Western International Securities
Assets Under Management
$3.5B
Number of Clients
6,928
Number of Advisors
N/A
Average Client AUM
$507K
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Western International Securities, Inc. (WIS) provides a full line of services as a registered securities broker-dealer and investment adviser. They offer various advisory programs including Contour Platform, Discretionary Investment Management Program (AdvisorOne), and Third-Party Money Manager (TPMM) programs. WIS does not sell proprietary products. IARs are independent contractors and can develop their own investment philosophies and strategies.
Fee Structure
Western and its IARs are compensated for services by charging an advisory fee, typically calculated as a percentage of assets under management. Fees vary based on the advisory service provided. The advisory fee is shared between the IAR and Western. Platform fees and third-party money manager fees are generally non-negotiable, but the IAR can negotiate their advisory fee. Certain programs offer householding for a lower fee schedule. Clients are also charged fees for specific account services within AdvisorOne or Contour accounts. The costs associated with an advisory account may be more than a traditional brokerage account.
Areas of Practice
Location
70 S. Lake Ave., Suite 700, Pasadena, CA, 91101