Keatley Wealth Management, LLC (Charlotte)

Name: Keatley Wealth Management, LLC
Address: 7615 Colony Road, Charlotte, NC, 28226
Telephone: 704-540-5535

Keatley Wealth Management, LLC is a large advisory firm based in Charlotte. It manages $152.88 million of regulatory assets for 341 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Nebraska, North Carolina, and South Carolina.

Keatley Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Keatley Wealth Management: assets under management

The assets under management (AUM) of Keatley Wealth Management, LLC is $152.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $152.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $448.32 thousand each.

Keatley Wealth Management has custody of $3.05 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is exchange traded securities, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Keatley Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Keatley Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Keatley Wealth Management is high net worth individuals with 54 clients and $123.61 million of assets under management. Among the 5 most similar advisory firms, Keatley Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $146.24 million for 102 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.

Keatley Wealth Management doesn't advise any private funds.

Careers at Keatley Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
Karen R. Keatley	President and chief investment officer	1 Jun 2003	75% - 100%	1693540
Jenny Ingraham Martella	Chief compliance officer & member	1 Feb 2014	Other	6149638
Jenny Ingraham Martella	Member	1 Jan 2017	Other	6149638

Based in Charlotte

The principal office where Keatley Wealth Management, LLC performs its advisory services is located at 7615 Colony Road, Charlotte, NC 28226, 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 704-540-5535 or by fax 704-323-4130. The normal business hours are 9:00a.m.-5:00p.m. on Monday - Friday. You can find more information about the New York firm at karenkeatley.com.