Clients
Ae Wealth Management serves 128,073 clients, 117,769 of them other individuals. The average client has about $389,000 with the firm, and high-net-worth clients hold 38% of its $49.8 billion in assets.
- Individuals117,769 clients61%
- High-net-worth individuals9,444 clients38%
- OtherPension and profit-sharing plans, Charitable organizations, Corporations and other businesses1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 117,769 | $30,200,616,450 | 60.6% | $256K |
| High-net-worth individuals | 9,444 | $19,076,295,563 | 38.3% | $2.02M |
| Pension and profit-sharing plans | 207 | $195,873,220 | 0.4% | $946K |
| Charitable organizations | 32 | $8,673,919 | 0.0% | $271K |
| Corporations and other businesses | 621 | $355,926,736 | 0.7% | $573K |
| Total | 128,073 | $49,837,385,888 | 100% | $389K |
- Clients
- 117,769
- Regulatory AUM
- $30,200,616,450
- Share
- 60.6%
- Avg. per client
- $256K
- Clients
- 9,444
- Regulatory AUM
- $19,076,295,563
- Share
- 38.3%
- Avg. per client
- $2.02M
- Clients
- 207
- Regulatory AUM
- $195,873,220
- Share
- 0.4%
- Avg. per client
- $946K
- Clients
- 32
- Regulatory AUM
- $8,673,919
- Share
- 0.0%
- Avg. per client
- $271K
- Clients
- 621
- Regulatory AUM
- $355,926,736
- Share
- 0.7%
- Avg. per client
- $573K
Total
- Clients
- 128,073
- Regulatory AUM
- $49,837,385,888
- Share
- 100%
- Avg. per client
- $389K
What it does
Ae Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars. It is paid through a percentage of assets, hourly charges and fixed fees.
Ae Wealth Management provided financial planning to 26–50 clients last fiscal year and advises no private funds.
100.0% of assets ($49.84B across 282,995 accounts) are managed with discretion. $49.84B sits in a wrap fee program the firm both sponsors and manages. 0% of clients are outside the U.S., and 10 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks33%
- Funds59%
- Registered funds58%
- Pooled vehicles1%
- Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash6%
Custodians
Ae Wealth Management’s client accounts are held mainly at Fidelity, with 59% of managed assets, and Charles Schwab, with 41%. Ae Wealth Management has custody of $9.08B for 56,733 clients.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $29.49B59%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $20.35B41%
- All other custodians$1.24M0%
Ownership and leadership
DDC Holdings LLC owns 75% or more of Ae Wealth Management, and David Callanan is its CEO.
- Owns 75% or more of Ae Wealth Management, LLC
DDC Holdings LLC
Control person · since December 2015
- Owns 50% to 75% of DDC Holdings LLC
David Callanan
Control person · since December 2015
- Owns 50% to 75% of DDC Holdings LLC
Cody Foster
Control person · since December 2015
- Owns 25% to 50% of Ae Wealth Management, LLC
Karlun M. Callanan 2016
Control person · since July 2016
- Owns 25% to 50% of Ae Wealth Management, LLC
Jennifer A. Foster 2016 Irrevocable
Control person · since July 2016
- Owns 25% to 50% of Ae Wealth Management, LLC
Karlun M. Callanan 2016 Irrevocable Trust A
Control person · since July 2016
- Owns 5% to 10% of Ae Wealth Management, LLC
One Ae, LLC
Control person · since January 2021
Leadership
- David CallananChief Executive Officer
- Shannon LarsonPresident
- Amy KlotzChief Financial Officer
- Shawn ScholzChief Compliance Officer
- Michael MillerChief Operations Officer
- David WolfeGeneral Counsel and Secretary
Staff
- 630 employees
- 448 in advisory functions
- 448 state-registered reps
- 83 broker-dealer reps
- 361 insurance agents
- 12 soliciting firms
Reported holdings
Ae Wealth Management’s reported 13F holdings total $21.45B across 2,663 positions, and the ten largest make up 21.2% of it.
