Lopez Wealth Management, LLC (Abingdon)

Name: Lopez Wealth Management, LLC
Address: 955 West Main Street, Abingdon, VA, 24210 2427
Telephone: 276-628-5910

Lopez Wealth Management, LLC is a large advisory firm based in Abingdon. It manages $180.67 million of regulatory assets for 1,181 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of South Carolina, Tennessee, Texas, and Virginia.

Lopez Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lopez Wealth Management: assets under management

The assets under management (AUM) of Lopez Wealth Management, LLC is $180.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 276% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $180.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $152.98 thousand each.

Lopez Wealth Management has custody of $500 thousand in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lopez Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Lopez Wealth Management, LLC

Jonathan Wade Lopez has been acting as President since 1 Dec 2001. Jonathan Robert Weatherly joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Wade Lopez	Principal/director	1 Dec 2001	Other	1534582
Llc Lopez Wealth Management Group	Managing member	1 Nov 2006	75% - 100%	20-5792157
David Thomas Jones	Chief compliance officer (cco)	1 Nov 2006	Other	2991503
Jonathan Robert Weatherly	Chief compliance officer	1 Apr 2015	Other	4811385

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Wade Lopez	Managing member	1 Nov 2006	75% - 100%	1534582

Based in Abingdon

The principal office where Lopez Wealth Management, LLC performs its advisory services is located at 955 West Main Street, Abingdon, VA 24210 2427, which is also the mailing address of the firm. An additional office of the firm is in Roanoke, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 276-628-5910 or by fax 276-623-1593. 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 wadelopez.com.