Wealthcare Capital Management LLC

RIASEC Registered
Total AUM
$3.9B
Discretionary
$3.9B
99% of AUM
Avg account
$289K
Accounts
13,598
Employees
54
Advisory reps
36

Firm details

Headquarters
Richmond, Virginia
CRD number
111119
Registered since
April 19, 2001
Custodians
LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI64.61%
  • Individuals30.38%
  • Pension & Profit Sharing Plans3.76%
  • Corporations / Businesses0.77%
  • Charitable Organizations0.49%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Wealthcare Capital Management LLC is an independent registered investment adviser that has been SEC-registered since 2001. Organized as an LLC with ownership tied to a domestic entity and an individual, the firm positions itself as a capital allocator serving both individual and family clients as well as institutional accounts. Its advisory services include comprehensive financial planning, discretionary portfolio management for individuals and for businesses or institutions, pension consulting, and the selection of third‑party advisers. Wealthcare offers multiple fee arrangements—percentage of assets under management, hourly fees, and fixed fees—and identifies itself as an active ESG investor. The firm has industry ties that include a broker‑dealer affiliation and relationships with other investment advisers. Public recognition includes placements in FA Magazine’s Top RIA Firms (2020), Barron’s Top 100 RIA Firms (2021–2023), and Forbes’ Top/ America’s Top RIA Firms (2023–2024).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 85%, Exchange Traded Equities 7%, Cash & Cash Equivalents 4%, Other 3%, Private Funds 1%85%
  • Public Funds/Mutual Funds85%
  • Exchange Traded Equities7%
  • Cash & Cash Equivalents4%
  • Other3%
  • Private Funds1%

Owners & executives

3 of 5
  • James Krause

    James Krause

    Chief Compliance OfficerCRD 4143726

  • Diane Dixon

    Independent ContractorCRD 2246207

  • Justin DuBrueler

    Justin DuBrueler

    Chief Financial Officer, Chief Administrative OfficerCRD 6865294

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Contacts

3 of 31
  • Scott Davison

    Scott Davison

    Financial PlannerCRD 5744747

  • Kimberly Nichols

    Kimberly Nichols

    Director of Portfolio OperationsCRD 5842948

  • Brandy Weiberg

    Brandy Weiberg

    Managing Director and HeadCRD 5095083

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 102

Active vs passive

$1.1B in ETFs

Passive

88%

$927M

Active

10%

$124M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD TOTAL STOCK MARKET INDEX FUND (VTI)VanguardPassiveLarge Blend$384M1,036,57536.49%

Location

Primary office

Richmond, VA

Richmond City

Location

Richmond, VA

Headquartered in Richmond, VA, in the South of the United States.

Region
South
County
Richmond City
Address
2 James Ctr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth