Wealth Advisor Group, LLC (Asheville)


Wealth Advisor Group, LLC is a large advisory firm based in Asheville. It manages $512.04 million of regulatory assets for 1,696 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, Georgia, and 5 other states.

Wealth Advisor Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealth Advisor Group: assets under management

The assets under management (AUM) of Wealth Advisor Group, LLC is $512.04 million. The firm's AUM has grown by 685% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $434.36 million in discretionary accounts and $77.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $800.79 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wealth Advisor Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wealth Advisor Group, LLC

Frank Woodfin Hoyle has been acting as President since 1 Mar 2004. Frederick Franklin Kramer has served as the Chief Investment Officer since 1 Oct 2000. Catherine Barbara Smith Anderson joined the executive team most recently as the Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Frederick Franklin Kramer Chief investment officer 1 Oct 2000 Other 1088636
Frank Woodfin Hoyle President 1 Mar 2004 Other 1366978
Dixon Hughes Financial Services Llc Member 1 Mar 2004 75% - 100% 57-1104234
Catherine Barbara Smith Anderson Compliance officer 1 Jul 2004 Other 3273886

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Dixon Hughes Pllc Member 1 Mar 2004 50% - 75% 56-0747981

Based in Asheville

The principal office where Wealth Advisor Group, LLC performs its advisory services is located at 500 Ridgefield Court, Suite 100, Asheville, NC 28806 The mailing address of the firm is P.O. Box 3049, Asheville, NC 28802. An additional office of the firm is in Raleigh, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-840-4715 or by fax 828-236-5899. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at wealthadvisorgroup.com.