Arcadia Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 500 clients last fiscal year.
Arcadia Wealth Management reports 669 clients. They include 561 individual clients, 94 high-net-worth individuals, and 7 pension and profit-sharing plans. Of its assets, 97.9% ($436M across 1,986 accounts) are managed with discretion; $9.21M across 28 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 50% |
| High-net-worth individuals | 14% | 48% |
| Pension and profit-sharing plans | 1% | <1% |
| Corporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 561 | $222M | 49.9% | $396K |
| High-net-worth individuals | 94 | $214M | 48.1% | $2.28M |
| Pension and profit-sharing plans | 7 | $498K | 0.1% | $71.1K |
| Corporations and other businesses | 7 | $8.48M | 1.9% | $1.21M |
| Total | 669 | $446M | 100% | $666K |
- Clients
- 561
- Regulatory AUM
- $222M
- AUM share
- 49.9%
- Avg. per client
- $396K
- Clients
- 94
- Regulatory AUM
- $214M
- AUM share
- 48.1%
- Avg. per client
- $2.28M
- Clients
- 7
- Regulatory AUM
- $498K
- AUM share
- 0.1%
- Avg. per client
- $71.1K
- Clients
- 7
- Regulatory AUM
- $8.48M
- AUM share
- 1.9%
- Avg. per client
- $1.21M
Total
- Clients
- 669
- Regulatory AUM
- $446M
- AUM share
- 100%
- Avg. per client
- $666K
- 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
- 500
Arcadia Wealth Management charges 0.40%–1.50% a year for its Portfolio Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.40% |
| $500K–$1M | 1.25% |
| $1M–$2M | 1.00% |
| $2M–$3M | 0.85% |
| $3M–$5M | 0.65% |
| $5M–$10M | 0.50% |
| $10M and above | 0.40% |
Fee details and sources
Other fees
- Pension Consulting
- Pension consulting is an asset-based annual fee of 1.00% of plan assets, withdrawn monthly in arrears; generally negotiable.
Michael Panico owns 75% or more of Arcadia Wealth Management. The leadership team of Arcadia Wealth Management includes Chief Operating Officer Jessica Panico and Chief Compliance Officer Michael Panico. It has 20 employees, 10 of them in advisory roles.
Leadership
- Jessica PanicoChief Operating Officer
Michael PanicoCEO & Chief Compliance Officer
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
Staff
- 20 employees
- 10 in advisory functions
- 10 state-registered reps
- 9 insurance agents
- Owns 75% or more of Arcadia Wealth Management, LLC
Michael Panico
Control person · since May 2016
Arcadia Wealth Management’s regulatory assets grew 2.8× from $159M (July 2021) to $446M (August 2026); clients rose from 395 to 669 and employees from 13 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $446M | 669 | 20 | 2 |
| July 2025 | $380M | 747 | 22 | 2 |
| June 2024 | $337M | 1,494 | 21 | 2 |
| July 2023 | $210M | 1,080 | 18 | 2 |
| June 2022 | $213M | 483 | 15 | 2 |
| July 2021 | $159M | 395 | 13 | 2 |
Besides its headquarters, Arcadia Wealth Management has 1 office, with 2 listed addresses in Massachusetts and New Hampshire.
Massachusetts · 1 listed address
- 40 Shattuck RD, Andover
New Hampshire · 1 listed address
- 155 Dow Street, Suite 301, ManchesterHQ
Contact and registration details
- Legal name
- Arcadia Wealth Management, LLC
- Headquarters
- 155 Dow Street, Suite 301, Manchester, NH 03101
- Website
- arcadia.financial
- Phone
- 603-681-9190
- @arcadia-financial-group
- SEC file
- 801-121212
- Structure
- New Hampshire LLC
- Fiscal year end
- December
Arcadia Wealth Management uses Fidelity ($436M) as custodian for its separately managed accounts. Arcadia Wealth Management does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $436M100%
At year end, Arcadia Wealth Management’s separately managed accounts were mostly in funds (88%). Its reported 13F holdings for the quarter ended 30 June 2026 total $319M across 66 positions; the largest are Vanguard Index Fds (12.8%), Vanguard Tax-managed Fds (12.4%) and Vanguard Index Fds (9.3%).
What the accounts hold
- Stocks4%
- Funds88%
- Cash8%
Reported 13F holdings
- $319M
- Reported 13F value
- 66
- Positions
- 65.8%
- In the 10 largest
- +15.3%
- Value vs. prior quarter
- Vanguard Index Fds · Growth ETF12.8%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt12.4%
- Vanguard Index Fds · Value ETF9.3%
- SPDR Series Trust · ST Str P500etf6.0%
- iShares TR · US Treas BD ETF5.2%
- iShares TR · MSCI Acwi EX US5.1%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF4.5%
- iShares TR · Rus 1000 Grw ETF4.1%
- Vanguard Charlotte Fds · Total Int BD ETF3.2%
- iShares TR · Rus 1000 Val ETF3.1%
Together, the ten largest are 65.8% of reported value.
How many clients does Arcadia Wealth Management have?
Arcadia Wealth Management has 669 clients and manages $446 million for them, as of August 2026. They include 561 individual clients, 94 high-net-worth individuals, and 7 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 August 2026
What services does Arcadia Wealth Management offer?
Arcadia Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Arcadia Wealth Management charge?
Arcadia Wealth Management charges 0.40%–1.50% a year for its Portfolio Management Fees. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.
Source: ADV 2A, filed 10 March 2026
Which custodians does Arcadia Wealth Management use?
Arcadia Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $436M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 August 2026
How many financial advisors does Arcadia Wealth Management have?
Arcadia Wealth Management has 10 investment adviser representatives registered with state securities authorities, out of 20 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 9 employees 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 Arcadia Wealth Management invest in?
At the end of its last fiscal year, Arcadia Wealth Management’s separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents and 4% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Arcadia Wealth Management?
Arcadia Wealth Management’s direct owner is Michael Panico (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 August 2026
How does Arcadia Wealth Management get paid?
Arcadia 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 Arcadia Wealth Management?
Arcadia Wealth Management’s main office is at 155 Dow Street, Suite 301, Manchester, NH 03101. Its phone number is 603-681-9190. Its website is arcadia.financial.