Sta Wealth Management, Llc (Houston)
Sta Wealth Management, Llc Is a Large Advisory Firm Based in Houston. It Manages $1.29 Billion of Regulatory Assets for 3,265 Client Accounts. It Has Been...
Sta Wealth Management, LLC is a large advisory firm based in Houston. It manages $1.29 billion of regulatory assets for 3,265 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, Colorado, Florida, and 4 other states.
Sta Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and radio talk show "sta money hour". It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
Sta Wealth Management: assets under management
The assets under management (AUM) of Sta Wealth Management, LLC is $1.29 billion. The firm's AUM has grown by 126% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $1.18 billion in discretionary accounts and $106.37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $374.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1 million.
Sta Wealth Management has custody of $14.6 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 29% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.
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