9AT: WULFF, HANSEN & CO.

WULFF, HANSEN & CO.

other names

Revenue	{{ Info.Revenue \| formatUSD }}
Headquarters	{{ Info.Headquarters }}

Adviser Profile

As of Date	03/26/2025
Adviser Type - Large advisory firm
Number of Employees	9 -10.00%
of those in investment advisory functions	3
Registration	California, Terminated, 08/17/2022
Other registrations (2)	Texas, Terminated, 07/18/2022 SEC, Approved, 07/15/2022

AUM^*	132,528,477 21.66%
of that, discretionary	132,528,477 21.66%
Private Fund GAV^*	0
Avg Account Size	960,351 22.55%
% High Net Worth	46.72% -11.05%
SMA’s	No
Private Funds	0
Contact Info	415 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pension and profit sharing plans
- Charitable organizations

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

Reported AUM

126M 108M 90M 72M 54M 36M 18M

2022 2023

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Top Holdings

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker09260D107	Stock NameBLACKSTONE INC	$ Position$7,596,065	% Position7.00%	$ Change-20.00%	# Change-1.00%
Stck Ticker023135107	Stock NameAMAZON COM INC	$ Position$4,134,350	% Position4.00%	$ Change-10.00%	# Change4.00%
Stck Ticker92204A702	Stock NameVANGUARD WORLD FDS	$ Position$4,866,233	% Position4.00%	$ Change-13.00%	# Change-1.00%
Stck Ticker02079K305	Stock NameALPHABET INC	$ Position$4,019,867	% Position4.00%	$ Change-19.00%	# Change0.00%
Stck Ticker594918104	Stock NameMICROSOFT CORP	$ Position$3,804,953	% Position3.00%	$ Change-22.00%	# Change-13.00%
Stck Ticker742718109	Stock NamePROCTER AND GAMBLE CO	$ Position$3,530,932	% Position3.00%	$ Change1.00%	# Change-1.00%
Stck Ticker037833100	Stock NameAPPLE INC	$ Position$3,552,652	% Position3.00%	$ Change33.00%	# Change50.00%
Stck Ticker22160K105	Stock NameCOSTCO WHSL CORP NEW	$ Position$3,337,658	% Position3.00%	$ Change1498.00%	# Change55.00%
Stck Ticker75513E101	Stock NameRAYTHEON TECHNOLOGIES CORP	$ Position$2,865,507	% Position3.00%	$ Change13.00%	# Change-1.00%
Stck Ticker46625H100	Stock NameJPMORGAN CHASE & CO	$ Position$3,086,119	% Position3.00%	$ Change0.00%	# Change-2.00%

Brochure Summary

Overview

Wulff, Hansen & Co. is an investment advisor and is also a registered securities broker/dealer and registered municipal advisor. We were established in 1931 and have been active in our investment businesses for more than 90 years. We are a privately owned firm based in the San Francisco Bay area and are owned by some of our employees. The only person owning or controlling more than 25% of our stock is Mr. Christopher Charles. Our advisory business consists largely of providing investment management or supervisory services to our clients on a continuing basis. We can also, where appropriate, provide investment advice or consultation in specific non-recurring situations where ongoing advice or supervision are not required by the client. Our advice is directed toward the management of investment portfolios generally consisting of relatively liquid publicly traded securities. We do not provide the services commonly referred to as ‘financial planning’, nor do we manage portfolios including investments such as directly owned real estate, mortgages, insurance, collectibles, crypto-currencies such as Bitcoin,

NFTs (non-fungible tokens) or other non-securities investments. These limitations on the services we offer do not reduce risk and may add to it. Other firms could provide advice on these or a wider range of choices, some of which might have lower costs. Our investment decisions take into consideration the individual needs, objectives, and circumstances of our individual clients, and as a result our clients’ portfolios will likely differ somewhat from one to the next. In general, our clients do not themselves impose restrictions on investing in certain securities or types of securities, but if this is important to a client we ask that the client let us know so that we can discuss the matter with him or her. We do not offer or participate in ‘wrap fee’ programs or manage investment advisory accounts on any basis other than those described in this Brochure when we are providing services to a client as a Registered Investment Advisor under an investment advisory agreement. As of December 31, 2023 investment advisory client assets under active discretionary management were approximately $124 million.