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, individually owned registered investment adviser that provides financial planning and portfolio management for individuals and small businesses. The firm also offers pension consulting, adviser selection services and educational seminars. Its fee arrangements include AUM-based fees, hourly charges and fixed fees. Sherman identifies as a capital allocator and serves a private client base rather than institutions. The firm is not an active ESG investor and is reported as not a multi-state adviser on the snapshot data.

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

    PresidentCRD 5908754

  • ANDREW PRESCOTT

    President and Financial PlannerCRD 4877660

  • 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 79

Active vs passive

$127M in ETFs

Passive

68%

$85.7M

Active

16%

$41.1M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD WORLD FUND (MGK)VanguardPassiveLarge Growth$11.9M32,2629.35%
Unlock additional holdings →

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