Sherman Wealth Management LLC

RIASEC RegisteredEst. 2024
Total AUM
$160M
Discretionary
$156M
97% of AUM
Avg account
$402K
Accounts
399
Employees
5
Advisory reps
3

Firm details

Headquarters
Gaithersburg, Maryland
CRD number
281093
Registered since
September 16, 2024
Website
shermanwealth.com
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI69.89%
  • Individuals26.59%
  • Pension & Profit Sharing Plans3.52%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Sherman Wealth Management LLC is an independent, SEC-registered registered investment adviser (registration year 2024) organized as an LLC and owned by an individual. The firm serves individual and family clients and functions as a capital allocator, combining fee models that include percentage of AUM, hourly, and fixed-fee arrangements. Advisory services center on financial planning and portfolio management for individuals and small businesses, complemented by pension consulting, selection and oversight of third-party advisers, and educational workshops.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 80%, Exchange Traded Equities 7%, Cash & Cash Equivalents 7%, US Government Bonds 5%, Non-Exchange Traded Equities 1%80%
  • Public Funds/Mutual Funds80%
  • Exchange Traded Equities7%
  • Cash & Cash Equivalents7%
  • US Government Bonds5%
  • Non-Exchange Traded Equities1%

Contacts

3 of 3
  • Bradley Sherman

    Bradley Sherman

    PresidentCRD 5908754

  • Andrew Prescott

    Andrew Prescott

    President and Financial PlannerCRD 4877660

  • Ashley Perlmutter

    Ashley Perlmutter

    Director of Client ExperienceCRD 7433021

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 83

Active vs passive

$144M in ETFs

Passive

69%

$99.8M

Active

14%

$44M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD WORLD FUND (MGK)VanguardPassiveLarge Growth$14M159,7439.77%
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Location

Primary office

Gaithersburg, MD

Montgomery

Location

Gaithersburg, MD

Headquartered in Gaithersburg, MD, anchoring the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA metro in the South.

Metro area
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Region
South
County
Montgomery
Address
9841 Washingtonian Blvd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth