Ledgewood Wealth Advisors, LLC (Exeter)

Name: Ledgewood Wealth Advisors, LLC
Address: 92 Portsmouth Avenue, Exeter, NH, 03833
Telephone: 603-773-0080

Ledgewood Wealth Advisors, LLC is a large advisory firm based in Exeter. It manages $112.45 million of regulatory assets for 207 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, and 3 other states.

Ledgewood Wealth Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ledgewood Wealth Advisors: assets under management

The assets under management (AUM) of Ledgewood Wealth Advisors, LLC is $112.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 79% since the beginning of its operation, and $751.39 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $112.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $543.22 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is other assets, which make up 31% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ledgewood Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ledgewood Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Ledgewood Wealth Advisors is high net worth individuals with 36 clients and $96.2 million of assets under management. Among the 11 most similar advisory firms, Ledgewood Wealth Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $111.99 million for 96 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Ledgewood Wealth Advisors doesn't advise any private funds.

Careers at Ledgewood Wealth Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Lawrence Wofchuck	Manager member/chief compliance officer	1 May 2000	75% - 100%	1796660
Joseph Wofchuck	Manager member	1 May 2000	Other	470963
Inc Rlw	Owner	1 Dec 2009	Other	30-0596179
Inc Rlw	Owner	1 Dec 2010	Other	30-0596179

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Lawrence Wofchuck	Owner	1 Dec 2009	75% - 100%	1796660

Based in Exeter

The principal office where Ledgewood Wealth Advisors, LLC performs its advisory services is located at 92 Portsmouth Avenue, Exeter, NH 03833, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-773-0080 or by fax 603-773-0090. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at ledgewoodwealth.com.