CANNON WEALTH MANAGEMENT SERVICES
CANNON WEALTH MANAGEMENT SERVICES, LLC Legal Name
Adviser information for CANNON WEALTH MANAGEMENT SERVICES 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 | North Carolina, United States |
Employees
| Total Number of Employees | 11 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 836 | $172.0M |
| Non-Discretionary | 46 | $4.4M |
| Total | 882 | $176.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 337 | $86.0M |
| HNW Individuals | 52 | $86.2M |
| 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 | <5 | $2.8M |
| Charitable organizations | 5 | $1.4M |
| 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 | 4 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Insurance broker or agentAccountant or accounting firm |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 24.5M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| CANNON WEALTH MANAGEMENT WRAP FEE PROGRAM | CANNON WEALTH MANAGEMENT SERVICES |
Identifiers
| SEC RIA File Number | 801-126703 |
|---|---|
| SEC ERA File Number | 801-126703 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 323302 |
| Legal Entity Identifier | None |
Principal Office
2160 COUNTRY CLUB ROADWINSTON SALEM
NC
United States
Monday - Friday, 9-5 MTWTH AND 9-4 FRIDAY
Tel: 336-231-6844, Fax: 336-723-0094
Chief Compliance Officer
MICHELLE MCCARTHY
255 EAST FIFTH STREET
SUITE 1900
CINCINNATI
OH
United States
Tel:
513-832-5447
M****************@*****************************M
(Full email address available in API data)
Regulatory Contact
RAYMOND WILCOX
CEO
2160 COUNTRY CLUB ROAD
WINSTON SALEM
NC
United States
Tel:
336-231-6844
Fax:
336-723-0094
C******@****************M
(Full email address available in API data)
Industry Affiliates
| CANNON & COMPANY | Accountant or accounting firm |
| CANNON & COMPANY | Accountant or accounting firm |
| CANNON & COMPANY | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| AMBURN, WILLIAM, BARRON | Individual | – | CHAIRMAN | 11/2000 | 25-50% |
| HEARN, MATTHEW, DAVID | Individual | – | CHIEF OPERATING OFFICER | 09/2022 | 25-50% |
| WILCOX, RAYMOND, HUGH | Individual | – | CHIEF EXECUTIVE OFFICER | 09/2022 | 25-50% |
| PERKINS, JOSEPH, Charles | Individual | – | CHIEF FINANCIAL OFFICER | 09/2022 | 25-50% |
| MCCARTHY, MICHELLE, ANNE | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2022 | < 5% |