VESTWELL ADVISORS LLC
Adviser information for VESTWELL ADVISORS LLC last updated from Form ADV on March 26th, 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 | Delaware, United States |
Employees
| Total Number of Employees | 386 |
|---|---|
| Investment Advisory/Research | 15 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 10 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,659 | $3.9M |
| Non-Discretionary | 15,196 | $275.7M |
| Total | 18,855 | $279.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 3,659 | $3.9M |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 4,385 | $275.7M |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses3(38) ERISA INVESTMENT MANAGER |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-107981 |
|---|---|
| SEC ERA File Number | 801-107981 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 284173 |
| Legal Entity Identifier | None |
Principal Office
360 MADISON AVENUE15TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9AM-6PM
Tel: 917-979-5358, Fax: None
Chief Compliance Officer
ALLISON BRECHER
CHIEF LEGAL OFFICER
360 MADISON AVENUE
15TH FLOOR
NEW YORK
NY
United States
Tel:
917-979-5358
A**************@***********M
(Full email address available in API data)
Regulatory Contact
DAVID SHEEN
CHIEF FINANCIAL OFFICER
360 MADISON AVENUE
15TH FLOOR
NEW YORK
NY
United States
Tel:
917-979-5358
D*********@***********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCHUMM, AARON, DOUGLAS | Individual | – | CEO | 04/2016 | < 5% |
| VESTWELL HOLDINGS INC. | Domestic Entity | – | MEMBER | 04/2016 | > 75% |
| SCHUMM, AARON, DOUGLAS | Individual | VESTWELL HOLDINGS INC. | CEO AND OWNER | 02/2016 | 25-50% |
| SHEEN, DAVID, PAUL | Individual | – | CFO | 12/2019 | < 5% |
| Brecher, Allison, Leigh | Individual | – | CHIEF LEGAL OFFICER | 10/2017 | < 5% |
| Ferrara, Jonathan | Individual | – | SVP OPERATIONS | 08/2017 | < 5% |
| ANDERSON, RYAN, PATRICK | Individual | – | SVP PRODUCT | 01/2020 | < 5% |
| Brecher, Allison, Leigh | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2020 | < 5% |
| TATUM, RICHARD | Individual | – | PRESIDENT, RETIREMENT SERVICES | 12/2020 | < 5% |
| MOLCHON, ROBERT | Individual | – | CTO | 10/2021 | < 5% |
| MARK, JONATHAN | Individual | – | SVP, BUSINESS OPERATIONS | 01/2021 | < 5% |
| KIM, PATTY | Individual | – | SVP, HEAD OF PEOPLE | 11/2020 | < 5% |
| DUMBRILL, DANYA, D | Individual | – | CHIEF STRATEGY OFFICER | 09/2023 | < 5% |
| DUMBRILL, DANYA, D | Individual | – | CHIEF STRATEGY OFFICER | 09/2023 | < 5% |