WELLS FINANCIAL MANAGEMENT, LLC
Adviser information for WELLS FINANCIAL MANAGEMENT, LLC last updated from Form ADV on February 27th, 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 | 2 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| 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 | 310 | $115.6M |
| Non-Discretionary | 0 | $0 |
| Total | 310 | $115.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 72 | $33.1M |
| HNW Individuals | 32 | $81.3M |
| 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 | <5 | $287,496 |
| 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 | $895,964 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 3 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-125800 |
|---|---|
| SEC ERA File Number | 801-125800 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 158030 |
| Legal Entity Identifier | None |
Principal Office
56 CENTRAL AVENUESUITE 105
ASHEVILLE
NC
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 828-252-4144, Fax: 828-252-2253
Websites
Chief Compliance Officer
DAVID WELLS
MANAGING MEMBER
56 CENTRAL AVENUE
SUITE 105
ASHEVILLE
NC
United States
Tel:
828-252-4144
Fax:
828-252-2253
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 |
|---|---|---|---|---|---|
| WELLS, DAVID, NELSON | Individual | – | MANAGING MEMBER/CHIEF COMPLIANCE OFFICER | 06/2011 | > 75% |