Traust Sollus Wealth Management, Llc (Princeton)
Traust Sollus Wealth Management, Llc Is a Large Advisory Firm Based in Princeton. It Manages $410.5 Million of Regulatory Assets for 808 Client Accounts. It...
Traust Sollus Wealth Management, LLC is a large advisory firm based in Princeton. It manages $410.5 million of regulatory assets for 808 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut, Florida, Louisiana, and 5 other states.
Traust Sollus Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and advice on matters not involving securities.. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Traust Sollus Wealth Management: assets under management
The assets under management (AUM) of Traust Sollus Wealth Management, LLC is $410.5 million. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $392.38 million in discretionary accounts and $18.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $515.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $385.61 thousand.
Investments
The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is investment and business development companies, which make up 37% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.
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