JP Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and education planning. Financial planning was provided to 51–100 clients last fiscal year.
JP Wealth Management reports 71 clients. They include 71 high-net-worth individuals. Of its assets, 100.0% ($274M across 263 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 99% |
| Pension and profit-sharing plans | 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 |
|---|---|---|---|---|
| High-net-worth individuals | 71 | $270M | 98.6% | $3.81M |
| Pension and profit-sharing plans | Fewer than 5 | $3.84M | 1.4% | — |
| Total | 71 | $274M | 100% | — |
- Clients
- 71
- Regulatory AUM
- $270M
- AUM share
- 98.6%
- Avg. per client
- $3.81M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.84M
- AUM share
- 1.4%
- Avg. per client
- —
Total
- Clients
- 71
- Regulatory AUM
- $274M
- 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
- 51–100
JP Wealth Management charges 0.40%–1.00% a year for its Investment Management Fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Fixed or hourly fees; investment policy statements and disproportionate planning work are billed at $200 per hour.
Mark Perlson owns 50% to 75% of JP Wealth Management. The leadership team of JP Wealth Management includes President John Carey. It has 2 employees, 1 of them in advisory roles.
Leadership
- John CareyPresident / Chief Compliance Officer
- Mark PerlsonVice President and Director of Financial Services
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- John Francis Carey
- Suzette Barrineau Carrier
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 50% to 75% of JP Wealth Management, Inc.
Mark Perlson
Control person · since May 2004
- Owns 25% to 50% of JP Wealth Management, Inc.
John Carey
Control person · since May 2004
JP Wealth Management’s regulatory assets fell from $300M (March 2021) to $274M (March 2026); clients fell from 86 to 71 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $274M | 71 | 2 | 4 |
| March 2025 | $252M | 78 | 2 | 4 |
| March 2024 | $216M | 75 | 2 | 4 |
| March 2023 | $227M | 80 | 2 | 4 |
| July 2022 | $234M | 82 | 2 | 4 |
| March 2021 | $300M | 86 | 2 | 2 |
Besides its headquarters, JP Wealth Management has 3 offices (3 private residences, listed without an address), with 1 listed address in South Carolina.
South Carolina · 1 listed address
- 3401 Salterbeck Court, Suite 202, MT. PleasantHQ
Contact and registration details
- Legal name
- JP Wealth Management, Inc.
- Headquarters
- 3401 Salterbeck Court, Suite 202, MT. Pleasant, SC 29466-7117
- Website
- Not reported
- Phone
- 866-562-6969
- SEC file
- 801-63273
- Structure
- New York corporation
- Fiscal year end
- December
JP Wealth Management uses Charles Schwab ($274M) as custodian for its separately managed accounts. JP Wealth Management has custody of $166M in client assets for 70 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $274M100%
At year end, JP Wealth Management’s separately managed accounts were largely in funds (49%) and bonds (41%). Its reported 13F holdings for the quarter ended 30 June 2026 total $159M across 14 positions; the largest are Dfa U S Core Equity 2 (dfac) (22.8%), Nasdaq 100 (qqqm) (22.1%) and Srh Total Return Fund (stew) (17.7%).
What the accounts hold
- Stocks4%
- Funds49%
- Bonds41%
- Cash6%
Reported 13F holdings
- $159M
- Reported 13F value
- 14
- Positions
- 98.7%
- In the 10 largest
- +7.7%
- Value vs. prior quarter
- Dfa U S Core Equity 2 (dfac) · US Core Equity 222.8%
- Nasdaq 100 (qqqm) · Nasdaq 100 ETF22.1%
- Srh Total Return Fund (stew)17.7%
- Tcw Strategic Income (tsi)12.8%
- Nasdaq 100 (qqq) · Unit Ser 18.2%
- American Centy ETF TR (avuv) · US Sml CP Valu6.4%
- Sprott Physical Gold Etv (phys) · Unit5.7%
- Russell 1000 Growth I-share (iwf) · Rus 1000 Grw ETF1.7%
- Russell 1000 Value I-share (iwd) · Rus 1000 Val ETF0.8%
- Vguard Value Index (vtv) · Value ETF0.5%
Together, the ten largest are 98.7% of reported value.
How many clients does JP Wealth Management have?
JP Wealth Management has 71 clients and manages $274 million for them, as of March 2026. They include 71 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does JP Wealth Management offer?
JP Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and education 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 JP Wealth Management charge?
JP Wealth Management charges 0.40%–1.00% a year for its Investment Management Fees. The fee is billed in advance and is negotiable.
Source: JP WEALTH MANAGEMENT, LLC DISCLOSURE BROCHURE, filed 30 March 2026
Which custodians does JP Wealth Management use?
JP Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $274M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does JP Wealth Management have?
JP Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 2 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 JP Wealth Management invest in?
At the end of its last fiscal year, JP Wealth Management’s separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 41% U.S. government and agency bonds, 6% cash and equivalents and 4% 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 JP Wealth Management?
JP Wealth Management’s direct owners are John Carey (25% to 50%) and Mark Perlson (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does JP Wealth Management get paid?
JP Wealth Management 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
How do I contact JP Wealth Management?
JP Wealth Management’s main office is at 3401 Salterbeck Court, Suite 202, MT. Pleasant, SC 29466-7117. Its phone number is 866-562-6969.