Ferrell Wealth Management Inc. (Winter Park)

Name: Ferrell Wealth Management Inc.
Address: 1400 W Fairbanks Ave, Winter Park, FL, 32789
Telephone: 407-629-7008

Ferrell Wealth Management Inc. is a large advisory firm based in Winter Park. It manages $397 million of regulatory assets for 1,630 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Florida.

Ferrell Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ferrell Wealth Management: assets under management

The assets under management (AUM) of Ferrell Wealth Management Inc. is $397 million. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $376 million in discretionary accounts and $21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $234.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $875 thousand.

Ferrell Wealth Management has custody of $269 in cash and securities for 350 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 74% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ferrell Wealth Management Inc. for their services and products based on a percentage of assets under management and commissions. 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.

What kind of clients James William Ferrell serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James William Ferrell is high net worth individuals with 100 clients and $333 million of assets under management. Among the 8 most similar advisory firms, Ferrell Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $397 million for 391 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Ferrell Wealth Management doesn't advise any private funds.

Careers at Ferrell Wealth Management Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James William Ferrell has been acting as President since 1 Feb 1996. Elaine Espy Kirchner joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James William Ferrell	President	1 Feb 1996	75% - 100%	2776651
Crystal Simmons Garner	Vice president	1 Nov 1996	Other	4553727
Nancy Kathryn Miller	Vice president	1 Dec 2003	Other	4553458
Stephen Thomas Lee	Chief compliance officer	1 Dec 2003	Other	4767940
Pedro Lebron	Operations manager	1 Dec 2006	Other	4553556
Pedro Lebron	Chief compliance officer	1 Oct 2009	Other	4553556
Elaine Espy Kirchner	Chief compliance officer	1 Mar 2011	Other	5894748

Based in Winter Park

The principal office where Ferrell Wealth Management Inc. performs its advisory services is located at 1400 W Fairbanks Ave, Winter Park, FL 32789, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 407-629-7008 or by fax 407-629-7516. The normal business hours are 8.30 a.m - 5.30 p.m on Monday - Friday. You can find more information about the New York firm at ferrellwm.com.