Forthright Wealth Management, Llc (Alpharetta)
Forthright Wealth Management, Llc Is a Large Advisory Firm Based in Alpharetta. It Manages $293.02 Million of Regulatory Assets for 1,119 Client Accounts. It...
Forthright Wealth Management, LLC is a large advisory firm based in Alpharetta. It manages $293.02 million of regulatory assets for 1,119 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Georgia, Nebraska, Tennessee, and Texas.
Forthright Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
Forthright Wealth Management: assets under management
The assets under management (AUM) of Forthright Wealth Management, LLC is $293.02 million. The firm's AUM has grown by 105% since the beginning of its operation, and $766 thousand of the total AUM is attributable to clients outside of the United States.
The firm manages $285.08 million in discretionary accounts and $7.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $396.85 thousand.
Forthright Wealth Management has custody of $22.04 million in cash and securities for 42 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.
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