Wealth manager, independent · West Chester, PA
Wealthcare Advisory Partners LLC
SEC-registered investment adviser · CRD 171976 · SEC 801-80067
At a glance
Wealthcare Advisory Partners LLC is an SEC-registered investment adviser based in West Chester, Pennsylvania, with $8.3B in regulatory assets under management as of its Form ADV filed August 12, 2026. It reports 10,696 individual clients, 2,184 of them high-net-worth, holding an average of about $0.7 million each, and 243 employees. That ranks it 125th among the nation’s 5,657 independent wealth management RIAs and 5th of 260 in Pennsylvania. It reports 2 custodians for its clients’ separately managed accounts: LPL Financial and Charles Schwab.
Main office 804-644-4711wealthcarelv.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $8.3B
- Rank among independent wealth managers
- #125 of 5,657
- Rank among all SEC RIAs
- #1,532 of 17,210
- Rank in Pennsylvania
- #5 of 260
- Individual clients
- 10,696
- High-net-worth clients
- 2,184
- Accounts
- 24,675
- Discretionary
- 96% of AUM
- Employees
- 243
- Advisory staff
- 173
- Offices
- 70
Owners and executives on its Form ADV
- Ronald E. MadeyChief Investment Officer
- Justin DuBruelerChief Financial Officer
- Matthew T. ReganPresident
- James J. KrauseChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Wealthcare Advisory Partners LLC is a hybrid RIA: 107 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Sammons Financial Network, LLC.
- Sammons Financial Network, LLC ↗CRD 158538
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
iation Certain Advisory Persons of WCAP are also registered representatives of LPL Financial LLC ("LPL Financial") securities broker-dealers, and members of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 2,184 | $5.3B | 64% |
| Individuals | 8,512 | $2.4B | 29% |
| Pension and profit sharing plans | 174 | $462M | 6% |
| Corporations or other businesses | 37 | $91M | 1% |
| Charitable organizations | 41 | $43M | <1% |
Disciplinary disclosures
Wealthcare Advisory Partners LLC answers yes to 8 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗wealthcarelv.com ↗
AtlasMembers
The full record on Wealthcare Advisory Partners 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
- Locked
- Growth over one, three and five years
- Locked
- Rank against 499 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Mycio Wealth Partners, LLCPhiladelphia | $16B | 923 |
| Great Valley Advisor Group, LLCBerwyn | $11B | 36,836 |
| Callan Family Office, LLCRadnor | $10B | 170 |
| Confluence Financial PartnersMcMurray | $7.8B | 5,148 |
| Hbks Wealth AdvisorsErie | $7.7B | 7,344 |
| Miller Investment Management, LPWest Conshohocken | $7.1B | 155 |
Background
Questions
How much does Wealthcare Advisory Partners LLC manage?
Wealthcare Advisory Partners LLC reports $8.3B in regulatory assets under management across 24,675 accounts, 96% of it on a discretionary basis, on its Form ADV filed August 12, 2026.
How many clients does Wealthcare Advisory Partners LLC have?
It reports 10,696 individual clients: 2,184 high-net-worth individuals and 8,512 other individuals. Individuals account for about 93% of its regulatory assets.
Where is Wealthcare Advisory Partners LLC headquartered?
Its main office is in West Chester, Pennsylvania. It reports 70 offices in total and 243 employees, 173 of whom perform investment advisory functions.
How does Wealthcare Advisory Partners 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 Wealthcare Advisory Partners LLC use?
It reports 2 custodians for its clients’ separately managed accounts: LPL Financial and Charles Schwab. On Schedule D of its Form ADV filed August 12, 2026, it reports these amounts held: LPL Financial ($3.9B); Charles Schwab ($3.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Wealthcare Advisory Partners LLC a hybrid RIA with a broker-dealer?
Wealthcare Advisory Partners LLC is a hybrid RIA: 107 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Sammons Financial Network, LLC. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Wealthcare Advisory Partners LLC a fiduciary?
As an SEC-registered investment adviser, Wealthcare Advisory Partners LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 107 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Wealthcare Advisory Partners 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 (2026-08-12), 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 →