Old Peak Finance provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Old Peak Finance reports 176 clients. They include 107 high-net-worth individuals, 67 individual clients and 1 charitable organization. Of its assets, 67.3% ($481M across 560 accounts) are managed with discretion; $234M across 114 accounts are not. Of its clients, 5% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 38% | 3% |
| High-net-worth individuals | 61% | 96% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 67 | $23M | 3.2% | $343K |
| High-net-worth individuals | 107 | $686M | 96.0% | $6.41M |
| Charitable organizations | Fewer than 5 | $1.81M | 0.3% | $1.81M |
| Corporations and other businesses | Fewer than 5 | $3.39M | 0.5% | $3.39M |
| Total | 176 | $714M | 100% | — |
- Clients
- 67
- Regulatory AUM
- $23M
- AUM share
- 3.2%
- Avg. per client
- $343K
- Clients
- 107
- Regulatory AUM
- $686M
- AUM share
- 96.0%
- Avg. per client
- $6.41M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.81M
- AUM share
- 0.3%
- Avg. per client
- $1.81M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.39M
- AUM share
- 0.5%
- Avg. per client
- $3.39M
Total
- Clients
- 176
- Regulatory AUM
- $714M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 5%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Old Peak Finance charges 0.15%–0.30% a year for its Ongoing Wealth Management. Each asset band is charged at its own rate. The fee is billed in arrears. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$20M | 0.30% |
| $20M and above | 0.15% |
Fee details and sources
Other fees
- Annual Financial Planning
- Annual financial planning fee of $10,000, charged in addition to the asset management fee; it may be greater for unusually complex situations, as set out in the client agreement.
Theodore Waechter owns 75% or more of Old Peak Finance. The leadership team of Old Peak Finance includes Chief Compliance Officer Theodore Waechter. It has 10 employees, 8 of them in advisory roles.
Leadership
Theodore WaechterCEO / Chief Compliance Officer- Donna ReavesMember
- Daniel RouthMember
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 8 in advisory functions
- 8 state-registered reps
- Owns 75% or more of Old Peak Finance LLC
Theodore Waechter
Control person · since July 2010
- Owns 5% to 10% of Old Peak Finance LLC
Daniel Routh
since April 2024
- Owns 5% to 10% of Old Peak Finance LLC
Donna Reaves
since April 2024
Old Peak Finance’s regulatory assets grew 2.2× from $328M (March 2021) to $714M (September 2026); clients rose from 134 to 176 and employees from 4 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $714M | 176 | 10 | 1 |
| March 2025 | $575M | 163 | 8 | 1 |
| July 2024 | $472M | 156 | 10 | 1 |
| August 2023 | $405M | 157 | 8 | 2 |
| July 2022 | $440M | 148 | 6 | 2 |
| March 2021 | $328M | 134 | 4 | 2 |
Besides its headquarters, Old Peak Finance has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 100 Europa Drive, Suite 410, Chapel HillHQ
Contact and registration details
- Legal name
- Old Peak Finance LLC
- Headquarters
- 100 Europa Drive, Suite 410, Chapel Hill, NC 27517
- Website
- oldpeakfinance.com
- Phone
- 919-459-8181
- @9261431
- SEC file
- 801-109968
- Founded
- 2010
- Structure
- North Carolina LLC
- Fiscal year end
- December
Old Peak Finance uses Charles Schwab ($702M) as custodian for its separately managed accounts. Old Peak Finance has custody of $241M in client assets for 81 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $702M100%
At year end, Old Peak Finance’s separately managed accounts were mostly in funds (91%). Its reported 13F holdings for the quarter ended 30 June 2026 total $207M across 102 positions; the largest are Vanguard BD Index Fds (21.4%), Dimensional ETF Trust (18.8%) and Dimensional ETF Trust (16.9%).
What the accounts hold
- Stocks8%
- Funds91%
- Registered funds90%
- Pooled vehicles1%
- Bonds1%
Reported 13F holdings
- $207M
- Reported 13F value
- 102
- Positions
- 75.5%
- In the 10 largest
- +20.6%
- Value vs. prior quarter
- Vanguard BD Index Fds · Short Trm Bond21.4%
- Dimensional ETF Trust · US Cor Equ 2 ETF18.8%
- Dimensional ETF Trust · World EX US Core16.9%
- Nvidia Corporation7.2%
- Vanguard Index Fds · Total Stk Mkt2.5%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt2.1%
- JPMORGAN Chase & CO1.9%
- Vanguard Star Fds · VG TL Intl Stk F1.8%
- State Str SPDR S&P 500 ETF T · TR Unit1.5%
- Apple Inc.1.3%
Together, the ten largest are 75.5% of reported value.
How many clients does Old Peak Finance have?
Old Peak Finance has 176 clients and manages $714 million for them, as of September 2026. They include 107 high-net-worth individuals, 67 individual clients and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does Old Peak Finance offer?
Old Peak Finance provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, 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 Old Peak Finance charge?
Old Peak Finance charges 0.15%–0.30% a year for its Ongoing Wealth Management. Each asset band is charged at its own rate. The fee is billed in arrears.
Source: OLD PEAK FINANCE ADV PART 2A & 2B V.09.30.26, filed 30 September 2026
Which custodians does Old Peak Finance use?
Old Peak Finance’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $702M. 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 September 2026
How many financial advisors does Old Peak Finance have?
Old Peak Finance has 8 investment adviser representatives registered with state securities authorities, out of 10 employees, and 8 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 Old Peak Finance invest in?
At the end of its last fiscal year, Old Peak Finance’s separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Old Peak Finance?
Old Peak Finance’s direct owners are Theodore Waechter (75% or more), Daniel Routh (5% to 10%) and Donna Reaves (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does Old Peak Finance get paid?
Old Peak Finance 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 Old Peak Finance registered with the SEC?
Yes, Old Peak Finance has been registered with the SEC as an investment adviser since 14 February 2017. Its CRD number is 154804 and its SEC file number is 801-109968.
Source: Form ADV Part 1A, Item 1, filed 30 September 2026; IAPD firm record
How do I contact Old Peak Finance?
Old Peak Finance’s main office is at 100 Europa Drive, Suite 410, Chapel Hill, NC 27517. Its phone number is 919-459-8181. Its website is oldpeakfinance.com.