Cherrydale Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Cherrydale Wealth Management reports 76 clients. They include 76 high-net-worth individuals. Of its assets, 100.0% ($495M across 314 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | <1% |
| High-net-worth individuals | 100% | 100% |
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) | Fewer than 5 | $2.05M | 0.4% | — |
| High-net-worth individuals | 76 | $493M | 99.6% | $6.49M |
| Total | 76 | $495M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $2.05M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 76
- Regulatory AUM
- $493M
- AUM share
- 99.6%
- Avg. per client
- $6.49M
Total
- Clients
- 76
- Regulatory AUM
- $495M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 1–10
Cherrydale Wealth Management charges up to 1.00% a year for its Wealth Management. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Fee details and sources
Jordan Szekely owns 75% or more of Cherrydale Wealth Management. The leadership team of Cherrydale Wealth Management includes Chief Compliance Officer Jordan Szekely. It has 3 employees, 1 of them in advisory roles.
Leadership
- Jordan SzekelyChief Compliance Officer & Managing Member
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Cherrydale Wealth Management, LLC
Jordan Szekely
Control person · since August 2014
Cherrydale Wealth Management’s regulatory assets grew 3.5× from $142M (January 2021) to $495M (June 2026); clients rose from 66 to 76 and employees from 1 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $495M | 76 | 3 | 1 |
| January 2025 | $407M | 75 | 3 | 1 |
| March 2024 | $328M | 74 | 2 | 1 |
| February 2023 | $232M | 74 | 2 | 1 |
| May 2022 | $254M | 74 | 1 | 1 |
| January 2021 | $142M | 66 | 1 | 1 |
Besides its headquarters, Cherrydale Wealth Management has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 28 Valley Road, Suite 1, MontclairHQ
Contact and registration details
- Legal name
- Cherrydale Wealth Management, LLC
- Headquarters
- 28 Valley Road, Suite 1, Montclair, NJ 07042
- Website
- Not reported
- Phone
- 917-838-7507
- SEC file
- 801-110057
- Structure
- New York LLC
- Fiscal year end
- December
Cherrydale Wealth Management uses Fidelity ($495M) as custodian for its separately managed accounts. Cherrydale Wealth Management does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $495M100%
At year end, Cherrydale Wealth Management’s separately managed accounts were mostly in funds (75%) and stocks (23%).
What the accounts hold
- Stocks23%
- Exchange-traded equities22%
- Non-exchange-traded equities1%
- Funds75%
- Bonds2%
How many clients does Cherrydale Wealth Management have?
Cherrydale Wealth Management has 76 clients and manages $495 million for them, as of June 2026. They include 76 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 June 2026
What services does Cherrydale Wealth Management offer?
Cherrydale Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Cherrydale Wealth Management charge?
Cherrydale Wealth Management charges up to 1.00% a year for its Wealth Management. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Which custodians does Cherrydale Wealth Management use?
Cherrydale Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $495M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 June 2026
How many financial advisors does Cherrydale Wealth Management have?
Cherrydale Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 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 Cherrydale Wealth Management invest in?
At the end of its last fiscal year, Cherrydale Wealth Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 2% state and local bonds and 1% non-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 Cherrydale Wealth Management?
Cherrydale Wealth Management’s direct owner is Jordan Szekely (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 June 2026
How does Cherrydale Wealth Management get paid?
Cherrydale 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
Is Cherrydale Wealth Management registered with the SEC?
Yes, Cherrydale Wealth Management has been registered with the SEC as an investment adviser since 27 February 2017. Its CRD number is 171541 and its SEC file number is 801-110057.
Source: Form ADV Part 1A, Item 1, filed 2 June 2026; IAPD firm record
How do I contact Cherrydale Wealth Management?
Cherrydale Wealth Management’s main office is at 28 Valley Road, Suite 1, Montclair, NJ 07042. Its phone number is 917-838-7507.