OLD NORTH STATE WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2008
Total AUM
$453M
Discretionary
$428M
95% of AUM
Avg account
$403K
Accounts
1,124
Employees
6
Advisory reps
6

Firm details

Headquarters
WILMINGTON, North Carolina
CRD number
148659
Registered since
October 24, 2008
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Commissions, Other
Client types
  • HNWI72.6%
  • Individuals26.93%
  • Corporations / Businesses0.24%
  • Charitable Organizations0.15%
  • Pension & Profit Sharing Plans0.08%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Old North State Wealth Management, LLC is an independent registered investment adviser formed in 2008 and organized as an LLC under individual ownership. The firm positions itself as a multi-service wealth manager and capital allocator serving both individual/family and institutional clients. Its advisory services span comprehensive financial planning, discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, pension consulting, and the selection/oversight of sub‑advisers. The firm reports using a variety of billing arrangements (percentage of AUM, hourly, fixed fees, commissions and other fee types) and identifies itself as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 43%, Public Funds/Mutual Funds 41%, Cash & Cash Equivalents 11%, Derivatives 4%, Investment Grade Corp Bonds 1%43%
  • Exchange Traded Equities43%
  • Public Funds/Mutual Funds41%
  • Cash & Cash Equivalents11%
  • Derivatives4%
  • Investment Grade Corp Bonds1%

Owners & executives

2 of 2
  • DAVID PARSONS

    President, CEOCRD 856871

  • DANIELLE ANNECHIARICO

    Chief Compliance OfficerCRD 5582433

Contacts

3 of 4
  • PAUL KNOTT

    Managing PartnerCRD 2958392

  • William Hedrick

    Financial AdvisorCRD 7255435

  • THEODORE ARNHEITER

    Investment Adviser RepresentativeCRD 1912683

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 27

Active vs passive

$24.8M in ETFs

Passive

84%

$20.9M

Active

7%

$4M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD VALUE INDEX FUND (VTV)VanguardPassiveLarge Value$4M20,30716.06%

Location

Primary office

WILMINGTON, NC

NEW HANOVER

Location

WILMINGTON, NC

Headquartered in WILMINGTON, NC, in the South of the United States.

Region
South
County
NEW HANOVER
Address
1430 Commonwealth Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth