Dougherty Wealth Advisers LLC is a related adviser based in Minneapolis. It manages $94.92 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Minnesota.
Dougherty Wealth Advisers provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Dougherty Wealth Advisers LLC is $94.92 million. The firm's AUM has gone down by -9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Dougherty Wealth Advisers LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Dougherty Wealth Advisers is high net worth individuals with 16 clients and $90.92 million of assets under management. Among the 6 most similar advisory firms, Dougherty Wealth Advisers has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $94.92 million for 22 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Dougherty Wealth Advisers doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 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.
Todd David Witcraft joined the executive team most recently as the Chief Executive Officer.
The principal office where Dougherty Wealth Advisers LLC performs its advisory services is located at 90 South Seventh Street, Suite 4300, Minneapolis, MN 55402, 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 612-317-2099 or by fax 612-317-2160. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at doughertywealthadvisers.com.