SFG Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
SFG Wealth Management reports 1,184 clients. They include 619 individual clients, 554 high-net-worth individuals, and 11 corporations and other businesses. Of its assets, 89.7% ($682M across 1,772 accounts) are managed with discretion; $78.3M across 210 accounts are not. A wrap fee program the firm both sponsors and manages holds $760M. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 18% |
| High-net-worth individuals | 47% | 75% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | Fewer than 5 | 2% |
| Corporations and other businesses | <1% | 5% |
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) | 619 | $137M | 18.1% | $222K |
| High-net-worth individuals | 554 | $571M | 75.1% | $1.03M |
| Pension and profit-sharing plans | Fewer than 5 | $1.58M | 0.2% | — |
| Charitable organizations | Fewer than 5 | $11.8M | 1.6% | — |
| Corporations and other businesses | 11 | $38.8M | 5.1% | $3.52M |
| Total | 1,184 | $760M | 100% | — |
- Clients
- 619
- Regulatory AUM
- $137M
- AUM share
- 18.1%
- Avg. per client
- $222K
- Clients
- 554
- Regulatory AUM
- $571M
- AUM share
- 75.1%
- Avg. per client
- $1.03M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.58M
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $11.8M
- AUM share
- 1.6%
- Avg. per client
- —
- Clients
- 11
- Regulatory AUM
- $38.8M
- AUM share
- 5.1%
- Avg. per client
- $3.52M
Total
- Clients
- 1,184
- Regulatory AUM
- $760M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
SFG 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 one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting are billed hourly, at up to $400 an hour, or as a flat fee that will not exceed $10,000.
SFG Wealth Management, LLC owns 75% or more of SFG Wealth Management and is in turn owned by Lawrence Leitch (25–50%) and William Swartz (25–50%). Lawrence Leitch is CEO; the leadership team includes Chief Compliance Officer Timothy Carne. It has 19 employees, 10 of them in advisory roles.
Staff
- 19 employees
- 10 in advisory functions
- 10 state-registered reps
- 10 broker-dealer reps
- 10 insurance agents
- Owns 25% to 50% of SFG Wealth Management, LLC
Lawrence Leitch
Control person · since January 2021
- Owns 25% to 50% of SFG Wealth Management, LLC
William Swartz
Control person · since January 2025
SFG Wealth Management’s regulatory assets grew 1.9× from $408M (May 2021) to $760M (April 2026); clients rose from 1,107 to 1,184 and employees from 17 to 19.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $760M | 1,184 | 19 | 3 |
| Mar 2025March 2025 | $644M | 1,184 | 11 | 3 |
| Jul 2024July 2024 | $556M | 1,152 | 16 | 3 |
| Aug 2023August 2023 | $442M | 1,010 | 14 | 1 |
| Apr 2022April 2022 | $532M | 1,516 | 17 | 1 |
| May 2021May 2021 | $408M | 1,107 | 17 | 3 |
Besides its headquarters, SFG Wealth Management has 2 offices, with 3 listed addresses in 1 state.
Maryland · 3 listed addresses
- 1104 Kenilworth Drive, Suite 500, TowsonHQ
- 8530 Veterans Highway, Millersville
- 543 Riverside Drive, Salisbury
Contact and registration details
- Legal name
- SFG Wealth Management, LLC
- Headquarters
- 1104 Kenilworth Drive, Suite 500, Towson, MD 21204
- Website
- sfgwm.com
- Phone
- 410-825-3200
- @128120
- SEC file
- 801-108748
- Structure
- Maryland LLC
- Fiscal year end
- December
SFG Wealth Management’s named custodian for separately managed accounts is LPL Financial ($730M). SFG Wealth Management has custody of $396M for 535 clients.
- LPL FinancialLPL Financial LLC · Boston, MA · $730M100%
At year end, SFG Wealth Management’s separately managed accounts were mostly in funds (92%). Its reported 13F holdings for the quarter ended 30 June 2026 total $278M across 113 positions; the largest are SPDR Series Trust (16.6%), Mfs Active Exchange Traded F (11.3%) and State Str SPDR S&P 500 ETF T (11.1%).
What the accounts hold
- Stocks5%
- Funds92%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
How many clients does SFG Wealth Management have?
SFG Wealth Management has 1,184 clients and manages $760 million for them, as of April 2026. They include 619 individual clients, 554 high-net-worth individuals, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 April 2026
What services does SFG Wealth Management offer?
SFG Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, 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 SFG Wealth Management use?
SFG Wealth Management’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $730M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 April 2026
How many financial advisors does SFG Wealth Management have?
SFG Wealth Management has 10 investment adviser representatives registered with state securities authorities, out of 19 employees, and 10 perform investment advisory functions. 10 employees are registered representatives of a broker-dealer and 10 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 SFG Wealth Management invest in?
At the end of its last fiscal year, SFG Wealth Management’s separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds, 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 SFG Wealth Management?
SFG Wealth Management is owned through a holding company by Lawrence Leitch and William Swartz. Its direct owner is SFG Wealth Management, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 April 2026
How does SFG Wealth Management get paid?
SFG 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 SFG Wealth Management?
SFG Wealth Management’s main office is at 1104 Kenilworth Drive, Suite 500, Towson, MD 21204. Its phone number is 410-825-3200. Its website is sfgwm.com.