Wealthcare Advisory Partners LLC

RIASEC Registered

Total AUM

$8.3B

Discretionary

$7.9B

96% of AUM

Avg account

$336K

Accounts

24,675

Employees

243

Advisory reps

177

Firm details

Headquarters: West Chester, Pennsylvania
CRD number: 171976
Registered since: July 14, 2014
Website: www.wealthcaregdx.com
Custodians: LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI64.16%
Individuals28.65%
Pension & Profit Sharing Plans5.58%
Corporations / Businesses1.09%
Charitable Organizations0.52%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Wealthcare Advisory Partners LLC operates as an independent registered investment adviser; it registered with the SEC in 2014. The firm positions itself as a hybrid wealth manager and capital allocator serving both individual/family and institutional clients. Its advisory menu includes financial planning, portfolio management for individuals and businesses, pension consulting, and the selection of outside advisers. Fee arrangements are flexible: percentage-of-AUM, hourly, and fixed-fee engagements are used depending on the client and service. The firm does not identify as an active ESG investor. It also describes itself as a capital allocator, indicating a deliberate practice of sourcing and allocating to external managers across multiple investment strategies.