Foundation Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Foundation Wealth Management reports 167 clients. They include 127 high-net-worth individuals and 40 individual clients. Of its assets, 99.1% ($408M across 664 accounts) are managed with discretion; $3.75M across 11 accounts are not. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 24% | 6% |
| High-net-worth individuals | 76% | 93% |
| Charitable organizations | 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) | 40 | $25.3M | 6.1% | $633K |
| High-net-worth individuals | 127 | $383M | 92.9% | $3.01M |
| Charitable organizations | Fewer than 5 | $3.83M | 0.9% | — |
| Total | 167 | $412M | 100% | — |
- Clients
- 40
- Regulatory AUM
- $25.3M
- AUM share
- 6.1%
- Avg. per client
- $633K
- Clients
- 127
- Regulatory AUM
- $383M
- AUM share
- 92.9%
- Avg. per client
- $3.01M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.83M
- AUM share
- 0.9%
- Avg. per client
- —
Total
- Clients
- 167
- Regulatory AUM
- $412M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Foundation Wealth Management is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Paul Laviola owns 25% to 50% of Foundation Wealth Management. The leadership team of Foundation Wealth Management includes Chief Compliance Officer Burwell Hutchinson. It has 5 employees, 4 of them in advisory roles.
Leadership
- Burwell HutchinsonChief Compliance Officer, Wealth Manager, and Partner
Paul LaviolaWealth Manager and Partner
Stephen McDadeWealth Manager and Partner
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 25% to 50% of Foundation Wealth Management, LLC
Paul Laviola
Control person · since June 2013
- Owns 25% to 50% of Foundation Wealth Management, LLC
Stephen McDade
Control person · since June 2013
- Owns 25% to 50% of Foundation Wealth Management, LLC
Burwell Hutchinson
Control person · since July 2024
Foundation Wealth Management’s regulatory assets grew 3.1× from $135M (March 2022) to $412M (June 2026); clients rose from 76 to 167 and employees from 2 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $412M | 167 | 5 | 3 |
| March 2025 | $327M | 154 | 5 | 3 |
| July 2024 | $167M | 83 | 3 | 3 |
| March 2023 | $125M | 77 | 2 | 1 |
| March 2022 | $135M | 76 | 2 | 1 |
Besides its headquarters, Foundation Wealth Management has 2 offices, with 3 listed addresses in Delaware and Pennsylvania.
Delaware · 2 listed addresses
- 5511 Kirkwood Highway, Wilmington
- 20245 Bay Vista Road, Rehoboth Beach
Pennsylvania · 1 listed address
- 9 West Third Street, MediaHQ
Contact and registration details
- Legal name
- Foundation Wealth Management, LLC
- Headquarters
- 9 West Third Street, Media, PA 19063
- Website
- myfoundationwealth.com
- Phone
- 610-548-7170
- @foundation-wealth-management-pa
- SEC file
- 801-123756
- Founded
- 2013
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Foundation Wealth Management uses Charles Schwab ($408M) as custodian for its separately managed accounts. Foundation Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $408M100%
At year end, Foundation Wealth Management’s separately managed accounts were mostly in funds (92%). Its reported 13F holdings for the quarter ended 30 June 2026 total $169M across 51 positions; the largest are iShares TR (27.4%), iShares TR (24.8%) and iShares TR (5.0%).
What the accounts hold
- Stocks5%
- Exchange-traded equities4%
- Non-exchange-traded equities1%
- Funds92%
- Registered funds91%
- Pooled vehicles1%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash3%
- Other1%
- Annuities1%
Reported 13F holdings
- $169M
- Reported 13F value
- 51
- Positions
- 77.0%
- In the 10 largest
- +14.2%
- Value vs. prior quarter
- iShares TR · S&P 500 Grwt ETF27.4%
- iShares TR · S&P 500 Val ETF24.8%
- iShares TR · S&P MC 400vl ETF5.0%
- iShares TR · Rus 2000 Val ETF4.6%
- iShares TR · Rus 2000 Grw ETF4.1%
- iShares TR · MSCI Emg Mkt ETF2.3%
- iShares TR · Eafe Sml CP ETF2.2%
- Apple Inc.2.2%
- iShares TR · Eafe Value ETF2.2%
- iShares TR · Ibonds Dec20262.2%
Together, the ten largest are 77.0% of reported value.
How many clients does Foundation Wealth Management have?
Foundation Wealth Management has 167 clients and manages $412 million for them, as of June 2026. They include 127 high-net-worth individuals and 40 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 June 2026
What services does Foundation Wealth Management offer?
Foundation Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, 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
Which custodians does Foundation Wealth Management use?
Foundation Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $408M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 June 2026
How many financial advisors does Foundation Wealth Management have?
Foundation Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 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 Foundation Wealth Management invest in?
At the end of its last fiscal year, Foundation Wealth Management’s separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 4% exchange-traded equities, 3% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds, 1% pooled vehicles (private funds and similar) and 1% other. The 1% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Foundation Wealth Management?
Foundation Wealth Management’s direct owners are Paul Laviola, Stephen McDade and Burwell Hutchinson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 29 June 2026
How does Foundation Wealth Management get paid?
Foundation 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
How do I contact Foundation Wealth Management?
Foundation Wealth Management’s main office is at 9 West Third Street, Media, PA 19063. Its phone number is 610-548-7170. Its website is myfoundationwealth.com.