Arnold Weitz & Co

Arnold Weitz & Co. provides investment advisory and financial planning services primarily to individuals, families, trusts, and select institutions, serving a small client base while managing roughly $438 million in assets. Services include personalized portfolio management, access to mutual funds and fixed income securities, and standalone or ongoing financial planning support.

The firm constructs individualized portfolios that emphasize larger, dividend-paying companies and, where appropriate, balanced allocations with investment-grade fixed income and preferred securities; recommendations draw on empirical analysis together with client goals and preferences. Accounts are managed both discretionary and non-discretionary, with ongoing supervision and quarterly reporting, and the firm also uses third-party sub-advisory and wrap program platforms to implement strategies.

Distinctive aspects include the firm’s dual role as a registered representative of Raymond James Financial Services, Inc., and its participation as a sponsor/sub-adviser in Raymond James wrap fee programs, arrangements that coexist with commission-generating transactional activity. Compared with many peers, Arnold Weitz & Co. oversees an unusually large amount of assets per advisor and a majority of its advisory assets are managed on a non-discretionary basis, factors that can affect how services and fee programs are structured.