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 formed in 2016 and organized as an LLC. The firm positions itself as a capital allocator serving both individual/family and institutional clients, offering financial planning and discretionary portfolio management across individuals, small businesses and institutional accounts. Their advisory services include pension consulting and the selection of third‑party advisers; they also act as an Other Financial Product Salesperson and maintain affiliations that include broker‑dealer, other investment adviser, CPO/CTA, insurance company and sponsor/GP roles. Fee arrangements include percentage of AUM, hourly and fixed-fee options. Waddell & Associates was recognized in industry lists, appearing on FA Magazine’s Top RIA Firms in 2020 and Forbes’ America’s Top RIA Firms in 2023. The firm does not identify as an active ESG investor.