Sterling Wealth Management

Financial Advisor in Wilmington, NC

Firm Info
Address: 2715 Ashton Dr Ste 102, Wilmington, NC 28412, USA
Phone: (910) 202-4656

Firm Size
Assets Under Management: $306.3 million
# of Advisors: 4
# of Clients: 496
Client to Advisor Ratio: 124:1
Average Account Size: $617,583
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors
  • Publication of Periodicals or Newsletters
  • Educational Seminars & Workshops
  • Other

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Sterling Wealth Management, Inc. Overview

Sterling Wealth Management, Inc. is a registered investment advisory firm located in Champaign, IL. Established in 2018, the firm provides investment advice-only services to clients. Sterling Wealth Management operates under a fee-only fee arrangement, meaning that their compensation is solely based on fees charged for the services provided to clients. The firm offers a wide range of services, including financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients, and pension consulting services. Sterling Wealth Management also offers additional services such as the selection of other advisors, publication of periodicals or newsletters, educational seminars, workshops, and more. At Sterling Wealth Management, their mission is to provide sound investment advice that is tailored to the individual needs of each client. The firm works diligently to provide comprehensive wealth management, investment, financial planning, and consulting services to ensure their clients have the necessary tools to help them achieve their financial goals. The team at Sterling Wealth Management is individualistic, highly trained, and experienced in the financial sector, which make them an ideal firm for anybody looking for investment advice in the Champaign, IL area.

Sterling Wealth Management, Inc. prides itself on serving a diverse range of clients with its comprehensive and customized financial services. The firm's client base includes individuals seeking wealth management solutions, high net worth individuals with complex financial needs, as well as pension and profit sharing plans. Sterling Wealth Management, Inc. also caters to charitable organizations and other corporation types, making it a versatile option for various client types seeking guidance on their finances. Clients of Sterling Wealth Management, Inc. have the option to choose from various fee structures, depending on the services received. The firm offers a percentage-based fee structure that is calculated based on assets under management (AUM), which allows clients to pay a percentage of their total investments as a management fee. Alternatively, clients can opt for an hourly fee structure for more tailored services. Finally, fixed fees are also available for clients seeking specific financial planning and advice services. These multiple fee structure options make Sterling Wealth Management, Inc. a flexible and accommodating option for clients with various budgetary constraints.

Typical Clients, Fee Structures & Investment Minimum

According to the note in their Part 2 Brochure, Sterling Wealth Management, Inc. generally has a minimum account size of $1,000,000. However, the firm has the discretion to require a lesser account minimum and/or reduce its advisory fee based on certain criteria such as anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, negotiations with the client, etc. The brochure does not mention any specific investment minimum amount.

How This Office Can Help Wilmington, NC Residents

Sterling Wealth Management is a financial advisory firm that assists clients in Wilmington, NC with their financial needs. The team at Sterling Wealth Management understands that everyone's financial situation is unique, and they provide customized financial planning services to meet each client's specific needs. They have extensive experience working with individuals and families in Wilmington, NC, and are well-equipped to help clients navigate the financial challenges they may be facing. Wilmington, NC has a diverse population, and individuals may be facing various financial situations. Some of the challenges could include retirement planning, managing debt, saving for college, or investing in real estate. The team at Sterling Wealth Management can provide guidance on these and other financial issues, as well as develop personalized financial plans to help clients meet their short-term and long-term financial goals. They take a holistic approach to financial planning, taking into account all aspects of a client's financial situation to ensure that their financial plan addresses all of their needs and goals.

To view the Minimum Investment and Fee Schedule for Sterling Wealth Management, Inc., visit their Part 2 Brochure.

Services Offered by Sterling Wealth Management, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Sterling Wealth Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 2715 Ashton Dr Ste 102, Wilmington, NC 28412, USA
Phone (910) 202-4656
Directions
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Other Office Locations

Firm Headquarters
Firm headquarters location 301 N. NEIL STREET, SUITE 203, CHAMPAIGN, IL 61820, United States

This firm has no other locations.

State Registrations

Sterling Wealth Management, Inc. is registered to service clients in the following states:

  • California
  • Colorado
  • Illinois
  • Michigan
  • Texas

Disciplinary History

Sterling Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

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