Atlas Wealth provides portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Atlas Wealth reports 2,903 clients. They include 2,672 individual clients, 212 high-net-worth individuals, and 13 corporations and other businesses. Of its assets, 100.0% ($873M across 2,903 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 92% | 11% |
| High-net-worth individuals | 7% | 85% |
| 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) | 2,672 | $99.9M | 11.4% | $37.4K |
| High-net-worth individuals | 212 | $744M | 85.2% | $3.51M |
| Pension and profit-sharing plans | 6 | $10.7M | 1.2% | $1.78M |
| Corporations and other businesses | 13 | $18.3M | 2.1% | $1.41M |
| Total | 2,903 | $873M | 100% | $301K |
- Clients
- 2,672
- Regulatory AUM
- $99.9M
- AUM share
- 11.4%
- Avg. per client
- $37.4K
- Clients
- 212
- Regulatory AUM
- $744M
- AUM share
- 85.2%
- Avg. per client
- $3.51M
- Clients
- 6
- Regulatory AUM
- $10.7M
- AUM share
- 1.2%
- Avg. per client
- $1.78M
- Clients
- 13
- Regulatory AUM
- $18.3M
- AUM share
- 2.1%
- Avg. per client
- $1.41M
Total
- Clients
- 2,903
- Regulatory AUM
- $873M
- AUM share
- 100%
- Avg. per client
- $301K
- 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
Atlas Wealth charges 1.00%–2.00% a year for its Investment Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance or in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 2.00% |
| $500K–$1M | 1.75% |
| $1M–$2.5M | 1.50% |
| $2.5M–$5M | 1.25% |
| $5M and above | 1.00% |
Fee details and sources
Kenton Gearhart owns 75% or more of Atlas Wealth. The leadership team of Atlas Wealth includes President Kenton Gearhart and Chief Compliance Officer Andy Armstrong. It has 7 employees, 4 of them in advisory roles.
Leadership
Kenton GearhartPresident and CIO
Andy ArmstrongChief Compliance Officer
Alexandra RicePartner
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 75% or more of Atlas Wealth LLC
Kenton Gearhart
Control person · since May 2022
- Owns 5% to 10% of Atlas Wealth LLC
Alexandra Rice
Control person · since January 2025
Atlas Wealth’s regulatory assets grew Infinity× from $0 (July 2022) to $873M (April 2026); employees rose from 5 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $873M | 2,903 | 7 | 1 |
| April 2025 | $724M | 1,694 | 7 | 1 |
| June 2024 | $638M | 1,776 | 7 | 1 |
| March 2023 | $581M | 1,750 | 6 | 1 |
| July 2022 | $0 | 0 | 5 | 1 |
Besides its headquarters, Atlas Wealth has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 8044 Montgomery Road, Suite 450, CincinnatiHQ
Contact and registration details
- Legal name
- Atlas Wealth LLC
- Headquarters
- 8044 Montgomery Road, Suite 450, Cincinnati, OH 45236
- Website
- gearhart-assoc.com
- Phone
- 513-985-3450
- @gearhart-associates
- SEC file
- 801-125856
- Structure
- Ohio LLC
- Fiscal year end
- December
Atlas Wealth uses Raymond James ($844M) as custodian for its separately managed accounts. Atlas Wealth has custody of $29.4M in client assets for 28 clients.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $844M100%
At year end, Atlas Wealth’s separately managed accounts were mostly in funds (52%) and stocks (44%). Its reported 13F holdings for the quarter ended 30 June 2026 total $701M across 178 positions; the largest are Srh Total Return Fund Incorporated (9.0%), Central Secs Corporation (4.6%) and U.S. Bancorp Pfd B Non-cumulative 3.5 (3.9%).
What the accounts hold
- Stocks44%
- Exchange-traded equities31%
- Non-exchange-traded equities13%
- Funds52%
- Cash2%
- Other2%
- Us govt bonds, us state/local bonds, pooled investment vehicles2%
Reported 13F holdings
- $701M
- Reported 13F value
- 178
- Positions
- 35.8%
- In the 10 largest
- +110.3%
- Value vs. prior quarter
- Srh Total Return Fund Incorporated · Closed End Funds - Taxable9.0%
- Central Secs Corporation · Closed End Funds - Taxable4.6%
- U.S. Bancorp Pfd B Non-cumulative 3.5 · Preferred Stock3.9%
- Apple Incorporated3.2%
- Victory Portfolios II Victoryshares Free Cash Flow · Exchange Traded Funds (country Baskets/ishares) - Domestic3.0%
- Pgim Short Dur Hig Yld Opp FD · Closed End Funds - Taxable2.6%
- Neuberger Next Generation Common Stock · Closed End Funds - Taxable2.6%
- Nyli CBRE Gbl Infr Megtrnds TR · Closed End Funds - Taxable2.5%
- Thornburg Incm Builder Opp TR · Closed End Funds - Taxable2.2%
- Nuveen Core Plus Impact Fund Com Ben Int · Closed End Funds - Taxable2.2%
Together, the ten largest are 35.8% of reported value.
How many clients does Atlas Wealth have?
Atlas Wealth has 2,903 clients and manages $873 million for them, as of April 2026. They include 2,672 individual clients, 212 high-net-worth individuals, and 13 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does Atlas Wealth offer?
Atlas Wealth provides portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Atlas Wealth charge?
Atlas Wealth charges 1.00%–2.00% a year for its Investment Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance or in arrears and is negotiable.
Source: GEARHART & ASSOCIATES, LLC PART 2A BROCHURE, filed 27 April 2026
Which custodians does Atlas Wealth use?
Atlas Wealth’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $844M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 April 2026
How many financial advisors does Atlas Wealth have?
Atlas Wealth has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 Atlas Wealth invest in?
At the end of its last fiscal year, Atlas Wealth’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 31% exchange-traded equities, 13% non-exchange-traded equities, 2% cash and equivalents and 2% other. The 2% other category is described as: US Govt Bonds, US State/Local Bonds, Pooled Investment Vehicles.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Atlas Wealth?
Atlas Wealth’s direct owners are Kenton Gearhart (75% or more) and Alexandra Rice (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does Atlas Wealth get paid?
Atlas Wealth is paid through a percentage of assets under management 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
How do I contact Atlas Wealth?
Atlas Wealth’s main office is at 8044 Montgomery Road, Suite 450, Cincinnati, OH 45236. Its phone number is 513-985-3450. Its website is gearhart-assoc.com.