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The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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