Philip James Wealth Management, Llc
- Regulatory AUM
- $931M
- Discretionary
- $926M
- Clients
- 497
- Avg AUM / client
- $1.9M
- Accounts
- 1,235
- Employees
- 9
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 11, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 304 | $80.0M | 8.6% |
| High net worth individuals | 193 | $807M | 86.7% |
| Charitable organizations | Fewer than 5 clients | $44.0M | 4.73% |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Nicholas Ward Mcelroy | Cco & Managing Member | Jul 2018 (8y) | 25% – 50% | |
| Todd William Mcelroy | Managing Member | Jul 2018 (8y) | 25% – 50% | |
| Jacklitch, Dean | Investor | Sep 2020 (6y) | 5% – 10% | |
| Hines, Brion, Ryden | Chief Investment Officer | Jan 2022 (5y) | 10% – 25% | |
| Dustin Mitchell Dorhout | Chief Investment Officer | Jan 2022 (5y) | 10% – 25% | |
| Ruben Victor Rozental | Registered representative | Mar 2020 (6y) | ||
| Cynthia Lynn Hunt | Registered representative | Feb 2022 (5y) | ||
| David Gregory Parkinson | Registered representative | CFA | Jul 2024 (2y) | |
| Katie M White | Registered representative | CFP | Dec 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) | 05/11/2026 | 1.02 MB | 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
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $923M (99% of AUM) May 2026
- Principal Financial $74.1M (29% of AUM) Mar 2023
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 11, 2026.
View current Form ADV (SEC/IAPD) ↗