WEALTHCARE ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 2023

Total AUM

$211M

Discretionary

$211M

100% of AUM

Avg account

$191K

Accounts

1,103

Employees

Advisory reps

Firm details

Headquarters: SPRINGFIELD, Missouri
CRD number: 170382
Registered since: November 27, 2023
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC, SEI INVESTMENTS DISTRIBUTION CO.
Fee structure: Percentage of AUM
Client types: Individuals51.44%
HNWI43.86%
Pension & Profit Sharing Plans3.92%
Corporations / Businesses0.7%
Charitable Organizations0.08%
Services: Portfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Wealthcare Asset Management, LLC is an SEC-registered limited liability company (registered in 2023) that operates as a capital allocator for both individual/family and institutional clients. The firm is individually owned and charges fees based on a percentage of assets under management. Its stated advisory activities emphasize portfolio management for individuals and small businesses and the selection of other advisers, indicating a hybrid approach that combines direct client management with outsourced manager selection. Wealthcare identifies as an active allocator into third-party managers, is not classified as an ESG investor, and lists an insurance company among its industry affiliations.