Yellowwood Wealth Solutions, LLC (Charlotte)

Name: Yellowwood Wealth Solutions, LLC
Address: 525 North Tryon Street, Suite 1611 A, Charlotte, NC, 28202
Telephone: 971-371-3450

Yellowwood Wealth Solutions, LLC is an adviser based in Charlotte. It manages $71.08 million of regulatory assets for 147 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, New York, North Carolina, and 4 other states.

Yellowwood Wealth Solutions provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Yellowwood Wealth Solutions: assets under management

The assets under management (AUM) of Yellowwood Wealth Solutions, LLC is $71.08 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $71.08 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $483.54 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 10% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Yellowwood Wealth Solutions, 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.

What kind of clients Yellowwood Wealth Solutions serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Yellowwood Wealth Solutions is individuals with 130 clients and $44.75 million of assets under management. Among the 2 most similar advisory firms, Yellowwood Wealth Solutions has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $71.08 million for 147 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.

Yellowwood Wealth Solutions doesn't advise any private funds.

Careers at Yellowwood Wealth Solutions, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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 don’t receive compensation from other entities for client referrals.

Leslie Walker Watson has served as the Chief Investment Officer since 1 Nov 2018 and Jason Rericha is the Chief Executive Officer of Yellowwood Wealth Solutions, LLC family office. Stacy Leigh Sizemore joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Megan Louise Castleman	Chief compliance officer	1 Oct 2018	Other	6434039
Jason Rericha	Chief executive officer	1 Oct 2018	50% - 75%	5399678
Les Watson	Chief investment officer	1 Oct 2018	50% - 75%	4476383
Jason Rericha	Chief executive officer	1 Nov 2018	25% - 50%	5399678
Leslie Walker Watson	Chief investment officer	1 Nov 2018	50% - 75%	4476383
Stacy Leigh Sizemore	Chief compliance officer	1 May 2019	Other	4052029

Based in Charlotte

The principal office where Yellowwood Wealth Solutions, LLC performs its advisory services is located at 525 North Tryon Street, Suite 1611 A, 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 971-371-3450. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at yellowwoodwealth.com.