ACUMEN WEALTH ADVISORS, LLC
Adviser information for ACUMEN WEALTH ADVISORS, LLC last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Tennessee, United States |
Employees
| Total Number of Employees | 17 |
|---|---|
| Investment Advisory/Research | 10 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 9 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 235 | $385.7M |
| Non-Discretionary | 12 | $41.6M |
| Total | 247 | $427.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 111 | $30.5M |
| HNW Individuals | 116 | $310.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $9.4M |
| Pension and profit sharing plans | 12 | $44.1M |
| Charitable organizations | <5 | $16.0M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $17.0M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Principal Office
250 FOREST AVENUECHATTANOOGA
TN
United States
Monday - Friday, 8:30 - 5:00
Tel: 423-825-4796, Fax: None
Chief Compliance Officer
AMY STONE
250 FOREST AVENUE
CHATTANOOGA
TN
United States
Tel:
423-825-4796
A********@***************M
(Full email address available in API data)
Industry Affiliates
| ACUMEN PRIVATE REAL ESTATE, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CUMBERLAND LAUREL FUND I, LLC | Real Estate Fund | $9.4M | $0.3M | 19 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| STONE, AMY, RENEE | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2016 | < 5% |
| VELTENAAR, MARINUS, STEPHEN | Individual | – | MANAGING MEMBER | 01/2012 | > 75% |
| BLEWETT, THOMAS, RICHARD | Individual | – | MINORITY PARTNER | 01/2018 | < 5% |
| Veltenaar, Rosalind | Individual | – | MINORITY PARTNER | 01/2018 | 10-25% |
| Allen, Grant, McCall | Individual | – | SR INVESTMENT STRATEGIST, PARTNER | 01/2023 | < 5% |