Echo Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Echo Wealth Management reports 144 clients. They include 77 high-net-worth individuals and 67 individual clients. Of its assets, 98.3% ($283M across 744 accounts) are managed with discretion; $4.8M across 19 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 47% | 7% |
| High-net-worth individuals | 53% | 90% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | 1% |
| Other | Fewer than 5 | 1% |
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) | 67 | $20.2M | 7.0% | $302K |
| High-net-worth individuals | 77 | $260M | 90.2% | $3.38M |
| Pension and profit-sharing plans | Fewer than 5 | $737K | 0.3% | — |
| Corporations and other businesses | Fewer than 5 | $3.88M | 1.3% | — |
| Other | Fewer than 5 | $3.36M | 1.2% | — |
| Total | 144 | $288M | 100% | — |
- Clients
- 67
- Regulatory AUM
- $20.2M
- AUM share
- 7.0%
- Avg. per client
- $302K
- Clients
- 77
- Regulatory AUM
- $260M
- AUM share
- 90.2%
- Avg. per client
- $3.38M
- Clients
- Fewer than 5
- Regulatory AUM
- $737K
- AUM share
- 0.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $3.88M
- AUM share
- 1.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $3.36M
- AUM share
- 1.2%
- Avg. per client
- —
Total
- Clients
- 144
- Regulatory AUM
- $288M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Echo Wealth Management charges 0.25%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$3M | 0.80% |
| $3M–$10M | 0.60% |
| $10M–$15M | 0.40% |
| $15M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning Fees
- Financial planning is a fixed flat fee typically ranging from $2,500 to $6,000, depending on the nature and complexity of the services.
- Pension Consulting Fees
- Pension consulting fees are an annual percentage of plan assets ranging from 0.25% to 0.75% by plan balance, billed quarterly in advance.
Fang Huang owns 75% or more of Echo Wealth Management. The leadership team of Echo Wealth Management includes President Fang Huang. It has 5 employees, 3 of them in advisory roles.
Leadership
- Fang HuangFounder, President & Chief Compliance Officer
- Jared JohnsonMember, Associate Wealth Manager & Shareholder
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Fang Echo Huang
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 75% or more of Echo Wealth Management, LLC
Fang Huang
Control person · since December 2014
- Owns 5% to 10% of Echo Wealth Management, LLC
Jared Johnson
since August 2022
Echo Wealth Management’s regulatory assets grew 2.2× from $131M (March 2021) to $288M (April 2026); clients rose from 80 to 144 and employees from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $288M | 144 | 5 | 1 |
| May 2025 | $245M | 122 | 4 | 1 |
| March 2024 | $190M | 110 | 3 | 1 |
| March 2023 | $148M | 101 | 3 | 1 |
| March 2022 | $162M | 90 | 3 | 1 |
| March 2021 | $131M | 80 | 3 | 1 |
Besides its headquarters, Echo Wealth Management has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 3033 Campus Drive, Suite N145, PlymouthHQ
Contact and registration details
- Legal name
- Echo Wealth Management, LLC
- Headquarters
- 3033 Campus Drive, Suite N145, Plymouth, MN 55441-2651
- Website
- echowm.com
- Phone
- 763-432-7875
- @echo-wealth-management-llc
- SEC file
- 801-117873
- Founded
- 2015
- Structure
- Minnesota LLC
- Fiscal year end
- December
Echo Wealth Management uses Charles Schwab ($269M) as custodian for its separately managed accounts. Echo Wealth Management has custody of $140M in client assets for 81 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $269M100%
At year end, Echo Wealth Management’s separately managed accounts were mostly in funds (67%) and stocks (17%). Its reported 13F holdings for the quarter ended 30 June 2026 total $196M across 47 positions; the largest are American Centy ETF TR (17.5%), American Centy ETF TR (14.6%) and J P Morgan Exchange Traded F (11.0%).
What the accounts hold
- Stocks17%
- Exchange-traded equities16%
- Non-exchange-traded equities1%
- Funds67%
- Registered funds62%
- Pooled vehicles5%
- Cash2%
- Other14%
- Commission-free annuities, structured notes and private market funds.13%
- Derivatives1%
Reported 13F holdings
- $196M
- Reported 13F value
- 47
- Positions
- 79.2%
- In the 10 largest
- +12.8%
- Value vs. prior quarter
- American Centy ETF TR · Avantis Core FI17.5%
- American Centy ETF TR · Intl EQT ETF14.6%
- J P Morgan Exchange Traded F · Income ETF11.0%
- J P Morgan Exchange Traded F · Active Bond ETF7.9%
- American Centy ETF TR · Avantis Emgmkt6.8%
- First TR Exchange-traded FD · FT Vest Ris5.0%
- American Centy ETF TR · US EQT ETF4.7%
- American Centy ETF TR · US Sml CP Valu4.4%
- American Centy ETF TR · US Large Cap Vlu4.2%
- J P Morgan Exchange Traded F · Active Growth3.0%
Together, the ten largest are 79.2% of reported value.
How many clients does Echo Wealth Management have?
Echo Wealth Management has 144 clients and manages $288 million for them, as of April 2026. They include 77 high-net-worth individuals and 67 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 April 2026
What services does Echo Wealth Management offer?
Echo Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Echo Wealth Management charge?
Echo Wealth Management charges 0.25%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Echo Wealth Management use?
Echo Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $269M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 April 2026
How many financial advisors does Echo Wealth Management have?
Echo Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Echo Wealth Management invest in?
At the end of its last fiscal year, Echo Wealth Management’s separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 13% other, 5% pooled vehicles (private funds and similar), 2% cash and equivalents, 1% non-exchange-traded equities and 1% derivatives. The 13% other category is described as: Commission-Free Annuities, Structured Notes and Private Market Funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Echo Wealth Management?
Echo Wealth Management’s direct owners are Fang Huang (75% or more) and Jared Johnson (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 7 April 2026
How does Echo Wealth Management get paid?
Echo Wealth Management 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
Is Echo Wealth Management registered with the SEC?
Yes, Echo Wealth Management has been registered with the SEC as an investment adviser since 3 January 2020. Its CRD number is 174136 and its SEC file number is 801-117873.
Source: Form ADV Part 1A, Item 1, filed 7 April 2026; IAPD firm record
How do I contact Echo Wealth Management?
Echo Wealth Management’s main office is at 3033 Campus Drive, Suite N145, Plymouth, MN 55441-2651. Its phone number is 763-432-7875. Its website is echowm.com.