Forthright Wealth Management, Llc
- Regulatory AUM
- $773M
- Discretionary
- $767M
- Clients
- 575
- Avg AUM / client
- $1.3M
- Accounts
- 1,922
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of May 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 301 | $94.7M | 12.2% |
| High net worth individuals | 266 | $667M | 86.2% |
| Charitable organizations | Fewer than 5 clients | $186K | 0.02% |
| Corporations and other businesses | 8 | $11.7M | 1.51% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Anthony Austreng | Managing Partner, Chief Compliance Officer, Chief Financial Officer | CFP | May 2015 (11y) | ≈ 18.75% – 50% via Tj Austreng, Llc |
| Brian Patrick Johnston | Managing Partner, Chief Investment Officer | CFP | May 2015 (11y) | ≈ 18.75% – 50% via Bp Johnston, Llc |
| Jeff Richard Wills | Managing Partner, Chief Operating Officer | May 2015 (11y) | ≈ 18.75% – 50% via Jr Wills, Llc | |
| John Joseph Ellis | Managing Partner And Chief Technology Officer | CFP | Jun 2015 (11y) | ≈ 18.75% – 50% via Jj Ellis, Llc |
| Carson Banks Fields | Registered representative | CFP | May 2021 (5y) | |
| Charles Howard Arnold | Registered representative | Aug 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Tj Austreng, Llc | Member | May 2015 | A | 25% – 50% |
| Bp Johnston, Llc | Member | May 2015 | A | 25% – 50% |
| Jr Wills, Llc | Member | May 2015 | A | 25% – 50% |
| Jj Ellis, Llc | Member | Jan 2018 | A | 25% – 50% |
Estimated effective ownership (look-through of filed bands):
- Anthony Austreng: 75% – 100% of Tj Austreng, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Brian Patrick Johnston: 75% – 100% of Bp Johnston, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Jeff Richard Wills: 75% – 100% of Jr Wills, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- John Joseph Ellis: 75% – 100% of Jj Ellis, Llc × 25% – 50% direct ≈ 18.75% – 50% 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) | 05/27/2026 | 923 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
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- Raymond James $767M (99% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: May 27, 2026.
View current Form ADV (SEC/IAPD) ↗