Sheppard Wealth Management, LLC (Bend)


Sheppard Wealth Management, LLC is a large advisory firm based in Bend. It manages $130.36 million of regulatory assets for 133 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Oregon, and Washington.

Sheppard Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sheppard Wealth Management: assets under management

The assets under management (AUM) of Sheppard Wealth Management, LLC is $130.36 million. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.7 million in discretionary accounts and $6.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $937.13 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.66 million.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sheppard Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sheppard Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Sheppard Wealth Management is high net worth individuals with 59 clients and $99.98 million of assets under management. Among the 13 most similar advisory firms, Sheppard Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $130.36 million for 133 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Sheppard Wealth Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Sheppard Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Sheppard Swanson Managing member, chief compliance officer 1 Apr 2014 75% - 100% 3070826

Based in Bend

The principal office where Sheppard Wealth Management, LLC performs its advisory services is located at 360 Sw Bond St., Bend, OR 97702, which is also the mailing address of the firm. An additional office of the firm is in Eugene, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 541-604-8603. The normal business hours are 8:00 am - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sheppardwealth.com.