Visionquest Wealth Management, LLC (Raleigh)


Visionquest Wealth Management, LLC is a large advisory firm based in Raleigh. It manages $174.9 million of regulatory assets for 1,032 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Maryland, New York, North Carolina, and 4 other states.

Visionquest Wealth Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Visionquest Wealth Management: assets under management

The assets under management (AUM) of Visionquest Wealth Management, LLC is $174.9 million. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.1 million in discretionary accounts and $172.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $420 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $168.26 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Visionquest Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Visionquest Wealth Management, LLC

Stephen Condon Peters has been acting as President since 1 May 2005. Randall Clifton Griggs joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Condon Peters President 1 May 2005 Other 4273459
Llc Vq Wealth Managing member 1 Apr 2008 75% - 100% 26-2718432
Nicholas Martin Kolbenschlag Chief compliance officer 1 Nov 2010 Other 5862034
Randall Clifton Griggs Chief compliance officer 1 Jul 2016 Other 822503

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Stephen Condon Peters Managing member 1 Apr 2008 75% - 100% 4273459

Based in Raleigh

The principal office where Visionquest Wealth Management, LLC performs its advisory services is located at 112 E. Hargett Street, Raleigh, NC 27601, which is also the mailing address of the firm. An additional office of the firm is in Richmond, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-433-3560 or by fax 919-433-3561. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at vqwealth.com.