SHERMAN WEALTH SOLUTIONS LLC

RIASEC Registered

Total AUM

$29.2M

Discretionary

$16.3M

56% of AUM

Avg account

$162K

Accounts

180

Employees

Advisory reps

Firm details

Headquarters: Charlotte, North Carolina
CRD number: 324426
Custodians: CHARLES SCHWAB & CO., INC., STATE STREET BANK AND TRUST COMPANY, T. ROWE PRICE INVESTMENT SERVICES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans52.16%
HNWI30.87%
Individuals16.97%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Sherman Wealth Solutions LLC is an independent, individually owned registered advisory firm organized as an LLC. The firm works with both individual/family and institutional clients and offers a mix of advisory and brokerage-related activities: financial planning, portfolio management for individuals and small businesses, pension consulting, and selection of other advisers. Sherman also operates as an insurance broker and provides accounting services, and it charges clients through a combination of percentage-of-AUM fees, hourly fees, and fixed fees. The firm identifies itself as a capital allocator, meaning it selects outside managers and funds on clients’ behalf rather than relying solely on in-house proprietary products. Sherman does not present itself as an active ESG investor and is not structured as a multi-state adviser.