Sherman Wealth Management LLC

RIASEC RegisteredEst. 2024
Total AUM
$160M
Discretionary
$156M
97% of AUM
Avg account
$402K
Accounts
399
Employees
5
Advisory reps
3

Firm details

Headquarters
Gaithersburg, Maryland
CRD number
281093
Registered since
September 16, 2024
Website
shermanwealth.com
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI69.89%
  • Individuals26.59%
  • Pension & Profit Sharing Plans3.52%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Sherman Wealth Management LLC is an independent, individual-owned RIA organized as an LLC and SEC-registered in 2024. The firm focuses on serving individual and family clients and acts as a capital allocator that brings third-party managers into client portfolios. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting, manager selection, and educational seminars or workshops. Fee arrangements are flexible across percentage-of-AUM, hourly, and fixed-fee structures. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 80%, Exchange Traded Equities 7%, Cash & Cash Equivalents 7%, US Government Bonds 5%, Non-Exchange Traded Equities 1%80%
  • Public Funds/Mutual Funds80%
  • Exchange Traded Equities7%
  • Cash & Cash Equivalents7%
  • US Government Bonds5%
  • Non-Exchange Traded Equities1%

Contacts

3 of 3
  • Bradley Sherman

    Bradley Sherman

    PresidentCRD 5908754

  • Andrew Prescott

    Andrew Prescott

    President and Financial PlannerCRD 4877660

  • Ashley Perlmutter

    Ashley Perlmutter

    Director of Client ExperienceCRD 7433021

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 83

Active vs passive

$144M in ETFs

Passive

69%

$99.8M

Active

14%

$44M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD WORLD FUND (MGK)VanguardPassiveLarge Growth$14M159,7439.77%
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Location

Primary office

Gaithersburg, MD

Montgomery

Location

Gaithersburg, MD

Headquartered in Gaithersburg, MD, anchoring the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA metro in the South.

Metro area
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Region
South
County
Montgomery
Address
9841 Washingtonian Blvd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth