TERRA WEALTH
TERRA WEALTH MANAGEMENT, LLC Legal Name
Adviser information for TERRA WEALTH last updated from Form ADV on March 28th, 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 | 65 |
|---|---|
| Investment Advisory/Research | 52 |
| Registered Broker-Dealer Representatives | 35 |
| Registered State Investment Advisers | 52 |
| Licensed Agents of an Insurance Company | 54 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,158 | $250.1M |
| Non-Discretionary | 0 | $0 |
| Total | 2,158 | $250.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,360 | $175.3M |
| HNW Individuals | 46 | $74.4M |
| 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 | $437,900 |
| 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 | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-125822 |
|---|---|
| SEC ERA File Number | 801-125822 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 320643 |
| Legal Entity Identifier | None |
Principal Office
400 WEST ENGLISH ROADSTE 215
HIGH POINT
NC
United States
Monday - Friday, 8:30-5:00 PM
Tel: 855-708-3772, Fax: None
Chief Compliance Officer
JAMES DAVID MAY
400 WEST ENGLISH ROAD
STE 215
HIGH POINT
NC
United States
Tel:
855-708-3772
D****@**************M
(Full email address available in API data)
Regulatory Contact
PHILLIP SCOTT LEONARD
CEO
400 WEST ENGLISH ROAD
STE 215
HIGH POINT
NC
United States
Tel:
855-708-3772
S****@**************M
(Full email address available in API data)
Industry Affiliates
| TERRA WEALTH RISK MANAGEMENT LLC | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LEONARD, PHILLIP, SCOTT | Individual | – | CHIEF EXECUTIVE OFFICER | 03/2022 | < 5% |
| TERRA WEALTH LLC | Domestic Entity | – | MANAGING MEMBER | 03/2022 | > 75% |
| LEONARD, PHILLIP, SCOTT | Individual | TERRA WEALTH LLC | SOLE MEMBER | 03/2022 | > 75% |
| May, James, David | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2024 | < 5% |