Wealth manager, independent · Philadelphia, PA
Wescott Financial Advisory Group LLC
SEC-registered investment adviser · CRD 105989 · SEC 801-29752
At a glance
Wescott Financial Advisory Group LLC is an SEC-registered investment adviser based in Philadelphia, Pennsylvania, with $4.2B in regulatory assets under management as of its Form ADV filed April 21, 2026. It reports 769 individual clients, 581 of them high-net-worth, holding an average of about $3.9 million each, and 48 employees. That ranks it 271st among the nation’s 5,657 independent wealth management RIAs and 17th of 260 in Pennsylvania. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity Distributors Company.
Main office 215-979-1619wescott.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $4.2B
- Rank among independent wealth managers
- #271 of 5,657
- Rank among all SEC RIAs
- #2,369 of 17,210
- Rank in Pennsylvania
- #17 of 260
- Individual clients
- 769
- High-net-worth clients
- 581
- Accounts
- 3,365
- Discretionary
- 77% of AUM
- Employees
- 48
- Advisory staff
- 27
- Offices
- 6
Owners and executives on its Form ADV
- Grant RawdinChairman, President, CEO, Member, and Managing Board Member
- Charles J. O'DonnellManaging Board Member
- Carrie M. DelgottChief Operations Officer and Chief Compliance Officer, Managing Board Member, President
- Matthew A. TaylorManaging Board Member
- Mark McCarronChief Investment Officer, Managing Board Member
Custody and brokerage
Broker-dealer
No broker-dealer ties
Wescott Financial Advisory Group 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 | 581 | $2.9B | 70% |
| Pension and profit sharing plans | 4 | $1.1B | 25% |
| Charitable organizations | 13 | $108M | 3% |
| Individuals | 188 | $83M | 2% |
| Corporations or other businesses | 1 | $1M | <1% |
Disciplinary disclosures
Wescott Financial Advisory Group 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
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗wescott.com ↗
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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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- Rank against 985 peers of its type and size
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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 |
|---|---|---|
| JFS Wealth Advisors, LLCHermitage | $4.7B | 2,216 |
| Wharton Business Group, LLCMalvern | $4.6B | 100 |
| Sage Financial Group Inc.West Conshohocken | $4.3B | 1,101 |
| Nordwand AdvisorsRadnor | $4.0B | 57 |
| Bryn Mawr Trust Advisors, LLCPhiladelphia | $3.5B | 1,335 |
| Kathmere Capital Management, LLCWayne | $3.5B | 750 |
Background
Questions
How much does Wescott Financial Advisory Group LLC manage?
Wescott Financial Advisory Group LLC reports $4.2B in regulatory assets under management across 3,365 accounts, 77% of it on a discretionary basis, on its Form ADV filed April 21, 2026.
How many clients does Wescott Financial Advisory Group LLC have?
It reports 769 individual clients: 581 high-net-worth individuals and 188 other individuals. Individuals account for about 72% of its regulatory assets.
Where is Wescott Financial Advisory Group LLC headquartered?
Its main office is in Philadelphia, Pennsylvania. It reports 6 offices in total and 48 employees, 27 of whom perform investment advisory functions.
How does Wescott Financial Advisory Group 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 Wescott Financial Advisory Group LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity Distributors Company. On Schedule D of its Form ADV filed April 21, 2026, it reports these amounts held: Charles Schwab ($2.4B); Fidelity Distributors Company ($1.6B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Wescott Financial Advisory Group LLC a hybrid RIA with a broker-dealer?
Wescott Financial Advisory Group LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Wescott Financial Advisory Group LLC a fiduciary?
As an SEC-registered investment adviser, Wescott Financial Advisory Group 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 Wescott Financial Advisory Group 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 (2026-04-21), 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 →