EverSource Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 1,500 clients last fiscal year. The firm advises 1 private fund.
EverSource Wealth Advisors reports 4,338 clients. They include 1,715 individual clients, 1,540 high-net-worth individuals and 1,030 other clients. Of its assets, 95.7% ($4.87B across 13,506 accounts) are managed with discretion; $221M across 183 accounts are not. A wrap fee program the firm both sponsors and manages holds $44.9M. It advised 51 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 17% |
| High-net-worth individuals | 36% | 59% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | 2% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses; Other | 24% | 22% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,715 | $852M | 16.7% | $497K |
| High-net-worth individuals | 1,540 | $2.99B | 58.6% | $1.94M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | 26 | $69.2M | 1.4% | $2.66M |
| Charitable organizations | 12 | $87.3M | 1.7% | $7.27M |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | 15 | $19M | 0.4% | $1.27M |
| Other | 1,030 | $1.08B | 21.2% | $1.05M |
| Total | 4,338 | $5.1B | 100% | — |
- Clients
- 1,715
- Regulatory AUM
- $852M
- AUM share
- 16.7%
- Avg. per client
- $497K
- Clients
- 1,540
- Regulatory AUM
- $2.99B
- AUM share
- 58.6%
- Avg. per client
- $1.94M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 26
- Regulatory AUM
- $69.2M
- AUM share
- 1.4%
- Avg. per client
- $2.66M
- Clients
- 12
- Regulatory AUM
- $87.3M
- AUM share
- 1.7%
- Avg. per client
- $7.27M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- 15
- Regulatory AUM
- $19M
- AUM share
- 0.4%
- Avg. per client
- $1.27M
- Clients
- 1,030
- Regulatory AUM
- $1.08B
- AUM share
- 21.2%
- Avg. per client
- $1.05M
Total
- Clients
- 4,338
- Regulatory AUM
- $5.1B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 51
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 1500
EverSource Wealth Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Family Dynamics and Conflict Resolution Consulting
- Billed at $400 an hour, a daily rate of $1,500, or a negotiated total fee per project.
- Financial Planning and Consulting
- Fixed fees generally from $2,500 to $25,000, a flat annual fee billed in installments, or hourly at generally $150 to $400 an hour; negotiated and not priced per client here.
BMSS Eversource, LLC owns 25% to 50% of EverSource Wealth Advisors. Mark Wesson is CEO; the leadership team includes Chief Investment Officer Daniel Phillips, Chief Operating Officer Rhonda Hitchcock and Chief Compliance Officer Glenn Waddell. It has 76 employees.
Leadership
- Mark WessonChief Executive Officer & Manager
Rhonda HitchcockChief Operating Officer
Glenn WaddellGeneral Counsel & Chief Compliance Officer- Andrew FirmanManager
Jason KesslerChief Administrative Officer- Donald MurphyManager
- Daniel PhillipsChief Investment Officer
- Thomas PhillipsMember
- John ShankManager
- Charles WeldenManager
Investment adviser representatives
77 representatives listed in the SEC register as of 9 October 2026.
- Charles Harbin Andrew III
- Myron Hollon Ashby
- John Franklin Ashcraft
- Andrew Michael Ashton
- Caleb Michael Bagwell
- Chase Ivan Boardman
- Tucker N Bryan
- John Robert Burch
- Keaton Burke
- Joseph Max Campbell Jr.
- Abigail Marie Casady
- Robert Clarkson Collins
- Samantha Marie Compton
- Nicholas Neal Crawford
- David Bernard Curran
- James Kellett Darlington II
- Micah Griffith Darlington
- Anthony Scott Doble
- Erin D Emnett
- Bryan John Erickson
- Osni Ferreira Filho
- Daniel Joseph Flanagan
- W Ben Fox
- Glenn Edward Frank
- Kevin Thomas Grady
- John Arthur Graybill
- Cody WIller Hobelmann
- Ronald Travis Hodge
- William Dee Houser
- Stephen Luke Irving
- Lewis Franklin Jones Jr.
