CHARTER WEALTH MANAGEMENT

RIASEC RegisteredEst. 2020

Total AUM

$196M

Discretionary

$192M

98% of AUM

Avg account

$843K

Accounts

232

Employees

Advisory reps

Firm details

Headquarters: RALEIGH, North Carolina
CRD number: 162299
Registered since: January 3, 2020
Website: charterwm.com
Custodians: CHARLES SCHWAB & CO., INC., EMPOWER FINANCIAL SERVICES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans58.62%
HNWI25.2%
Individuals9.24%
Charitable Organizations6.94%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Charter Wealth Management is an independent, corporate registered investment adviser that began formal SEC registration in 2020 and is owned by an individual. The firm serves both high-net-worth individuals and families as well as institutional and business clients. It operates as a capital allocator and provides a mix of advisory services including financial planning, portfolio management for individuals and small businesses, pension consulting and selection of other advisers, plus educational seminars and workshops. Fee arrangements are flexible: percentage-of-AUM billing is available alongside hourly and fixed-fee engagements. The firm is not positioned as an active ESG investor and it does not present itself as a multi-state adviser. Charter Wealth tends to build client portfolios around pooled public funds as the core exposure while selectively allocating to third-party managers for alternative strategies such as hedge funds and real estate.