West Paces Advisors, Inc. is a large advisory firm based in Atlanta. It manages $409.11 million of regulatory assets for 413 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, Georgia, and Texas.
West Paces Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
West Paces Advisors: assets under management
The assets under management (AUM) of West Paces Advisors, Inc. is $409.11 million. The firm's AUM has gone down by -5% since the beginning of its operation, and $2.25 million of the total AUM is attributable to clients outside of the United States.
The firm manages $408.83 million in discretionary accounts and $280.15 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $992.3 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $280.15 thousand.
West Paces Advisors has custody of $116.02 million in cash and securities for 44 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 62% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.
