Axxcess Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Axxcess Wealth Management reports 10,357 clients. They include 7,359 individual clients, 2,199 high-net-worth individuals, and 679 pension and profit-sharing plans. Of its assets, 99.1% ($8.79B across 25,795 accounts) are managed with discretion; $83.8M across 244 accounts are not. It advised 7,181 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 22% |
| High-net-worth individuals | 21% | 67% |
| Pension and profit-sharing plans | 7% | 7% |
| Charitable organizations | <1% | <1% |
| State or municipal government entities | Fewer than 5 | <1% |
| Other client typesOther investment advisers; Corporations and other businesses | <1% | 4% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 7,359 | $1.96B | 22.1% | $266K |
| High-net-worth individuals | 2,199 | $5.94B | 66.9% | $2.7M |
| Pension and profit-sharing plans | 679 | $588M | 6.6% | $865K |
| Charitable organizations | 18 | $45.3M | 0.5% | $2.52M |
| State or municipal government entities | Fewer than 5 | $870K | 0.0% | — |
| Other investment advisers | 7 | $5.84M | 0.1% | $834K |
| Corporations and other businesses | 95 | $339M | 3.8% | $3.57M |
| Total | 10,357 | $8.88B | 100% | — |
- Clients
- 7,359
- Regulatory AUM
- $1.96B
- AUM share
- 22.1%
- Avg. per client
- $266K
- Clients
- 2,199
- Regulatory AUM
- $5.94B
- AUM share
- 66.9%
- Avg. per client
- $2.7M
- Clients
- 679
- Regulatory AUM
- $588M
- AUM share
- 6.6%
- Avg. per client
- $865K
- Clients
- 18
- Regulatory AUM
- $45.3M
- AUM share
- 0.5%
- Avg. per client
- $2.52M
- Clients
- Fewer than 5
- Regulatory AUM
- $870K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $5.84M
- AUM share
- 0.1%
- Avg. per client
- $834K
- Clients
- 95
- Regulatory AUM
- $339M
- AUM share
- 3.8%
- Avg. per client
- $3.57M
Total
- Clients
- 10,357
- Regulatory AUM
- $8.88B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7,181
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Axxcess Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Michael Seid owns 75% or more of Axxcess Wealth Management. Michael Seid is CEO; the leadership team includes Chief Operating Officer Jonathan Brackmann. It has 72 employees, 44 of them in advisory roles.
Staff
- 72 employees
- 44 in advisory functions
- 44 state-registered reps
- 10 broker-dealer reps
- 25 insurance agents
- 9 soliciting firms
- Owns 75% or more of Axxcess Wealth Management, LLC
Michael Seid
Control person · since January 2012
- Owns 50% to 75% of Axxcess Wealth Management, LLC
Richard Waters
Control person · since December 2011
- Owns 50% to 75% of Axxcess Wealth Management, LLC
Marguerite Waters
Control person · since December 2011
- Owns 10% to 25% of Axxcess Wealth Management, LLC
Mercure Family Trust
Control person · since August 2025
- Owns 50% to 75% of Mercure Family Trust
Craig Mercure
Control person · since August 2025
- Owns 50% to 75% of Mercure Family Trust
Cheryl Mercure
Control person · since August 2025
Axxcess Wealth Management’s regulatory assets grew 4.2× from $2.1B (June 2021) to $8.88B (March 2026); clients rose from 6,382 to 10,357 and employees from 18 to 72.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $8.88B | 10,357 | 72 | 27 |
| May 2025May 2025 | $6.33B | 8,726 | 86 | 29 |
| Apr 2024April 2024 | $6.47B | 10,739 | 78 | 29 |
| Jun 2023June 2023 | $3.4B | 4,933 | 75 | 23 |
| Jul 2022July 2022 | $3.59B | 4,581 | 70 | 19 |
| Jun 2021June 2021 | $2.1B | 6,382 | 18 | 14 |
Besides its headquarters, Axxcess Wealth Management has 26 offices (11 private residences, listed without an address), with 16 listed addresses across 10 states.
