Delta Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Delta Asset Management reports 556 clients. They include 303 individual clients, 240 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($1.53B across 1,130 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $2.94M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 8% |
| High-net-worth individuals | 43% | 85% |
| Pension and profit-sharing plans | <1% | 2% |
| Charitable organizations | <1% | 3% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 303 | $120M | 7.9% | $396K |
| High-net-worth individuals | 240 | $1.3B | 85.4% | $5.44M |
| Pension and profit-sharing plans | Fewer than 5 | $38.2M | 2.5% | $9.54M |
| Charitable organizations | Fewer than 5 | $43.9M | 2.9% | $11M |
| State or municipal government entities | Fewer than 5 | $12.7M | 0.8% | $6.35M |
| Corporations and other businesses | Fewer than 5 | $8.84M | 0.6% | $2.95M |
| Total | 556 | $1.53B | 100% | — |
- Clients
- 303
- Regulatory AUM
- $120M
- AUM share
- 7.9%
- Avg. per client
- $396K
- Clients
- 240
- Regulatory AUM
- $1.3B
- AUM share
- 85.4%
- Avg. per client
- $5.44M
- Clients
- Fewer than 5
- Regulatory AUM
- $38.2M
- AUM share
- 2.5%
- Avg. per client
- $9.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $43.9M
- AUM share
- 2.9%
- Avg. per client
- $11M
- Clients
- Fewer than 5
- Regulatory AUM
- $12.7M
- AUM share
- 0.8%
- Avg. per client
- $6.35M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.84M
- AUM share
- 0.6%
- Avg. per client
- $2.95M
Total
- Clients
- 556
- Regulatory AUM
- $1.53B
- 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
Delta Asset Management charges 0.15%–1.00% for its Investment advisory services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Fee details and sources
WT Acquisition, LLC owns 75% or more of Delta Asset Management and is in turn owned by Hightower Holding, LLC (75% or more). The leadership team of Delta Asset Management includes Chief Compliance Officer Dana Maury. It has 10 employees, 6 of them in advisory roles.
Leadership
- Dana MauryChief Compliance Officer
Daniel BergExecutive Director of Finance- Myron MallManaging Director
- David SmithManaging Director
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Brandon Andrew Byrd
- Christopher Calvert Jones
- James Todd Kirshbaum
- Myron Merriell Mall
- David Charles Smith
Staff
- 10 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 75% or more of Delta Asset Management, LLC
WT Acquisition, LLC
Control person · since May 2017
- Owns 75% or more of WT Acquisition, LLC
Hightower Holding, LLC
Control person · since May 2017
- Owns 25% to 50% of Hightower Holding, LLC
THL HT SPV, L.P
Control person · since December 2020
Delta Asset Management’s regulatory assets grew from $1.25B (March 2021) to $1.53B (July 2026); clients rose from 517 to 556 and employees were 10 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $1.53B | 556 | 10 | 1 |
| March 2025 | $1.44B | 545 | 8 | 1 |
| June 2024 | $1.38B | 562 | 9 | 1 |
| March 2023 | $1.23B | 564 | 9 | 1 |
| May 2022 | $1.47B | 547 | 10 | 1 |
| March 2021 | $1.25B | 517 | 10 | 1 |
Besides its headquarters, Delta Asset Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 700 Colonial RD, Suite 220, MemphisHQ
Contact and registration details
- Legal name
- Delta Asset Management, LLC
- Headquarters
- 700 Colonial RD, Suite 220, Memphis, TN 38117
- Website
- deltaasset.com
- Phone
- 901-767-4791
- @delta-asset-management-llc
- SEC file
- 801-60492
- Founded
- 1989
- Structure
- Delaware LLC
- Fiscal year end
- December
Delta Asset Management uses Charles Schwab ($1.43B) as custodian for its separately managed accounts. Delta Asset Management has custody of $505M in client assets for 280 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.43B100%
At year end, Delta Asset Management’s separately managed accounts were mostly in stocks (79%) and bonds (13%).
What the accounts hold
- Stocks79%
- Funds4%
- Bonds13%
- State and local bonds9%
- U.S. government and agency bonds2%
- Investment grade corporate bonds2%
- Cash4%
How many clients does Delta Asset Management have?
Delta Asset Management has 556 clients and manages $1.53 billion for them, as of July 2026. They include 303 individual clients, 240 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 July 2026
What services does Delta Asset Management offer?
Delta Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Delta Asset Management charge?
Delta Asset Management charges 0.15%–1.00% for its Investment advisory services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Which custodians does Delta Asset Management use?
Delta Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.43B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 July 2026
How many financial advisors does Delta Asset Management have?
Delta Asset Management has 6 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 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 Delta Asset Management invest in?
At the end of its last fiscal year, Delta Asset Management’s separately managed accounts held 79% exchange-traded equities, 9% state and local bonds, 4% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 2% U.S. government and agency bonds and 2% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Delta Asset Management?
Delta Asset Management is owned through a chain of holding companies by THL HT SPV, L.P. Its direct owner is WT Acquisition, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 July 2026
How does Delta Asset Management get paid?
Delta Asset 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 Delta Asset Management registered with the SEC?
Yes, Delta Asset Management has been registered with the SEC as an investment adviser since 21 November 2001. Its CRD number is 113688 and its SEC file number is 801-60492.
Source: Form ADV Part 1A, Item 1, filed 22 July 2026; IAPD firm record
How do I contact Delta Asset Management?
Delta Asset Management’s main office is at 700 Colonial RD, Suite 220, Memphis, TN 38117. Its phone number is 901-767-4791. Its website is deltaasset.com.