Swaine & Leidel Wealth Services, LLC (Sebring)

Name: Swaine & Leidel Wealth Services, LLC
Address: 145 West Center Avenue, Sebring, FL, 33870
Telephone: 863-385-1101

Swaine & Leidel Wealth Services, LLC is a large advisory firm based in Sebring. It manages $120.59 million of regulatory assets for 767 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, New Hampshire, and Texas.

Swaine & Leidel Wealth Services provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Swaine & Leidel Wealth Services: assets under management

The assets under management (AUM) of Swaine & Leidel Wealth Services, LLC is $120.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.22 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Swaine & Leidel Wealth Services, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Swaine & Leidel Wealth Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Swaine & Leidel Wealth Services is individuals with 356 clients and $91.66 million of assets under management. Among the 9 most similar advisory firms, Swaine & Leidel Wealth Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $117.66 million for 378 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.

Swaine & Leidel Wealth Services doesn't advise any private funds.

Careers at Swaine & Leidel Wealth Services, LLC

The company employs 5 people that are either part- or full-time employees. 100 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John William Swaine	Managing member/chief compliance officer	1 May 2012	50% - 75%	4072112
George David Leidel	Managing member	1 May 2012	50% - 75%	3074851

Based in Sebring

The principal office where Swaine & Leidel Wealth Services, LLC performs its advisory services is located at 145 West Center Avenue, Sebring, FL 33870, 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 863-385-1101 or by fax 863-385-1646. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at swaineandleidel.com.