Vista Wealth Management Group, LLC is a financial advisor firm headquartered in Palo Alto, California. The firm works with individuals and high-net-worth individuals as well as also advises corporations, charitable organizations and other entities. The firm has a relatively high minimum account size at $2 million.
Vista Wealth Management was founded in 1999. Through an evidence-based approach to long-term investing, the firm offers both investment advisory services and financial planning services to its clients. Vista is on our list of the top financial advisors in Palo Alto.
Vista Wealth Management Background
Vista Wealth Management was founded in 1999. Co-founder and CEO Michael Spector brought his years of experience in personal finance to create a firm that gets 100% of its revenue from clients so that the interests of firm are always aligned with those of the client. It is a fee-only firm.
Vista Wealth Management Client Types and Minimum Account Sizes
Vista Wealth Management’s clients include individuals, high-net-worth individuals, pension and profit-sharing plans, charitable organizations and corporations. The majority of clients are individuals and high-net-worth individuals.
Vista Wealth Management generally imposes a minimum account size of $2 million for investment management services. Multiple accounts for the same client may be aggregated to meet the minimum account value.
Services Offered by Vista Wealth Management
Vista Wealth Management offers a range of services to its clients under the two broad umbrellas of investment advisory services and financial planning. They are as follows:
- Investment advisory services
- Asset allocation
- Asset location
- Concentrated positions
- Investment execution
- Tax loss harvesting
- Financial Planning
- Tax planning
- Estate and gift planning
- Debt management
- Risk management
- Charitable planning
Vista Wealth Management Investment Philosophy
When it comes to analyzing securities, Vista Wealth Management relies on trend analysis, historical data and price data in order to determine securities that are being undervalued. The firm looks to select securities and investment products that the market is undervaluing, then build diversified portfolios across several asset classes.
The firm may use a long-term purchase strategy, a short-term purchase strategy, a trading strategy or a mix of the three, depending on the risk tolerance and financial preferences of the specific client.
Fees Under Vista Wealth Management
For investment advisory fees, Vista Wealth Management charges fees according to the schedule below. These fees are billed quarterly and in advance. The firm institutes a minimum annual fee of $19,000.
|Vista Wealth Management Fees
For stand-alone financial planning and consulting, the firm charges an hourly fee, which can range from $250 to $500 per hour depending on a number of factors, including the complexity of your situation, your existing relationship with the firm and the size of your account.
The below table shows how Vista Wealth Management's fees for its investment advisory services compare to the national median. Remember that these are only estimates and actual fees may vary.
|Estimated Fee Comparison*
|Vista Wealth Management Fees
|*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Learn more about advisors' typical costs here.
What to Watch Out For
Vista Wealth Management does not have any disclosures on its legal and regulatory record.
Opening an Account With Vista Wealth Management
You can get in touch with Vista Wealth Management by filling out the contact form provided on its website. The form requests your first and last name, email address, phone number and a brief message or question. If you’d prefer to call the firm, the phone number is (650) 252-0550.
All information is accurate as of the writing of this article.
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