Orca Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
Orca Wealth Management reports 425 clients. They include 221 high-net-worth individuals, 185 individual clients, and 15 corporations and other businesses. Of its assets, 99.2% ($223M across 392 accounts) are managed with discretion; $1.8M across 33 accounts are not. A wrap fee program the firm both sponsors and manages holds $659M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 9% |
| High-net-worth individuals | 52% | 67% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 4% | 23% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 185 | $20.3M | 9.0% | $110K |
| High-net-worth individuals | 221 | $149M | 66.6% | $676K |
| Pension and profit-sharing plans | Fewer than 5 | $2.76M | 1.2% | $921K |
| Charitable organizations | Fewer than 5 | $1.18M | 0.5% | $1.18M |
| Corporations and other businesses | 15 | $50.8M | 22.6% | $3.38M |
| Total | 425 | $224M | 100% | — |
- Clients
- 185
- Regulatory AUM
- $20.3M
- AUM share
- 9.0%
- Avg. per client
- $110K
- Clients
- 221
- Regulatory AUM
- $149M
- AUM share
- 66.6%
- Avg. per client
- $676K
- Clients
- Fewer than 5
- Regulatory AUM
- $2.76M
- AUM share
- 1.2%
- Avg. per client
- $921K
- Clients
- Fewer than 5
- Regulatory AUM
- $1.18M
- AUM share
- 0.5%
- Avg. per client
- $1.18M
- Clients
- 15
- Regulatory AUM
- $50.8M
- AUM share
- 22.6%
- Avg. per client
- $3.38M
Total
- Clients
- 425
- Regulatory AUM
- $224M
- 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
- 11–25
Orca Wealth Management 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
- Financial Planning and Consulting
- Financial planning and consulting are billed hourly at up to $300, or as fixed or project fees, generally not exceeding $20,000 annually.
- Retirement Plan Sponsor Consulting
- Plan sponsor consulting is a flat rate, an hourly rate, or based on plan asset value, per the services agreement.
Kenneth Ouellette owns 75% or more of Orca Wealth Management. The leadership team of Orca Wealth Management includes Chief Compliance Officer Kenneth Ouellette. It has 3 employees, 1 of them in advisory roles.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Orca Wealth Management, LLC
Kenneth Ouellette
Control person · since July 2020
Orca Wealth Management’s regulatory assets grew 1.7× from $132M (June 2021) to $224M (May 2026); clients rose from 124 to 425 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $224M | 425 | 3 | 2 |
| Mar 2025March 2025 | $194M | 428 | 2 | 2 |
| Jun 2024June 2024 | $171M | 440 | 2 | 2 |
| May 2023May 2023 | $151M | 424 | 3 | 2 |
| Jun 2022June 2022 | $157M | 124 | 3 | 2 |
| Jun 2021June 2021 | $132M | 124 | 3 | 2 |
Besides its headquarters, Orca Wealth Management has 1 office, with 2 listed addresses across 2 states.
Florida · 1 listed address
- 6521 Main Street, New Port RicheyHQ
North Carolina · 1 listed address
- 4601 North Croatan Hwy., Kitty Hawk
Contact and registration details
- Legal name
- Orca Wealth Management, LLC
- Headquarters
- 6521 Main Street, New Port Richey, FL 34653
- Website
- orcawealth.com
- Phone
- 727-938-1600
- SEC file
- 801-119307
- Structure
- Florida LLC
- Fiscal year end
- December
Orca Wealth Management’s named custodian for separately managed accounts is Trade-PMR ($224M). Orca Wealth Management does not have custody of client assets.
- Trade-PMRTrade-PMR Inc. · Gainesville, FL · $224M100%
At year end, Orca Wealth Management’s separately managed accounts were mostly in stocks (66%) and funds (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $167M across 83 positions; the largest are Apple Inc. (10.0%), Micron Technology Inc. (9.0%) and Cisco Systems Inc. (5.6%).
What the accounts hold
- Stocks66%
- Exchange-traded equities65%
- Non-exchange-traded equities1%
- Funds30%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
How many clients does Orca Wealth Management have?
Orca Wealth Management has 425 clients and manages $224 million for them, as of May 2026. They include 221 high-net-worth individuals, 185 individual clients, and 15 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 May 2026
What services does Orca Wealth Management offer?
Orca Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Orca Wealth Management use?
Orca Wealth Management’s separately managed account assets are held at Trade-PMR Inc. (Gainesville, FL), with $224M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 May 2026
How many financial advisors does Orca Wealth Management have?
Orca Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Orca Wealth Management invest in?
At the end of its last fiscal year, Orca Wealth Management’s separately managed accounts held 65% exchange-traded equities, 30% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents, 1% non-exchange-traded equities, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Orca Wealth Management?
Orca Wealth Management’s direct owner is Kenneth Ouellette (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 May 2026
How does Orca Wealth Management get paid?
Orca 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 Orca Wealth Management?
Orca Wealth Management’s main office is at 6521 Main Street, New Port Richey, FL 34653. Its phone number is 727-938-1600. Its website is orcawealth.com.
