Wealthcare Asset Management, Llc
- Regulatory AUM
- $211M
- Discretionary
- $211M
- Clients
- 603
- Avg AUM / client
- $350K
- Accounts
- 1,103
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Apr 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 544 | $108M | 51.4% |
| High net worth individuals | 42 | $92.4M | 43.9% |
| Pension and profit sharing plans | 11 | $8.3M | 3.92% |
| Charitable organizations | 4 | $163K | 0.08% |
| Corporations and other businesses | 2 | $1.5M | 0.7% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| James Barry Watts | Owner/Chief Compliance Officer | Jan 2014 (13y) | 75% or more | |
| Eric Burlison | Registered representative | Sep 2019 (7y) | ||
| Ronald Anthony Roberts | Registered representative | Jan 2022 (5y) | ||
| Matthew Joseph Dean | Registered representative | Sep 2024 (2y) | ||
| Jeremy Zickefoose | Registered representative | Jan 2025 (2y) | ||
| Joey David Ledford | Registered representative | May 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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) | 04/28/2026 | 974 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: DURING A TIME WHEN WEALTHCARE'S CHIEF COMPLIANCE OFFICER WAS ON VACATION, INSPECTORS FROM THE SECURITIES DIVISION ARRIVED UNANNOUNCED AND BY SURPRISE IN WEALTHCARE'S OFFICE AND REQUESTED AN EMPLOYEE ALLOW THEM TO INSPECT THE BOOKS AND RECORDS OF THE COMPANY. THE EMPLOYEE DID NOT HAVE ACCESS TO THE REQUESTED RECORDS, WHICH---IN ACCORD WITH WRITTEN SUPERVISORY PROCEEDURES---ARE ONLY AVAILABLE TO THE CHIEF COMPLIANCE OFFICER. AS A RESULT THE SECURITIES DIVISION FILED AN ORDER FOR CENSURE AGAINST WEALTHCARE. Status: Final Sanction Detail: FINE ASSESSED AGAINST THE FIRM. NO ACTION WAS TAKEN AGAINST ANY INDIVIDUAL. Summary: ON 9/28/16, WEALTHCARE CONSENTED TO A FINE OF $5000 AND A CENSURE AGAINST THE FIRM. NO ACTION WAS TAKEN AGAINST ANY INDIVIDUAL. IT WAS LESS COSTLY TO SETTLE THE CASE THAN TO DEFEND AGAINST IT.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $196M (93% of AUM) Apr 2026
- Fidelity Distributors Company Llc $6.0M (3% of AUM) Apr 2026
- SEI Private Trust $4.0M (2% of AUM) Apr 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: Apr 28, 2026.
View current Form ADV (SEC/IAPD) ↗