- Timothy Lane Lewis
- Endel Nicholas Liias
- Brandi Lyn Lobato
- Timothy Malcolm Macready
- Emmett Wesley Mankin IV
- Luke William Martin
- Rachel Lynn McDonough
- James Miller
- Stephen W Miller
- Chandler Moeller
- Sergey Molla
- Jack Parker Morris
- Roger Conant Moulton JR
- James Andrew Murphy
- Ryan Nelson
- Ezekiel Joaquin Ortiz-Clark
- Carlos Jacob Poblano
- Micky Chamberlain Reeves
- Eric John Reinhold
- Kyler David Reinhold
- Paul Thomas Rutkowski
- Wesley Thomas Rutkowski
- David S Sandhu
- Joseph Schmidt
- Nathan Jay Serven
- Joseph Allen Simpson
- David Allen Sims
- Sherrie Johnson Smith
- Tyler Snyder
- William Cole Somers
- Robert Scott Stamm
- William Frederic Stevens JR
- Deborah Marie Stouffer
- Jonathan M Tue
- Daniel Jay Twogood
- Grant Robert Twogood
- Jordan K Twogood
- Easton R Upchurch
- James Allen Vandenheuvel II
- Andrew Russell Varnedoe
- Jeremy Scott Weaver
- Shawn Robert White
- Jim Martyn Williams
Staff
- 76 employees
- 76 in advisory functions
- 74 state-registered reps
- 28 insurance agents
- 6 soliciting firms
- Owns 25% to 50% of Eversource Wealth Advisors, LLC
BMSS Eversource, LLC
Control person · since January 2017
Donald Murphy
Manager · Control person · since April 2016
- Owns 10% to 25% of Eversource Wealth Advisors, LLC
FHG Ventures - Eversource, LLC
since January 2017
- Owns 75% or more of FHG Ventures - Eversource, LLC
Mark Wesson
Control person · since April 2016
- Owns 10% to 25% of Eversource Wealth Advisors, LLC
Love Thy Neighbor Too
since December 2020
- Owns 5% to 10% of Eversource Wealth Advisors, LLC
WF Es, LLC
since August 2017
Charles Welden
Manager · Control person · since June 2017
- Owns 5% to 10% of Eversource Wealth Advisors, LLC
Thomas Phillips
since August 2017
EverSource Wealth Advisors’ regulatory assets grew 162.2× from $31.4M (July 2021) to $5.1B (September 2026); clients rose from 109 to 4,338 and employees from 17 to 76. In 2025, Alpha Principle ($253M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $5.1B | 4,338 | 76 | 39 |
| June 2025 | $3.95B | 4,050 | 76 | 28 |
| May 2024 | $2.69B | 2,740 | 59 | 22 |
| June 2023 | $1.81B | 1,638 | 40 | 14 |
| July 2022 | $1.19B | 872 | 30 | 8 |
| July 2021 | $31.4M | 109 | 17 | 6 |
Firms that joined
20251 joined
- Alpha PrincipleLast filed AUM $253M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, EverSource Wealth Advisors has 38 offices (8 private residences, listed without an address), with 19 listed addresses across 11 states.
Arizona · 4 listed addresses
- 7490 N. La Cholla Boulevard, Tucson
- 14500 N. Northsight BLVD, Scottsdale
- 18 E Whitehouse Canyon RD, Green Valley
- 8355 E. Hartford Drive, Scottsdale
Alabama · 3 listed addresses
- 3500 Colonnade Parkway, Suite 150, BirminghamHQ
- 3161 Cahaba Heights Road, Vestavia Hills
- 168 Oxmoor Road, Homewood
Texas · 3 listed addresses
- 300 East Davis Street, McKinney
- 640 Taylor Street, Suite 1200, Fort Worth
- 7710 Rialto BLVD, Austin
Michigan · 2 listed addresses
- 644 Lovett Ave. Se, East Grand Rapids
- 496 Ada Drive, Ada
Arkansas · 1 listed address
- 10800 Financial Centre Pkwy, Little Rock
California · 1 listed address
- 2155 Larkspur Lane, Redding
Florida · 1 listed address
- 6101 Gazebo Park Place North, Jacksonville
Mississippi · 1 listed address
- 4500 I-55 North, Jackson
Missouri · 1 listed address
- 207b SW Jefferson Street, Lee'S Summit
Tennessee · 1 listed address
- 1326 Dowell Springs Boulevard, Knoxville
Washington · 1 listed address
- 609 N Argonne Road, Spokane
Other business names
EverSource Wealth Advisors has reported 19 other business names to the SEC.
