Overview
The Worley Banks Group, LLC (hereinafter called “WBG”) is a Registered Investment Adviser
based in Creve Coeur, Missouri, and incorporated under the laws of the State of Missouri. WBG
is owned by Timothy Banks. WBG is registered with the SEC and subject to the rules and
regulations of the US Advisers Act. Founded in May 2020, WBG provides investment advisory
services, which may include, but are not limited to, the review of client investment objectives
and goals, recommending asset allocation strategies of managed assets among investment
products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written
investment strategies. Our investment advice is tailored to meet our clients’ needs and
investment objectives. Clients may impose restrictions on investing in certain securities or types
of securities (such as a product type, specific companies, specific sectors, etc.) by providing a
signed and dated written notification, of which an e-mail is also an acceptable form of
notification. WBG also provides financial planning consulting services including, but not
limited to, risk assessment/management, investment planning, estate planning, financial
organization, or financial decision making/negotiation.
WBG provides investment advisory and other financial services through its Investment Advisory
Representative ("IAR") to accounts opened with WBG. Managed Accounts are available to
individuals and high net worth individuals.
WBG provides discretionary investment
advisory services to some of its clients through various
managed account programs. WBG will assist clients in determining the suitability of the
Managed Account Programs for the client. The IAR is compensated through a comprehensive
single fee and the account may be assessed other charges associated with conducting a brokerage
business. WBG and its IAR, as appropriate, will be responsible for the following:
• Performing due diligence
• Recommending strategic asset and style allocations
• Providing research on investment product options, as needed
• Providing client risk profile questionnaire
• Obtaining investment advisory contract from client with required financial, risk tolerance,
suitability and investment vehicle selection information for each new account
• Performing client suitability check on account documentation, review the investment
objectives and evaluate the investment vehicle selections
• Providing Firm Brochure (this document)
Financial Institution Consulting Services
The Worley Banks Group, LLC provides investment consulting services to certain
broker/dealers’ customers (“Brokerage Customers”) who provide written consent requesting to
receive the firm’s consulting services. Brokerage Customers have entered into a written advisory
agreement with WBG.
As of March 5, 2024, the firm has the following assets under management:
Discretionary AUM: $142,713,923
Non-discretionary AUM: $ 0
Form ADV, Part 2A, Item 5