August Velten is a registered investment advisor at Simplicity Wealth, based in Summit, NJ, with 13 years of industry experience. August operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 5,619 clients with $3.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Simplicity Wealth's fees are based on a percentage of your assets under management, ranging from 0.10% to 2.00%. The specific fee depends on the services selected by your advisor. The fees cover investment management, research, monitoring, and other operational services. Additional fees may include model manager fees, custodial fees, and transaction fees. Simplicity Wealth also offers proprietary model portfolios.
Location
475 Springfield Ave., Suite #1, Summit, NJ, 07901
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
August is the owner and president of August H. Velten & Associates, where he sells life, health insurance, and annuities. This takes nearly full-time hours, with about half of August's time spent during trading hours.
Employment History
Current Registrations
Simplicity Wealth
Previous Registrations
Horter Investment Management, LLC
Redhawk Wealth Advisors, INC.
State Registrations1 state
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