Sherman Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 11–25 clients last fiscal year.
Sherman Wealth Management reports 143 clients. They include 102 individual clients and 41 high-net-worth individuals. Of its assets, 97.1% ($156M across 342 accounts) are managed with discretion; $4.63M across 57 accounts are not. Of its clients, 3% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 27% |
| High-net-worth individuals | 29% | 70% |
| Pension and profit-sharing plans | Fewer than 5 | 4% |
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) | 102 | $42.6M | 26.6% | $418K |
| High-net-worth individuals | 41 | $112M | 69.9% | $2.73M |
| Pension and profit-sharing plans | Fewer than 5 | $5.65M | 3.5% | — |
| Total | 143 | $160M | 100% | — |
- Clients
- 102
- Regulatory AUM
- $42.6M
- AUM share
- 26.6%
- Avg. per client
- $418K
- Clients
- 41
- Regulatory AUM
- $112M
- AUM share
- 69.9%
- Avg. per client
- $2.73M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.65M
- AUM share
- 3.5%
- Avg. per client
- —
Total
- Clients
- 143
- Regulatory AUM
- $160M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 3%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Sherman Wealth Management charges 0.25%–1.00% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$1M | 0.90% |
| $1M–$3M | 0.75% |
| $3M–$6M | 0.60% |
| $6M–$10M | 0.40% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning
- Project-based financial planning is billed at up to $550 an hour or as a fixed fee; ongoing financial planning is an annual fee of up to $10,000.
- Retirement Plan Advisory
- Retirement plan advisory is an annual asset-based fee of up to 1.00%, or a fixed annual fee.
- Tax Planning
- A one-time tax plan typically costs $500 to $3,000; ongoing tax planning is a recurring flat fee of $1,000 to $5,000 a year.
Bradley Sherman owns 75% or more of Sherman Wealth Management. The leadership team of Sherman Wealth Management includes Chief Compliance Officer Bradley Sherman. It has 5 employees, 3 of them in advisory roles.
Leadership
- Bradley ShermanPrincipal, Chief Compliance Officer, Member
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Ashley Rose Perlmutter
- Andrew William Prescott III
- Bradley L Sherman
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Sherman Wealth Management LLC
Bradley Sherman
Control person · since August 2015
Sherman Wealth Management’s regulatory assets grew from $122M (June 2025) to $160M (September 2026); clients were 143 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $160M | 143 | 5 | 4 |
| June 2025 | $122M | 137 | 5 | 4 |
Besides its headquarters, Sherman Wealth Management has 3 offices (1 private residence, listed without an address), with 3 listed addresses in Colorado, Florida and Maryland.
Colorado · 1 listed address
- 82 East Beaver Creek BLVD, Avon
Florida · 1 listed address
- 4440 Pga BLVD, Palm Beach Gardens
Maryland · 1 listed address
- 9841 Washingtonian BLVD, Suite #200, GaithersburgHQ
Contact and registration details
- Legal name
- Sherman Wealth Management LLC
- Headquarters
- 9841 Washingtonian BLVD, Suite #200, Gaithersburg, MD 20878
- Website
- shermanwealth.com
- Phone
- 240-428-1622
- @sherman-wealth-management
- SEC file
- 801-131124
- Structure
- Maryland LLC
- Fiscal year end
- December
Sherman Wealth Management uses Charles Schwab ($152M) as custodian for its separately managed accounts. Sherman Wealth Management has custody of $34.8M in client assets for 21 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $152M100%
At year end, Sherman Wealth Management’s separately managed accounts were mostly in funds (80%). Its reported 13F holdings for the quarter ended 30 June 2026 total $133M across 84 positions; the largest are Vanguard World FD (10.6%), Vanguard Specialized Funds (9.9%) and SPDR Index Shs Fds (6.4%).
What the accounts hold
- Stocks8%
- Exchange-traded equities7%
- Non-exchange-traded equities1%
- Funds80%
- Bonds5%
- Cash7%
Reported 13F holdings
- $133M
- Reported 13F value
- 84
- Positions
- 52.1%
- In the 10 largest
- +14.1%
- Value vs. prior quarter
- Vanguard World FD · Mega Grwth Ind10.6%
- Vanguard Specialized Funds · Div App ETF9.9%
- SPDR Index Shs Fds · ST Str PO EX ETF6.4%
- Vanguard Whitehall Fds · High Div Yld6.2%
- J P Morgan Exchange Traded F · Ultra Shrt ETF4.7%
- J P Morgan Exchange Traded F · Active Bond ETF3.5%
- iShares TR · MSCI USA Qlt Fct3.4%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt2.7%
- Vanguard Admiral Fds Inc. · 500 Grth Idx F2.3%
- SPDR Series Trust · ST Str Blo 1 ETF2.2%
Together, the ten largest are 52.1% of reported value.
How many clients does Sherman Wealth Management have?
Sherman Wealth Management has 143 clients and manages $160 million for them, as of September 2026. They include 102 individual clients and 41 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Sherman Wealth Management offer?
Sherman Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Sherman Wealth Management charge?
Sherman Wealth Management charges 0.25%–1.00% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Source: 2026-03-03 SHERMAN WEALTH MANAGEMENT FORM ADV PART 2A, filed 28 September 2026
Which custodians does Sherman Wealth Management use?
Sherman Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $152M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Sherman Wealth Management have?
Sherman Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Sherman Wealth Management invest in?
At the end of its last fiscal year, Sherman Wealth Management’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 7% cash and equivalents, 5% U.S. government and agency bonds and 1% 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 Sherman Wealth Management?
Sherman Wealth Management’s direct owner is Bradley Sherman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Sherman Wealth Management get paid?
Sherman 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 Sherman Wealth Management?
Sherman Wealth Management’s main office is at 9841 Washingtonian BLVD, Suite #200, Gaithersburg, MD 20878. Its phone number is 240-428-1622. Its website is shermanwealth.com.