Act Wealth Management provides portfolio management for individuals and small businesses, pension consulting, estate planning, financial planning, insurance, and tax planning.
Act Wealth Management reports 264 clients. They include 226 high-net-worth individuals and 38 individual clients. Of its assets, 100.0% ($569M across 616 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 14% | 2% |
| High-net-worth individuals | 86% | 98% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 38 | $12.6M | 2.2% | $330K |
| High-net-worth individuals | 226 | $556M | 97.8% | $2.46M |
| Total | 264 | $569M | 100% | $2.15M |
- Clients
- 38
- Regulatory AUM
- $12.6M
- AUM share
- 2.2%
- Avg. per client
- $330K
- Clients
- 226
- Regulatory AUM
- $556M
- AUM share
- 97.8%
- Avg. per client
- $2.46M
Total
- Clients
- 264
- Regulatory AUM
- $569M
- AUM share
- 100%
- Avg. per client
- $2.15M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Act Wealth Management charges up to 1.50% a year for its Investment advisory services. The fee is billed in advance and is negotiable.
Fee details and sources
Daniel Archer owns 25% to 50% of Act Wealth Management. The leadership team of Act Wealth Management includes President Kally Alkire. It has 5 employees.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 soliciting firm
- Owns 25% to 50% of Act Wealth Management, LLC
Daniel Archer
Control person · since December 2010
- Owns 25% to 50% of Act Wealth Management, LLC
Brennan Cross
Control person · since December 2010
- Owns 10% to 25% of Act Wealth Management, LLC
Raymon Tanner
Control person · since December 2010
- Owns 5% to 10% of Act Wealth Management, LLC
Kally Alkire
Control person · since February 2025
Act Wealth Management’s regulatory assets grew 1.7× from $339M (June 2021) to $569M (February 2026); clients rose from 194 to 264 and employees fell from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $569M | 264 | 5 | 2 |
| Feb 2025February 2025 | $461M | 247 | 5 | 2 |
| Feb 2024February 2024 | $395M | 228 | 4 | 2 |
| Feb 2023February 2023 | $332M | 213 | 4 | 2 |
| Mar 2022March 2022 | $378M | 195 | 7 | 2 |
| Jun 2021June 2021 | $339M | 194 | 6 | 2 |
Besides its headquarters, Act Wealth Management has 1 office, with 2 listed addresses across 2 states.
North Carolina · 1 listed address
- 8601 Six Forks Road, Raleigh
Texas · 1 listed address
- One Bethany East, 900 West Bethany Drive, Suite 150, AllenHQ
Contact and registration details
- Legal name
- Act Wealth Management, LLC
- Headquarters
- One Bethany East, 900 West Bethany Drive, Suite 150, Allen, TX 75013
- Website
- actwealthmanagement.com
- Phone
- 214-618-2022
- @act-wealth-management-llc
- SEC file
- 801-71924
- Founded
- 2010
- Structure
- Texas LLC
- Fiscal year end
- December
Act Wealth Management’s named custodians for separately managed accounts are Charles Schwab ($523M, 92%) and Fidelity ($44.8M, 8%). Act Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $523M92%
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $44.8M8%
At year end, Act Wealth Management’s separately managed accounts were mostly in stocks (55%) and funds (41%). Its reported 13F holdings for the quarter ended 30 June 2026 total $340M across 64 positions; the largest are Vanguard Index Fds (15.4%), Vanguard Whitehall Fds (12.6%) and Invesco Exchange Traded FD T (10.7%).
What the accounts hold
- Stocks55%
- Funds41%
- Cash4%
How many clients does Act Wealth Management have?
Act Wealth Management has 264 clients and manages $569 million for them, as of February 2026. They include 226 high-net-worth individuals and 38 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 February 2026
What services does Act Wealth Management offer?
Act Wealth Management provides portfolio management for individuals and small businesses, pension consulting, estate planning, financial planning, insurance, 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 Act Wealth Management charge?
Act Wealth Management charges up to 1.50% a year for its Investment advisory services. The fee is billed in advance and is negotiable.
Which custodians does Act Wealth Management use?
Act Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $523M and Fidelity Distributors Company LLC (Smithfield, RI), with $44.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 February 2026
How many financial advisors does Act Wealth Management have?
Act Wealth Management has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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 Act Wealth Management invest in?
At the end of its last fiscal year, Act Wealth Management’s separately managed accounts held 55% exchange-traded equities, 41% registered funds (mutual funds, ETFs, BDCs) and 4% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Act Wealth Management?
Act Wealth Management’s direct owners are Daniel Archer, Raymon Tanner, Brennan Cross and Kally Alkire, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 17 February 2026
How does Act Wealth Management get paid?
Act Wealth Management is paid through a percentage of assets under management. 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
How do I contact Act Wealth Management?
Act Wealth Management’s main office is at One Bethany East, 900 West Bethany Drive, Suite 150, Allen, TX 75013. Its phone number is 214-618-2022. Its website is actwealthmanagement.com.