Shepherd Wealth Management Limited Liability provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Shepherd Wealth Management Limited Liability reports 430 clients. They include 387 individual clients and 43 high-net-worth individuals. Of its assets, 100.0% ($162M across 430 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 39% |
| High-net-worth individuals | 10% | 61% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 387 | $63.4M | 39.1% | $164K |
| High-net-worth individuals | 43 | $98.7M | 60.9% | $2.29M |
| Total | 430 | $162M | 100% | $377K |
- Clients
- 387
- Regulatory AUM
- $63.4M
- AUM share
- 39.1%
- Avg. per client
- $164K
- Clients
- 43
- Regulatory AUM
- $98.7M
- AUM share
- 60.9%
- Avg. per client
- $2.29M
Total
- Clients
- 430
- Regulatory AUM
- $162M
- AUM share
- 100%
- Avg. per client
- $377K
- 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
- 1–10
Shepherd Wealth Management Limited Liability charges 1.00%–1.50% a year for its Investment Management & Financial Planning Services. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and requires an account of at least $100,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.25% |
| $500K and above | 1.00% |
Fee details and sources
Other fees
- Retirement Plan Consulting
- Retirement plan consulting is a blended annual fee on plan assets, from 1.00% down to 0.20%, not to exceed 1% of total plan assets, paid quarterly in arrears.
Joshua Garland owns 75% or more of Shepherd Wealth Management Limited Liability. The leadership team of Shepherd Wealth Management Limited Liability includes President John Ashcroft. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Shepherd Wealth Management Limited Liability Company
Joshua Garland
Control person · since January 2021
- Owns 25% to 50% of Shepherd Wealth Management Limited Liability Company
John Ashcroft
Control person · since January 2023
Shepherd Wealth Management Limited Liability’s regulatory assets grew from $114M (March 2025) to $162M (February 2026); clients rose from 111 to 430 and employees from 2 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $162M | 430 | 4 | 2 |
| Mar 2025March 2025 | $114M | 111 | 2 | 2 |
Besides its headquarters, Shepherd Wealth Management Limited Liability has 1 office, with 2 listed addresses across 2 states.
Ohio · 1 listed address
- 3181 Linwood Ave., Suite 20, CincinnatiHQ
Pennsylvania · 1 listed address
- 27-31 E. Main St., Lititz
Contact and registration details
- Legal name
- Shepherd Wealth Management Limited Liability Company
- Headquarters
- 3181 Linwood Ave., Suite 20, Cincinnati, OH 45208
- Website
- shepherdwm.com
- Phone
- 513-630-2664
- SEC file
- 801-131565
- Structure
- Ohio LLC
- Fiscal year end
- December
Shepherd Wealth Management Limited Liability’s named custodian for separately managed accounts is Charles Schwab ($162M). Shepherd Wealth Management Limited Liability does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $162M100%
At year end, Shepherd Wealth Management Limited Liability’s separately managed accounts were mostly in stocks (100%). Its reported 13F holdings for the quarter ended 30 June 2026 total $181M across 57 positions; the largest are State Str SPDR S&P 500 ETF T (31.9%), iShares TR (24.1%) and Invesco Actively Managed Exc (8.8%).
What the accounts hold
- Stocks100%
- Exchange-traded equities93%
- Non-exchange-traded equities7%
How many clients does Shepherd Wealth Management Limited Liability have?
Shepherd Wealth Management Limited Liability has 430 clients and manages $162 million for them, as of February 2026. They include 387 individual clients and 43 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 February 2026
What services does Shepherd Wealth Management Limited Liability offer?
Shepherd Wealth Management Limited Liability 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
How much does Shepherd Wealth Management Limited Liability charge?
Shepherd Wealth Management Limited Liability charges 1.00%–1.50% a year for its Investment Management & Financial Planning Services. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.
Which custodians does Shepherd Wealth Management Limited Liability use?
Shepherd Wealth Management Limited Liability’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $162M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 February 2026
How many financial advisors does Shepherd Wealth Management Limited Liability have?
Shepherd Wealth Management Limited Liability has 4 investment adviser representatives registered with state securities authorities, out of 4 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 Shepherd Wealth Management Limited Liability invest in?
At the end of its last fiscal year, Shepherd Wealth Management Limited Liability’s separately managed accounts held 93% exchange-traded equities and 7% 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
Does Shepherd Wealth Management Limited Liability have a minimum investment?
Yes, Shepherd Wealth Management Limited Liability’s minimum account size for its Investment Management & Financial Planning Services is $100K.
Who owns Shepherd Wealth Management Limited Liability?
Shepherd Wealth Management Limited Liability’s direct owners are Joshua Garland (75% or more) and John Ashcroft (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 18 February 2026
How does Shepherd Wealth Management Limited Liability get paid?
Shepherd Wealth Management Limited Liability 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 Shepherd Wealth Management Limited Liability?
Shepherd Wealth Management Limited Liability’s main office is at 3181 Linwood Ave., Suite 20, Cincinnati, OH 45208. Its phone number is 513-630-2664. Its website is shepherdwm.com.