Wiseman Wealth, LLC (Winchester)

Name: Wiseman Wealth, LLC
Address: 27 West Boscawen Street, Winchester, VA, 22601
Telephone: 540-722-6403

Wiseman Wealth, LLC is a large advisory firm based in Winchester. It manages $145 million of regulatory assets for 170 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Pennsylvania, Texas, Virginia, and West Virginia.

Wiseman Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wiseman Wealth: assets under management

The assets under management (AUM) of Wiseman Wealth, LLC is $145 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 45% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $145 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $852.94 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wiseman Wealth, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wiseman Wealth serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Wiseman Wealth is high net worth individuals with 65 clients and $110 million of assets under management. Among the 5 most similar advisory firms, Wiseman Wealth has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $145 million for 170 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Wiseman Wealth doesn't advise any private funds.

Careers at Wiseman Wealth, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Reid Wiseman	Principal	1 Oct 2013	Other	1358050
Jeffrey Allan Hahn	Managing director/cco	1 Oct 2013	Other	4952876
Ltd Wiseman And Associates Financial Services	Owner	1 Oct 2013	75% - 100%	54-1741072

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Reid Wiseman	President / owner	1 Dec 1994	75% - 100%	1358050

Based in Winchester

The principal office where Wiseman Wealth, LLC performs its advisory services is located at 27 West Boscawen Street, Winchester, VA 22601 The mailing address of the firm is 115 The Plains Road, Middleburg, VA 20117. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 540-722-6403 or by fax 540-722-6405. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wisemanandassociates.com.