WMS Advisors, LLC

RIASEC RegisteredEst. 2017

Total AUM

$281M

Discretionary

$249M

89% of AUM

Avg account

$684K

Accounts

411

Employees

Advisory reps

Firm details

Headquarters: Charlotte, North Carolina
CRD number: 122224
Registered since: February 7, 2017
Website: www.wmsadvisors.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges
Client types: HNWI88.59%
Individuals9.94%
Charitable Organizations1.23%
Pension & Profit Sharing Plans0.24%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

WMS Advisors, LLC is an independent, privately owned registered investment adviser formed as a limited liability company and SEC-registered in 2017. The firm focuses on serving individual and family clients with a mix of financial planning and discretionary portfolio management. Its fee model combines assets-under-management billing with hourly charges, and the firm also operates as a registered representative of a broker-dealer and as an insurance broker, which supports its distribution of insurance and annuity products. Advisory offerings include financial planning, portfolio management for individuals and small businesses, pension consulting services, and selection of third-party advisers. WMS positions itself as a capital allocator that places client capital with external managers when appropriate. The firm is not an active ESG investor and lists an accountant among its industry affiliations.