Campbell Deegan Wealth Management, LLC (Richmond)

Name: Campbell Deegan Wealth Management, LLC
Address: 8730 Stony Point Parkway, Richmond, VA, 23235
Telephone: 804-913-1114

Campbell Deegan Wealth Management, LLC is a large advisory firm based in Richmond. It manages $307.69 million of regulatory assets for 1,112 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Florida, and 11 other states.

Campbell Deegan Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Campbell Deegan Wealth Management: assets under management

The assets under management (AUM) of Campbell Deegan Wealth Management, LLC is $307.69 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Campbell Deegan 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 Campbell Deegan Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Campbell Deegan Wealth Management is individuals with 359 clients and $200 million of assets under management. Among the 12 most similar advisory firms, Campbell Deegan Wealth Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $307.69 million for 555 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.

Campbell Deegan Wealth Management doesn't advise any private funds.

Careers at Campbell Deegan Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Llc Focus Operating	Member (manager)	1 Jul 2017	75% - 100%	20-816191
Llc Focus Formation Holdings	Member (manager)	1 Jul 2017	75% - 100%	82-2237678
Sean Colin Campbell	Managing partner, ceo	1 Feb 2018	Other	3130454
Timothy Ryan Deegan	Chief compliance officer, coo	1 Feb 2018	Other	5898309

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
L.P. Trident Vi Parallel Fund	Member	1 Apr 2017	75% - 100%	98-1132009
Llc Trident Ffp Blocker	Limited partner	1 May 2017	25% - 50%	82-1662776
L.P. Trident Vi	Limited partner	1 May 2017	25% - 50%	98-1131820
L.P. Trident Ffp	Member	1 Jul 2017	25% - 50%	82-1662703
Focus Financial Partners Inc.	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Richmond

The principal office where Campbell Deegan Wealth Management, LLC performs its advisory services is located at 8730 Stony Point Parkway, Richmond, VA 23235, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-913-1114 or by fax 804-913-1119. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cdfva.com.