POWELL WEALTH
POWELL FINANCIAL, INC. Legal Name
Adviser information for POWELL WEALTH last updated from Form ADV on January 24th, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 265 | $180.4M |
| Non-Discretionary | 0 | $0 |
| Total | 265 | $180.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 55 | $17.6M |
| HNW Individuals | 41 | $162.2M |
| 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 | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | 9 | $518,768 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 5 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
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 AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-88185 |
|---|---|
| SEC ERA File Number | 801-88185 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 144230 |
| Legal Entity Identifier | None |
Principal Office
17818 STATESVILLE RDSUITE 221
CORNELIUS
NC
United States
Monday - Friday, 8AM-5PM
Tel: (704) 439-0027, Fax: None
Chief Compliance Officer
DAVID L. POWELL
PRESIDENT
17818 STATESVILLE RD
SUITE 221
CORNELIUS
NC
United States
Tel:
(704) 439-0027
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 |
|---|---|---|---|---|---|
| POWELL, DAVID, LEMAL | Individual | – | PRESIDENT / CHIEF COMPLIANCE OFFICER | 10/2007 | > 75% |