Leesport Wealth Management, LLC (Wyomissing)

Leesport Wealth Management, LLC is a large advisory firm based in Wyomissing. It manages $32.31 million of regulatory assets for 262 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Pennsylvania.

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

Leesport Wealth Management: assets under management

The assets under management (AUM) of Leesport Wealth Management, LLC is $32.31 million. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $22.04 million in discretionary accounts and $10.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $285.3 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Leesport Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Leesport Wealth Management, LLC

Michael S Flanagan has been acting as President since 1 Sep 2002. Frank C. Melewski joined the executive team most recently as the Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Wyomissing

The principal office where Leesport Wealth Management, LLC performs its advisory services is located at 1240 Broadcasting Road, Wyomissing, PA 19610 The mailing address of the firm is Po Box 6287, Wyomissing, PA 19610. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-372-7737 or by fax 610-372-8463. The normal business hours are 9:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at www.leesportwealth.com; www.leesportbank.com.

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