- Abundant Life Planning
- Basileia Wealth
- Brightlight
- Centerpoint Strategies
- Cornerstone 360 Advisors
- Dyne Wealth Management
- Frank and Flanagan Wealth Advisors
- Generous Wealth Advisors
- Grady Financial Network
- Highway Financial Networks
- Insight Wealth
- Miller Wealth Management
Show all 19 names
- Nexus Impact Advisors
- Reinhold Financial
- Seek First Financial
- Stewardly Advisors
- Verde Wealth
- Wealth Squared
- Welspirion Wealth Management
Contact and registration details
- Legal name
- Eversource Wealth Advisors, LLC
- Headquarters
- 3500 Colonnade Parkway, Suite 150, Birmingham, AL 35243
- Website
- eversourcewealthadvisors.com
- Phone
- 205-982-5515
- @eversource-wealth-advisors
- SEC file
- 801-119192
- Structure
- Delaware LLC
- Fiscal year end
- December
EverSource Wealth Advisors uses Charles Schwab ($2.99B, 65%) and Fidelity ($1.63B, 35%) as custodians for its separately managed accounts. EverSource Wealth Advisors has custody of $929M in client assets for 1,607 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $2.99B65%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.63B35%
At year end, EverSource Wealth Advisors’ separately managed accounts were largely in funds (43%) and stocks (42%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.97B across 4,392 positions; the largest are Vanguard Growth ETF (3.7%), Vanguard Value ETF (2.8%) and Vanguard FTSE Developed Markets ETF (2.4%).
What the accounts hold
- Stocks42%
- Exchange-traded equities41%
- Non-exchange-traded equities1%
- Funds43%
- Registered funds42%
- Pooled vehicles1%
- Bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash5%
- Other8%
- Variable annuities and alternative assets8%
Reported 13F holdings
- $2.97B
- Reported 13F value
- 4,392
- Positions
- 20.3%
- In the 10 largest
- −9.5%
- Value vs. prior quarter
- Vanguard Growth ETFETF3.7%
- Vanguard Value ETFETF2.8%
- Vanguard FTSE Developed Markets ETFETF2.4%
- Praxis Impact Large Cap Growth ETFETF2.0%
- Apple Inc.1.9%
- Praxis Impact Large Cap Value ETFETF1.7%
- iShares Gold Trust ETFETF1.7%
- Nvidia Corporation1.6%
- Applied Matls Inc.1.3%
- Alphabet Inc. Cap Stk CL A1.2%
Together, the ten largest are 20.3% of reported value.
How many clients does EverSource Wealth Advisors have?
EverSource Wealth Advisors has 4,338 clients and manages $5.1 billion for them, as of September 2026. They include 1,715 individual clients, 1,540 high-net-worth individuals and 1,030 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does EverSource Wealth Advisors offer?
EverSource Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does EverSource Wealth Advisors use?
EverSource Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $2.99B and Fidelity Brokerage Services LLC (Smithfield, RI), with $1.63B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does EverSource Wealth Advisors have?
EverSource Wealth Advisors has 74 investment adviser representatives registered with state securities authorities, out of 76 employees, and 76 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 28 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 EverSource Wealth Advisors invest in?
At the end of its last fiscal year, EverSource Wealth Advisors’ separately managed accounts held 42% registered funds (mutual funds, ETFs, BDCs), 41% exchange-traded equities, 8% other, 5% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds and 1% pooled vehicles (private funds and similar). The 8% other category is described as: Variable Annuities and Alternative Assets. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns EverSource Wealth Advisors?
EverSource Wealth Advisors is owned through holding companies by Mark Wesson. Its direct owners are FHG Ventures - Eversource, LLC, BMSS Eversource, LLC, WF Es, LLC, Thomas Phillips and Love Thy Neighbor Too, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does EverSource Wealth Advisors get paid?
EverSource Wealth Advisors is paid through a percentage of assets under management, hourly charges 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 EverSource Wealth Advisors registered with the SEC?
Yes, EverSource Wealth Advisors has been registered with the SEC as an investment adviser since 29 July 2020. Its CRD number is 286340 and its SEC file number is 801-119192.
Source: Form ADV Part 1A, Item 1, filed 25 September 2026; IAPD firm record
How do I contact EverSource Wealth Advisors?
EverSource Wealth Advisors’ main office is at 3500 Colonnade Parkway, Suite 150, Birmingham, AL 35243. Its phone number is 205-982-5515. Its website is eversourcewealthadvisors.com.