Hedge Fund Database

ABSHER WEALTH MANAGEMENT, LLC

Adviser information for ABSHER WEALTH MANAGEMENT, LLC last updated from Form ADV on March 22nd, 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 North Carolina, United States

Employees

Total Number of Employees 8
Investment Advisory/Research 6
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 6
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 1,489 $871.6M
Non-Discretionary 780 $72.7M
Total 2,269 $944.3M

Clients

Type Number RAUM
Individuals 330 $119.9M
HNW Individuals 257 $788.6M
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 0 $0
Charitable organizations 7 $34.6M
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 4 $1.2M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 1
No. of Financial Planning Clients 0

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPension consulting services
Compensation % of AUMHourly chargesFixed fees

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 0
Both for Same 871.6M
Portfolio Manager to Program Sponsor
ABSHER PORTFOLIO MANAGEMENT (APM) PROGRAM ABSHER WEALTH MANAGEMENT, LLC

Identifiers

SEC RIA File Number 801-117177
SEC ERA File Number 801-117177
SEC CIK Numbers 1802534
SEC CRD Numbers 304642
Legal Entity Identifier None

Principal Office

1450 RALEIGH ROAD,
SUITE 105
CHAPEL HILL
NC
United States
Monday - Friday, 8:30-5:00
Tel: 919-283-2340, Fax: None

Websites

www.absherwealth.com/

Chief Compliance Officer

KEVIN MISHOE
1450 RALEIGH ROAD
SUITE 105
CHAPEL HILL
NC
United States
Tel: (919) 283-2247
(Full email address available in API data)

Regulatory Contact

MICHAEL F ABSHER, JR.
MANAGING MEMBER, CHIEF INVESTMENT OFFICER
1450 RALEIGH ROAD
SUITE 105
CHAPEL HILL
NC
United States
Tel: 919-283-2340
(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
ABSHER, MICHAEL, FORESTER Individual – MANAGING DIRECTOR & PRESIDENT 07/2019 > 75%
MISHOE, KEVIN, L Individual – CHIEF COMPLIANCE OFFICER 07/2019 < 5%
ORAVSKY, JENNIFER, LYNN Individual – SENIOR WEALTH PLANNER 07/2019 5-10%

No. Employees, Historic

105020192020202120222023202420254 on 7/16/20194 on 12/11/20194 on 3/20/20204 on 5/11/20204 on 6/23/20205 on 3/2/20215 on 6/8/20215 on 11/5/20215 on 3/21/20227 on 3/22/20238 on 3/22/20248 on 3/22/2024

RAUM, Historic

1B500M020192020202120222023202420250 on 7/16/2019491348618 on 12/11/2019492177118 on 3/20/2020492177118 on 5/11/2020492177118 on 6/23/2020609032733 on 3/2/2021609032733 on 6/8/2021609032733 on 11/5/2021813332194 on 3/21/2022750613762 on 3/22/2023944342749 on 3/22/2024944342749 on 3/22/2024

No. Clients, Historic

600300020192020202120222023202420250 on 7/16/2019343 on 12/11/2019343 on 3/20/2020343 on 5/11/2020343 on 6/23/2020409 on 3/2/2021409 on 6/8/2021409 on 11/5/2021451 on 3/21/2022516 on 3/22/2023598 on 3/22/2024598 on 3/22/2024

Holdings

From latest 13F, filed August 2nd, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBOTT LABS COM 19M 184K –
ADOBE INC COM 1M 2K –
ALPHABET INC CAP STK CL C 1M 7K –
ALPHABET INC CAP STK CL A 24M 133K –
AMAZON COM INC COM 490K 3K –
AMGEN INC COM 25M 79K –
ANALOG DEVICES INC COM 31M 135K –
APPLE INC COM 24M 114K –
AUTOZONE INC COM 296K 100 –
BERKSHIRE HATHAWAY INC DEL CL B NEW 21M 51K –
BOEING CO COM 17M 95K –
BROWN FORMAN CORP CL B 23M 534K –
CHEVRON CORP NEW COM 19M 121K –
COSTCO WHSL CORP NEW COM 22M 26K –
CUMMINS INC COM 2M 6K –
DEERE & CO COM 29M 78K –
DIAGEO PLC SPON ADR NEW 3M 21K –
DISNEY WALT CO COM 1M 14K –
DUKE ENERGY CORP NEW COM NEW 257K 3K –
EMERSON ELEC CO COM 30M 277K –
FASTENAL CO COM 20M 325K –
HERSHEY CO COM 3M 17K –
HOME DEPOT INC COM 440K 1K –
HONEYWELL INTL INC COM 416K 2K –
INMODE LTD SHS 798K 44K –
JOHNSON & JOHNSON COM 30M 207K –
JPMORGAN CHASE & CO. COM 26M 130K –
LIBERTY MEDIA CORP DEL DEB 4.000%11/1 8K – –
LOCKHEED MARTIN CORP COM 316K 677 –
LOWES COS INC COM 3M 16K –
LULULEMON ATHLETICA INC COM 1M 5K –
M & T BK CORP COM 51M 336K –
MASTERCARD INCORPORATED CL A 801K 2K –
MCDONALDS CORP COM 19M 74K –
MERCK & CO INC COM 735K 6K –
MERCURY GENL CORP NEW COM 23M 426K –
META PLATFORMS INC CL A 2M 3K –
MICROSOFT CORP COM 39M 86K –
NIKE INC CL B 24M 312K –
NVIDIA CORPORATION COM 738K 6K –
NXP SEMICONDUCTORS N V COM 945K 4K –
ORACLE CORP COM 288K 2K –
PAYCHEX INC COM 368K 3K –
PEPSICO INC COM 33M 197K –
PHILIP MORRIS INTL INC COM 503K 5K –
PRICE T ROWE GROUP INC COM 28M 239K –
PROCTER AND GAMBLE CO COM 200K 1K –
RALPH LAUREN CORP CL A 26M 148K –
SHELL PLC SPON ADS 1M 16K –
SONY GROUP CORP SPONSORED ADR 699K 8K –
STARBUCKS CORP COM 27M 341K –
TAPESTRY INC COM 2M 42K –
TESLA INC COM 333K 2K –
TEXAS INSTRS INC COM 713K 4K –
UNILEVER PLC SPON ADR NEW 272K 5K –
UNITED PARCEL SERVICE INC CL B 502K 4K –
VANGUARD INDEX FDS MID CAP ETF 4K 17 –
VANGUARD INDEX FDS SMALL CP ETF 2K 8 –
VANGUARD INDEX FDS TOTAL STK MKT 244K 911 –
VISA INC COM CL A 23M 87K –
WALMART INC COM 29M 421K –
WATERS CORP COM 1M 4K –
WILLIAMS SONOMA INC COM 472K 2K –