Greerwalker Wealth Management LLC (Charlotte)


Greerwalker Wealth Management LLC is a large advisory firm based in Charlotte. It manages $407.12 million of regulatory assets for 575 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of North Carolina and South Carolina.

Greerwalker Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and consulting and client referrals. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Greerwalker Wealth Management: assets under management

The assets under management (AUM) of Greerwalker Wealth Management LLC is $407.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $407.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $708.04 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 26% of the firm’s portfolio. Investments in non-exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greerwalker Wealth Management 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 Greerwalker Wealth Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Greerwalker Wealth Management is high net worth individuals with 60 clients and $347.19 million of assets under management. Among the 12 most similar advisory firms, Greerwalker Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $407.12 million for 216 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.

Greerwalker Wealth Management doesn't advise any private funds.

Careers at Greerwalker Wealth Management LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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 doesn’t compensate 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
Charles Thomas Greer Member 1 Aug 1997 25% - 50% 4484080
James Norman Reichard Managing member, chief compliance officer 1 Aug 1997 Other 4484088
Kevin Paul Walker Member 1 Aug 1997 Other 4484090
Barry Todd Leasure Member 1 Jan 2002 Other 4545026
John Mark Norman Member 1 Jan 2002 Other 4545030
Michael A. Mcnamara Member 1 Jan 2003 Other 4650291
Jonathan Harold Mangels Member 1 Jan 2011 Other 5907042
Sandi Ozment Thorman Member 1 Jan 2011 Other 5907050
Anthony Lloyd Smith Member 1 Jan 2011 Other 5907051
Jonathan Michael Mclester Member 1 Jan 2014 Other 6308891
David Dreyfuss Jones Member 1 Jan 2015 Other 6468710

Based in Charlotte

The principal office where Greerwalker Wealth Management LLC performs its advisory services is located at 227 West Trade Street, Charlotte, NC 28202, 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 704.377.0239 or by fax 704.377.8663. 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 greerwalker.com.