Absher Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, divorce planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Absher Wealth Management reports 691 clients. They include 377 high-net-worth individuals, 288 individual clients, and 10 pension and profit-sharing plans. Of its assets, 92.6% ($1.17B across 1,763 accounts) are managed with discretion; $93.4M across 705 accounts are not. A wrap fee program the firm both sponsors and manages holds $1.17B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 7% |
| High-net-worth individuals | 55% | 90% |
| Pension and profit-sharing plans | 1% | 1% |
| Charitable organizations | 1% | 2% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 288 | $83.1M | 6.6% | $288K |
| High-net-worth individuals | 377 | $1.13B | 89.7% | $3M |
| Pension and profit-sharing plans | 10 | $12.9M | 1.0% | $1.29M |
| Charitable organizations | 9 | $30.7M | 2.4% | $3.42M |
| Corporations and other businesses | 7 | $2.63M | 0.2% | $376K |
| Total | 691 | $1.26B | 100% | $1.82M |
- Clients
- 288
- Regulatory AUM
- $83.1M
- AUM share
- 6.6%
- Avg. per client
- $288K
- Clients
- 377
- Regulatory AUM
- $1.13B
- AUM share
- 89.7%
- Avg. per client
- $3M
- Clients
- 10
- Regulatory AUM
- $12.9M
- AUM share
- 1.0%
- Avg. per client
- $1.29M
- Clients
- 9
- Regulatory AUM
- $30.7M
- AUM share
- 2.4%
- Avg. per client
- $3.42M
- Clients
- 7
- Regulatory AUM
- $2.63M
- AUM share
- 0.2%
- Avg. per client
- $376K
Total
- Clients
- 691
- Regulatory AUM
- $1.26B
- AUM share
- 100%
- Avg. per client
- $1.82M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Absher Wealth Management charges 0.75%–1.10% a year for its Portfolio and Wealth Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting are billed hourly, at a fixed rate or per project, and generally will not exceed $20,000.
Michael Absher owns 75% or more of Absher Wealth Management. The leadership team of Absher Wealth Management includes President Michael Absher and Chief Compliance Officer Kevin Mishoe. It has 9 employees, 7 of them in advisory roles.
Leadership
- Michael AbsherManaging Director & President
- Kevin MishoeChief Compliance Officer
- Jennifer OravskySenior Wealth Planner
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Michael Forester Absher JR
- William Stuart Bost IV
- Christine Marie Foster-Perry
- Jonathan S George
- Kevin L Mishoe
- Jennifer Lynn Oravsky
- Robert Lee Roland IV
- Zakariya Wahdan
Staff
- 9 employees
- 7 in advisory functions
- 7 state-registered reps
- Owns 75% or more of Absher Wealth Management, LLC
Michael Absher
Control person · since July 2019
- Owns 5% to 10% of Absher Wealth Management, LLC
Jennifer Oravsky
since July 2019
Absher Wealth Management’s regulatory assets grew 2.1× from $609M (June 2021) to $1.26B (May 2026); clients rose from 409 to 691 and employees from 5 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $1.26B | 691 | 9 | 3 |
| March 2025 | $1.1B | 661 | 8 | 2 |
| July 2024 | $944M | 598 | 8 | 2 |
| March 2023 | $751M | 516 | 7 | 2 |
| March 2022 | $813M | 451 | 5 | 1 |
| June 2021 | $609M | 409 | 5 | 1 |
Besides its headquarters, Absher Wealth Management has 2 offices, with 3 listed addresses in North Carolina.
North Carolina · 3 listed addresses
- 1450 Raleigh Road,, Suite 105, Chapel HillHQ
- 3605 Glenwood Avenue, Raleigh
- 1500 Meadowview DR, Wilkesboro
Contact and registration details
- Legal name
- Absher Wealth Management, LLC
- Headquarters
- 1450 Raleigh Road,, Suite 105, Chapel Hill, NC 27517
- Website
- absherwealth.com
- Phone
- 919-283-2340
- SEC file
- 801-117177
- Founded
- 2019
- Structure
- North Carolina LLC
- Fiscal year end
- December
Absher Wealth Management uses Wells Fargo Clearing Services ($1.26B) as custodian for its separately managed accounts. Absher Wealth Management has custody of $317M in client assets for 365 clients.
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $1.26B100%
At year end, Absher Wealth Management’s separately managed accounts were mostly in stocks (96%). Its reported 13F holdings for the quarter ended 30 June 2026 total $878M across 73 positions; the largest are Automatic Data Processing IN (5.5%), Emerson Elec CO (5.4%) and M & T BK Corp. (5.1%).
What the accounts hold
- Stocks96%
- Exchange-traded equities77%
- Non-exchange-traded equities19%
- Funds1%
- Bonds1%
- Cash2%
Reported 13F holdings
- $878M
- Reported 13F value
- 73
- Positions
- 47.2%
- In the 10 largest
- +3.0%
- Value vs. prior quarter
- Automatic Data Processing IN5.5%
- Emerson Elec CO5.4%
- M & T BK Corp.5.1%
- Visa Inc. · Com CL A5.0%
- Abbott Laboratories4.6%
- Lincoln Elec Hldgs Inc.4.5%
- Analog Devices Inc.4.5%
- Johnson & Johnson4.3%
- Microsoft Corp.4.2%
- Pepsico Inc.4.2%
Together, the ten largest are 47.2% of reported value.
How many clients does Absher Wealth Management have?
Absher Wealth Management has 691 clients and manages $1.26 billion for them, as of May 2026. They include 377 high-net-worth individuals, 288 individual clients, and 10 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 May 2026
What services does Absher Wealth Management offer?
Absher Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, divorce planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Absher Wealth Management charge?
Absher Wealth Management charges 0.75%–1.10% a year for its Portfolio and Wealth Management Services. The fee is billed in advance and is negotiable.
Source: ABSHER WEALTH MANAGEMENT FORM ADV PART 2A, filed 20 May 2026
Which custodians does Absher Wealth Management use?
Absher Wealth Management’s separately managed account assets are held at Wells Fargo Clearing Services, LLC (St. Louis, MO), with $1.26B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 May 2026
How many financial advisors does Absher Wealth Management have?
Absher Wealth Management has 7 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Absher Wealth Management invest in?
At the end of its last fiscal year, Absher Wealth Management’s separately managed accounts held 77% exchange-traded equities, 19% non-exchange-traded equities, 2% cash and equivalents, 1% investment grade corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Absher Wealth Management?
Absher Wealth Management’s direct owners are Michael Absher (75% or more) and Jennifer Oravsky (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 May 2026
How does Absher Wealth Management get paid?
Absher Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Absher Wealth Management registered with the SEC?
Yes, Absher Wealth Management has been registered with the SEC as an investment adviser since 13 August 2019. Its CRD number is 304642 and its SEC file number is 801-117177.
Source: Form ADV Part 1A, Item 1, filed 20 May 2026; IAPD firm record
How do I contact Absher Wealth Management?
Absher Wealth Management’s main office is at 1450 Raleigh Road,, Suite 105, Chapel Hill, NC 27517. Its phone number is 919-283-2340. Its website is absherwealth.com.