AUGUST WEALTH MANAGEMENT

RIASEC Registered

Total AUM

$30.4M

Discretionary

$30.4M

100% of AUM

Avg account

$151K

Accounts

201

Employees

Advisory reps

Firm details

Headquarters: PORTLAND, Maine
CRD number: 155739
Website: augustwealthmanagement.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Other
Client types: Individuals72.45%
HNWI27.55%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

August Wealth Management is a small independent RIA focused on individual and family clients. The firm centers its advice on financial planning and discretionary portfolio management for individuals, small businesses and some institutional business clients. Investment activity shows a clear preference for equities, with a sizable portion of assets held in exchange-traded instruments. Service delivery appears to be fee-based using a mix of asset-based fees and hourly or other fee arrangements. The firm does not position itself as an ESG specialist and is not registered as a multi-state adviser. Its business model is typical of a boutique RIA: hands-on planning and portfolio construction for a limited client roster, with discretionary management representing the bulk of its activity.