WELA FINANCIAL ADVISORY

RIASEC RegisteredEst. 2011

Total AUM

$657M

Discretionary

$657M

100% of AUM

Avg account

$424K

Accounts

1,548

Employees

Advisory reps

Firm details

Headquarters: SAN ANTONIO, Texas
CRD number: 126266
Registered since: August 3, 2011
Website: www.brentforrest.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI80.32%
Individuals18.59%
Pension & Profit Sharing Plans0.38%
Charitable Organizations0.38%
Other0.32%
Services: Financial PlanningPortfolio Management for IndividualsPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Wela Financial Advisory is an independent, SEC-registered RIA organized as an LLC and operating since 2011. The firm serves both individual & family clients and institutional relationships, and is owned by an individual principal. Its advisory offering centers on financial planning and portfolio management for individuals and small businesses, supplemented by publications and educational seminars or workshops. Wela charges fees based on a percentage of AUM and also offers hourly and fixed-fee engagements. The firm does not position itself as a capital allocator, does not identify as an active ESG investor, and is not described as a multi-state adviser. Wela was named a "Top RIA Firms to Watch" by investor.com in 2020.