- $21.45B
- Reported 13F value
- 2,663
- Positions
- 21.2%
- In the 10 largest
- +16.0%
- Value vs. prior quarter
- Nvidia Corporation3.6%
- Apple Inc.3.5%
- Microsoft Corp.2.4%
- Janus Detroit Str TR · Hendrsn Shrt ETF2.0%
- Amazon Com Inc.1.9%
- iShares TR · Core S&P500 ETF1.8%
- SPDR Series Trust · ST Str P500grw1.6%
- Alphabet Inc. · Cap Stk CL A1.6%
- Broadcom Inc.1.4%
- Micron Technology Inc.1.4%
Together, the ten largest are 21.2% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $21.45B is not its $49.84B in regulatory assets and does not represent any individual client's portfolio.
Fees
Ae Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees).
Ae Wealth Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Ae Wealth Management has 314 offices, with 26 listed addresses across 16 states.
Arizona · 3 listed addresses
- 3075 N Swan RD, Tucson
- 7205 E Southern Ave, Mesa
- 10699 W Bell RD, Sun City
Florida · 3 listed addresses
- 1301 Riverplace BLVD, Jacksonville
- 10151 Deerwood Park BLVD, Jacksonville
- 545 S Pine ST, Sebring
Ohio · 3 listed addresses
- 7908 Cincinnati Dayton RD, West Chester
- 10403 Harrison Ave, Harrison
- One Russell Place, Dayton
Alabama · 2 listed addresses
- 2057 Valleydale RD, Birmingham
- 305 Quality Circle NW, Huntsville
Kansas · 2 listed addresses
- 2950 SW McClure Road, Suite B, TopekaHQ
- 626 SW Governor Place, Topeka
Kentucky · 2 listed addresses
- 155 N Fort Thomas Ave, FT Thomas
- 2135 Chamber Center DR, Fort Mitchell
North Carolina · 2 listed addresses
- 80 Peachtree RD, Asheville
- 735 5th Ave W, Hendersonville
California · 1 listed address
- 2011 Palomar Airport RD, Carlsbad
Illinois · 1 listed address
- 185 Buckley DR, Rockford
Indiana · 1 listed address
- 348 Walnut Street, Lawrence
Louisiana · 1 listed address
- 2800 Veterans Memorial BLVD, Metairie
Massachusetts · 1 listed address
- 25 Recreation Park DR, Hingham
Michigan · 1 listed address
- 880 West Long Lake RD, Troy
Pennsylvania · 1 listed address
- 1603 Rodney RD, York
Rhode Island · 1 listed address
- 250 F Centerville RD, Warwick
South Carolina · 1 listed address
- 211 Randall ST, Greer
Registration details
- Legal name
- Ae Wealth Management, LLC
- Headquarters
- 2950 SW McClure Road, Suite B, Topeka, KS 66614
- Phone
- 866-363-9595
- Website
- www.aewealthmanagement.com
- SEC file
- 801-107319
- Structure
- Kansas LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Ae Wealth Management have?
Ae Wealth Management has 128,073 clients and manages $49.8 billion for them, as of August 2026. They include 117,769 other individuals, 9,444 high-net-worth individuals and 621 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 August 2026
What services does Ae Wealth Management offer?
Ae Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ae Wealth Management use?
Ae Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $29,487,918,649 and Charles Schwab & Co., Inc. (Westlake, TX), with $20,348,223,195. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 August 2026
How many financial advisors does Ae Wealth Management have?
Ae Wealth Management has 448 investment adviser representatives registered with state securities authorities, out of 630 employees, and 448 perform investment advisory functions. 83 are registered representatives of a broker-dealer and 361 are 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 Ae Wealth Management invest in?
At the end of its last fiscal year, Ae Wealth Management’s separately managed accounts held 58% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 6% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ae Wealth Management?
Ae Wealth Management is owned through a holding company by David Callanan and Cody Foster. Its direct owners are Karlun M. Callanan 2016 (25% to 50%), Jennifer A. Foster 2016 Irrevocable (25% to 50%), DDC Holdings LLC (75% or more), Karlun M. Callanan 2016 Irrevocable Trust A (25% to 50%) and One Ae, LLC (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 13 August 2026
How does Ae Wealth Management get paid?
Ae 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
