Decker Wealth Management, LLC (Nashville)

Name: Decker Wealth Management, LLC
Address: 4535 Harding Pike, Nashville, TN, 37205
Telephone: 615-212-2958

Decker Wealth Management, LLC is a large advisory firm based in Nashville. It manages $160.57 million of regulatory assets for 463 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arkansas, California, Tennessee, and Texas.

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

Decker Wealth Management: assets under management

The assets under management (AUM) of Decker Wealth Management, LLC is $160.57 million. The firm's AUM has grown by 525% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.91 million in discretionary accounts and $1.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $346.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $415.31 thousand.

Decker Wealth Management has custody of $9.31 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Decker Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed 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 Decker Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Decker Wealth Management is high net worth individuals with 62 clients and $134.82 million of assets under management. Among the 7 most similar advisory firms, Decker Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $160.57 million for 191 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Decker Wealth Management doesn't advise any private funds.

Careers at Decker Wealth Management, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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
William Shannon Decker	Managing member	1 Apr 2009	75% - 100%	2243114
Valerie Marie Wilson	Chief compliance officer	1 Apr 2009	Other	1941683
Valerie M Mayfield	Chief compliance officer	1 Apr 2009	Other	1941683
Valerie Marie Mayfield	Chief compliance officer	1 Apr 2009	Other	1941683

Based in Nashville

The principal office where Decker Wealth Management, LLC performs its advisory services is located at 4535 Harding Pike, Nashville, TN 37205, which is also the mailing address of the firm. An additional office of the firm is in Columbia, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 615-212-2958 or by fax 615-349-1707. The normal business hours are by appointment only on Other. You can find more information about the New York firm at deckerwealth.com.