Read & Powell Financial Services, Llc
- Regulatory AUM
- $160M
- Discretionary
- $160M
- Clients
- 530
- Avg AUM / client
- $301K
- Accounts
- 642
- Employees
- 3
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 473 | $58.3M | 36.5% |
| High net worth individuals | 56 | $95.1M | 59.6% |
| Charitable organizations | 1 | $6.2M | 3.89% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Nick Stanley Konakis | Managing Member | Jan 2014 (13y) | 50% – 75% | |
| Eric Lynn Wiseman | Owner, Cco | Jan 2021 (6y) | ≈ 37.5% – 75% via Eric Wiseman Llc | |
| Diane B. Rice | Registered representative | Nov 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Eric Wiseman Llc | Limited Liability Company | Jan 2021 | A | 50% – 75% |
Estimated effective ownership (look-through of filed bands):
- Eric Lynn Wiseman: 75% – 100% of Eric Wiseman Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/17/2026 | 981 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- National Financial Services (Fidelity) $160M (100% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 17, 2026.
View current Form ADV (SEC/IAPD) ↗