Eversource Wealth Advisors, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Eversource Wealth Advisors, LLC
Overview
Eversource Wealth Advisors, LLC is located at 3500 Colonnade Parkway, Birmingham, AL. The firm employs 40 financial advisors to manage client portfolios and provide financial guidance. Eversource Wealth Advisors, LLC is not a registered broker-dealer.
Eversource Wealth Advisors, LLC oversees $2.7 billion in assets under management across 8,119 accounts, of which 7,965 are discretionary and 154 are non-discretionary. Over the past year, the firm has provided financial planning services to 1,000 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, publication of newsletters, and educational seminars. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, corporations, and other types of investors, with high net worth investors being the largest client type by accounts. The fee structure at Eversource Wealth Advisors, LLC includes asset-based, hourly, and fixed fees. The firm has 1,288 high net worth clients and maintains affiliations with an accountant or accounting firm.
Eversource Wealth Advisors, LLC is registered in the states of Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Arkansas, Illinois, Kentucky, Michigan, District of Columbia, Kansas, Massachusetts, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Eversource Wealth Advisors, LLC by the Numbers
$2.7 billion
59
8,119
$331.9 thousand
Products and Services
Eversource Wealth Advisors, LLC offers a number of services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, selection of other advisers, publication of newsletters, and educational seminars. In the past fiscal year, Eversource Wealth Advisors, LLC provided 1000 of its customers with financial planning services. The Company is engaged in selling products or offering services apart from investment advice to its clients.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
-
Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees charged by financial advisors largely are based on the type of services provided. Fees charged by Eversource Wealth Advisors, LLC most likely include some blend of the following fee structures: asset-based, hourly, or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are provided by Eversource Wealth Advisors, LLC.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The firm works with a broad range of clients. It provides services to retail investors, high net worth investors, pension plans, charitable organizations, corporations, and other. Out of its 6 clients, Eversource Wealth Advisors, LLC's largest client type by number of accounts is high net worth investors, but it also manages money for 1288 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 under management or a net worth of at least $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 47.01%
- Other Individuals - 20.55%
- Corporations - 32.3%
- Charitable Organizations - 0.15%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Eversource Wealth Advisors, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Eversource Wealth Advisors, LLC
Knoxville, TN
Jacksonville, FL
Mckinney, TX
Fairfax, VA
Birmingham, AL
Birmingham, AL
Jacksboro, TN
Reno, NV
Eustis, FL
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.