Wealth manager, independent · Charlotte, NC
Laurel Wealth Advisors, LLC
SEC-registered investment adviser · CRD 118469 · SEC 801-69151
At a glance
Laurel Wealth Advisors, LLC is an SEC-registered investment adviser based in Charlotte, North Carolina, with $1.1B in regulatory assets under management as of its Form ADV filed March 17, 2026. It reports 520 individual clients, 244 of them high-net-worth, holding an average of about $2.0 million each, and 9 employees. That ranks it 996th among the nation’s 5,657 independent wealth management RIAs and 23rd of 160 in North Carolina. It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab.
Main office 704-927-4379As filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #996 of 5,657
- Rank among all SEC RIAs
- #5,070 of 17,210
- Rank in North Carolina
- #23 of 160
- Individual clients
- 520
- High-net-worth clients
- 244
- Accounts
- 1,429
- Discretionary
- 99% of AUM
- Employees
- 9
- Advisory staff
- 7
- Offices
- 2
Owners and executives on its Form ADV
- David W. McNeishManaging Member
- Timothy M. BreedloveManaging Member
- William E. SuggManaging Member
- Mark S. ThompsonManaging Member
- Dustin M. WaideMember
- Jennifer L. JonesMember
- Nancy Johnson JonesChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Laurel Wealth Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 244 | $941M | 85% |
| Individuals | 276 | $87M | 8% |
| Corporations or other businesses | 16 | $58M | 5% |
| Charitable organizations | 11 | $20M | 2% |
Disciplinary disclosures
Laurel Wealth Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗
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The full record on Laurel Wealth Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,287 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Similar-size RIAs in North Carolina
All of North Carolina →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Hamilton Point Investment Advisors, LLCChapel Hill | $1.2B | 239 |
| Founders Financial Alliance, LLCRaleigh | $1.2B | 2,354 |
| Verity Asset ManagementDurham | $1.2B | 5,803 |
| Providence Capital Advisors, LLCCharlotte | $1.1B | 424 |
| Cardinal Capital Management IncRaleigh | $1.0B | 287 |
| Capital Investment Counsel IncRaleigh | $1.0B | 1,221 |
Background
Questions
How much does Laurel Wealth Advisors, LLC manage?
Laurel Wealth Advisors, LLC reports $1.1B in regulatory assets under management across 1,429 accounts, 99% of it on a discretionary basis, on its Form ADV filed March 17, 2026.
How many clients does Laurel Wealth Advisors, LLC have?
It reports 520 individual clients: 244 high-net-worth individuals and 276 other individuals. Individuals account for about 93% of its regulatory assets.
Where is Laurel Wealth Advisors, LLC headquartered?
Its main office is in Charlotte, North Carolina. It reports 2 offices in total and 9 employees, 7 of whom perform investment advisory functions.
How does Laurel Wealth Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Laurel Wealth Advisors, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab. On Schedule D of its Form ADV filed March 17, 2026, it reports these amounts held: Fidelity ($5.0B); Charles Schwab ($598M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Laurel Wealth Advisors, LLC a hybrid RIA with a broker-dealer?
Laurel Wealth Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Laurel Wealth Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, Laurel Wealth Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Laurel Wealth Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-17), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →