WADDELL & ASSOCIATES, LLC

RIASEC RegisteredEst. 2016

Total AUM

$2.4B

Discretionary

$2.3B

99% of AUM

Avg account

$800K

Accounts

2,969

Employees

Advisory reps

Firm details

Headquarters: MEMPHIS, Tennessee
CRD number: 283723
Registered since: May 18, 2016
Website: wealthstrategists.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI74.01%
Individuals20.2%
Pension & Profit Sharing Plans3.77%
Corporations / Businesses1.94%
Charitable Organizations0.08%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Waddell & Associates, LLC is an independent registered investment adviser organized as an LLC and registered with the SEC since 2016. The firm acts as a capital allocator and provides a mix of financial planning and discretionary portfolio management for individuals, families, small businesses and institutional clients. Its advisory services include portfolio management for both individuals and institutions, pension consulting work, and selection of outside managers. Compensation arrangements are flexible and include percentage-of-AUM fees alongside hourly and fixed-fee engagements. The firm maintains several industry relationships beyond its RIA role: filings list affiliations with broker-dealers, other investment advisers, commodity pool/CTA structures, an insurance company, and roles as sponsor/GP or managing member of pooled investment vehicles. Waddell & Associates has received industry recognition, appearing on FA Magazine’s Top RIA Firms list in 2020 and on Forbes’ America’s Top RIA Firms list in 2023. The firm’s filings indicate it does not classify itself as an active ESG investor.