California · 6 listed addresses
- 6005 Hidden Valley Road, Suite 290, CarlsbadHQ
- 3111 Camino Del Rio North, San Diego
- 210 W Birch Street, Brea
- 32322 S. Coast Highway, Laguna Beach
- 680 E. Colorado BLVD., Pasadena
- 1 Park Plaza, Irvine
West Virginia · 2 listed addresses
- 500 Corporate Landing, Charleston
- 101 N. Kanawha Street, Beckley
Arizona · 1 listed address
- 4835 E. Cactus RD, Scottsdale
Kansas · 1 listed address
- 7400 W 130th Street, Overland Park
Louisiana · 1 listed address
- 1800 City Farm Drive, Baton Rouge
North Carolina · 1 listed address
- 710 Cromwell Drive, Greenville
Tennessee · 1 listed address
- 2550 Meridian BLVD, Franklin
Texas · 1 listed address
- 4451 Dale Earnhardt Way, Northlake
Utah · 1 listed address
- 298 24th Street, Ogden
Washington · 1 listed address
- 1833 N 105th Street, Seattle
Other business names
Axxcess Wealth Management has reported 13 other business names to the SEC.
- Ambrosini Wealth
- Collier Sustainable Wealth Management
- Donahugh Wealth
- E and E Financial
- Investate Wealth Management
- Jennifer P. Easley, CFP
- La Wealth Advisors
- Lifetime Wealth Solutions
- Magnolia Capital Management
- Osprey Capital Partners LLC
- Sewalson Milazzo Financial Consulting Group
- The Zandbergen Group
Show all 13 names
- Vandalia Wealth Management
Contact and registration details
- Legal name
- Axxcess Wealth Management, LLC
- Headquarters
- 6005 Hidden Valley Road, Suite 290, Carlsbad, CA 92011
- Website
- axxcessplatform.com
- Phone
- 858-217-5347
- @axxcess-wealth-management
- SEC file
- 801-76763
- Structure
- Delaware LLC
- Fiscal year end
- December
Axxcess Wealth Management’s named custodians for separately managed accounts are LPL Financial ($3.01B, 39%), Charles Schwab ($2.78B, 36%) and Wells Fargo Clearing Services ($1.91B, 25%). Axxcess Wealth Management has custody of $398M for 696 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.78B36%
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $1.91B25%
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $3.01B39%
At year end, Axxcess Wealth Management’s separately managed accounts were mostly in funds (58%) and stocks (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $6.28B across 1,051 positions; the largest are Vanguard Index Fds (5.6%), iShares TR (2.9%) and Apple Inc. (2.5%).
What the accounts hold
- Stocks28%
- Funds58%
- Registered funds56%
- Pooled vehicles2%
- Bonds6%
- U.S. government and agency bonds2%
- State and local bonds2%
- Investment grade corporate bonds1%
- High-yield corporate bonds1%
- Cash7%
- Other1%
- Derivatives1%
How many clients does Axxcess Wealth Management have?
Axxcess Wealth Management has 10,357 clients and manages $8.88 billion for them, as of March 2026. They include 7,359 individual clients, 2,199 high-net-worth individuals, and 679 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Axxcess Wealth Management offer?
Axxcess Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, 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
Which custodians does Axxcess Wealth Management use?
Axxcess Wealth Management’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $3.01B, Charles Schwab & Co., Inc. (San Francisco, CA), with $2.78B and Wells Fargo Clearing Services, LLC (St. Louis, MO), with $1.91B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Axxcess Wealth Management have?
Axxcess Wealth Management has 44 investment adviser representatives registered with state securities authorities, out of 72 employees, and 44 perform investment advisory functions. 10 employees are registered representatives of a broker-dealer and 25 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 Axxcess Wealth Management invest in?
At the end of its last fiscal year, Axxcess Wealth Management’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities, 7% cash and equivalents, 2% U.S. government and agency bonds, 2% state and local bonds, 2% pooled vehicles (private funds and similar), 1% investment grade corporate bonds, 1% high-yield corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Axxcess Wealth Management?
Axxcess Wealth Management is owned through a trust by Craig and Cheryl Mercure. Its direct owners are Michael Seid (75% or more), Mercure Family Trust (10% to 25%), Richard Waters (50% to 75%) and Marguerite Waters (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Axxcess Wealth Management get paid?
Axxcess Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Axxcess Wealth Management?
Axxcess Wealth Management’s main office is at 6005 Hidden Valley Road, Suite 290, Carlsbad, CA 92011. Its phone number is 858-217-5347. Its website is axxcessplatform.com.
