Peachtree Wealth Management, LLC (Atlanta)


Peachtree Wealth Management, LLC is a large advisory firm based in Atlanta. It manages $256.27 million of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Georgia, and North Carolina.

Peachtree Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Peachtree Wealth Management: assets under management

The assets under management (AUM) of Peachtree Wealth Management, LLC is $256.27 million. The firm's AUM has grown by 1039% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $43.17 million in discretionary accounts and $213.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.63 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.46 million.
Peachtree Wealth Management has custody of $213.1 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 53% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 37% of the firm’s portfolio. Investments in investment and business development companies form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Peachtree Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Peachtree Wealth Management serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Peachtree Wealth Management is high net worth individuals with 39 clients and $213.1 million of assets under management. Among the 10 most similar advisory firms, Peachtree Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $256.27 million for 44 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.

Peachtree Wealth Management also advises several private funds. Namely, one hedge fund, two other private funds, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Peachtree Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. No employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Bane Plyler Managing director and president 1 Jul 2003 Other 2781955
Llc The Fuqua Group Member/manager 1 Jul 2003 75% - 100% 126099
Elizabeth Jeanette Caddell Vice president and treasurer 1 Mar 2005 Other 4941090
Spencer Thor Knap Vice president 1 Mar 2005 Other 4941102
Llc The Gleneagles Group Member/manager 1 Aug 2005 75% - 100% 20-1977572
John David Champagne Coo & cco 1 May 2010 Other 1097650
Amy Gaines Moore Vice president 1 May 2010 Other 3100697
Amy Kathryn Gaines Vice president 1 May 2010 Other 3100697

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Rex Fuqua Chairman 1 Nov 2002 50% - 75% 4647445
David Bane Plyler Member 1 Dec 2004 50% - 75% 2781955
Twelve Hours Management Company Llc Owner 1 Jun 2013 75% - 100% 46-2653927

Based in Atlanta

The principal office where Peachtree Wealth Management, LLC performs its advisory services is located at 3715 Northside Parkway, Atlanta, GA 30327, 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 678-904-0594 or by fax 678-904-0595. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.