THE WELCH GROUP, LLC

Advisory Business

Type of Organization	Limited Liability Company
Fiscal Year End	DECEMBER
Legal Location	Alabama, United States

Employees

Total Number of Employees	23
Investment Advisory/Research	21
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	21
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	3,957	$2.8B
Non-Discretionary	0	$0
Total	3,957	$2.8B

Clients

Type	Number	RAUM
Individuals	777	$299.0M
HNW Individuals	535	$2.4B
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	$12.8M
Charitable organizations	21	$9.2M
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	1324

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)ADVICE ON MATTERS NOT INVOLVING SECURITIES.
Compensation	% of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number	801-56254
SEC ERA File Number	801-56254
SEC CIK Numbers	1443095
SEC CRD Numbers	111273
Legal Entity Identifier	None

Principal Office

3940 MONTCLAIR RD
FIFTH FLOOR
BIRMINGHAM
AL
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic