Solidarity Wealth, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Solidarity Wealth, LLC
Overview
Solidarity Wealth, LLC is a financial advisory company located in Lehi, Utah. Solidarity Wealth, LLC oversees $375.5 million in total assets throughout 405 customer accounts, making it one of the bigger firms in the country by assets under management (AUM). It has a small group, including 7 financial advisors. Solidarity Wealth, LLC does not act as a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer company to do so. Securities are defined as exchangable fiscal investments like bonds, options and stocks.
Solidarity Wealth, LLC manages the majority of the company's accounts on a discretionary basis. Discretionary management means that transaction judgments for the client's account are made by a portfolio manager without needing to seek the customer's permission. Solidarity Wealth, LLC also manages four non-discretionary accounts totaling $10.1 million in AUM. The investment advisory firm's typical account size is $927,174. The typical advisor at Solidarity Wealth, LLC administers about 58 client accounts, placing it towards the middle in terms of personalization.
Solidarity Wealth, LLC's main office is located at 3600 N Outlet Parkway, Lehi, Utah 84043. The firm is registered to serve clients throughout 2 states, including Texas and Utah.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Solidarity Wealth, LLC by the Numbers
$375.5 million
14
405
$927.2 thousand
Products and Services
Services that Solidarity Wealth, LLC provides can include financial planning services and portfolio management for individuals and small businesses. However, the company did not provide any of its clients with financial planning services in the prior fiscal year. Solidarity Wealth, LLC is not engaged in selling products or offering services apart from investment advice to its investment advisory clients. The firm is also affiliated with one or more other companies in the financial services industry, including with a lawyer or law firm.
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
-
Find a firm that offers this service
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.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial management typically vary depending on the financial services provided. Fees charged by Solidarity Wealth, LLC can include the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are offered by Solidarity Wealth, LLC.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 0% of firms
Subscription
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company caters to retail investors and high net worth investors. Out of its 405 customers, Solidarity Wealth, LLC's biggest client type by number of accounts is high net worth investors, although it also manages money for 108 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 more than $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 customers are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 83.08%
- Other Individuals - 16.92%
- 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.
Disclosures
Solidarity Wealth, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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.
Financial Advisors at Solidarity Wealth, LLC
Lehi, UT
Lehi, UT
Lehi, UT
Lehi, UT
Lehi, UT
Lehi, UT
Lehi, UT
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
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.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.