Swaimbrown Wealth Management LLC (Clinton)

Name: Swaimbrown Wealth Management LLC
Address: 301 North Broad Street, Clinton, SC, 29325
Telephone: 864-833-4450

Swaimbrown Wealth Management LLC is a large advisory firm based in Clinton. It manages $100.71 million of regulatory assets for 86 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of North Carolina and South Carolina.

Swaimbrown Wealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Swaimbrown Wealth Management: assets under management

The assets under management (AUM) of Swaimbrown Wealth Management LLC is $100.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.17 million each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Swaimbrown 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 Swaimbrown Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Swaimbrown Wealth Management is pension and profit sharing plans with 12 clients and $59.8 million of assets under management. Among the 7 most similar advisory firms, Swaimbrown Wealth Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $100.26 million for 84 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.

Swaimbrown Wealth Management doesn't advise any private funds.

Careers at Swaimbrown Wealth Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
J Jay Peay	Managing member	1 Feb 2000	25% - 50%	4893314
Scott Keim	Member	1 Feb 2000	25% - 50%	5468333
David Franklin Ramage	Managing director / cco	1 Feb 2012	Other	4201521

Based in Clinton

The principal office where Swaimbrown Wealth Management LLC performs its advisory services is located at 301 North Broad Street, Clinton, SC 29325, which is also the mailing address of the firm. An additional office of the firm is in Spartanburg, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 864-833-4450 or by fax 864-833-5423. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at swaimbrown.com/accountants/services/wealth.htm.