{"url":"https://nivawealth.com/firms/terra-wealth-management-320643","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/320643","regulatoryAum":152005349,"crd":"320643","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7622134","suffix":null,"lastName":"Gauthier","firstName":"Eric","middleName":"Daniel"},{"crd":"5915472","suffix":null,"lastName":"Mauk","firstName":"Joshua","middleName":null},{"crd":"6834792","suffix":null,"lastName":"Mink","firstName":"Lauren","middleName":"Elizabeth"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-07-28","regulatoryAum":0,"clients":0,"employees":5,"offices":1},{"filedOn":"2023-05-18","regulatoryAum":167354321,"clients":1091,"employees":62,"offices":26},{"filedOn":"2024-07-30","regulatoryAum":340742000,"clients":1674,"employees":65,"offices":29},{"filedOn":"2025-04-28","regulatoryAum":399431686,"clients":2087,"employees":55,"offices":25},{"filedOn":"2026-03-30","regulatoryAum":152005349,"clients":572,"employees":13,"offices":6}],"secFileNumber":"801-125822","legalName":"Terra Wealth Management, LLC","displayName":"Terra Wealth Management","slug":"terra-wealth-management-320643","website":"https://terrawealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/terrawealth/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"400 West English Road, Ste 223","city":"High Point","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"27262"},"tradeNames":[],"registration":{"secApproved":"3 June 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":264978.0576923077,"staff":{"employees":13,"advisory":6,"brokerDealerReps":3,"insuranceAgents":7,"promoters":0},"aum":{"regulatory":152005349,"discretionary":120539478,"discretionaryAccounts":824,"nonDiscretionary":31465871,"nonDiscretionaryAccounts":113,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":526,"regulatoryAum":117136119},{"label":"High-net-worth individuals","clients":46,"regulatoryAum":34431330},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":437900}],"feePrograms":[{"role":"main","program":"Fee Schedule for Advisory Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1033598","versionId":1033598,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-03-30","documentName":"TERRA WEALTH MANAGEMENT LLC","fee_rate_low":null,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Negotiable; ad-hoc and project consultations are generally $250 to $500 an hour, or a flat fee agreed in writing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1033598","versionId":1033598,"submittedOn":"2026-03-30","documentName":"TERRA WEALTH MANAGEMENT LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:12:17.584708+00:00","documents":[{"name":"TERRA WEALTH MANAGEMENT LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1033598","versionId":1033598,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":360052840}],"custodyNote":"Terra Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Phillip Leonard","title":"Chief Compliance Officer, Chief Executive Officer","crd":"4906018"}],"ownership":[{"label":"Terra Wealth LLC","detail":"Managing member in the 75% or more ownership band and a control person, since March 2022."},{"label":"Phillip Leonard","detail":"Indirect owner: a sole member of Terra Wealth LLC in the 75% or more band and a control person, since March 2022.","parent":"Terra Wealth LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":5,"privateResidences":2},"listedOfficeAddresses":4,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"10450 E Riggs Road","city":"Sun Lakes"}]},{"state":"Indiana","offices":1,"addresses":[{"street":"123 N Main St","city":"Crown Point"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"400 West English Road, Ste 223","city":"High Point","headquarters":true}]},{"state":"Tennessee","offices":1,"addresses":[{"street":"2817 West End Ave","city":"Nashville"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"305-928-3772","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":50},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":25},{"label":"Securities issued by registered investment companies or business development companies","percent":11},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/320643/PDF/320643.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1033598","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Terra Wealth Management have?","answer":"Terra Wealth Management has 572 clients and manages $152 million for them, as of March 2026. They include 526 individual clients and 46 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Terra Wealth Management offer?","answer":"Terra Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Terra Wealth Management charge?","answer":"Terra Wealth Management charges up to 2.00% a year for its Fee Schedule for Advisory Services. The fee is billed in advance or in arrears and is negotiable.","source":"TERRA WEALTH MANAGEMENT LLC, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Terra Wealth Management use?","answer":"Terra Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $360M. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Terra Wealth Management have?","answer":"Terra Wealth Management has 6 investment adviser representatives registered with state securities authorities, out of 13 employees, and 6 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 7 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Terra Wealth Management invest in?","answer":"At the end of its last fiscal year, Terra Wealth Management’s separately managed accounts held 50% exchange-traded equities, 25% investment grade corporate bonds, 11% registered funds (mutual funds, ETFs, BDCs), 10% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Terra Wealth Management?","answer":"Terra Wealth Management is owned through a holding company by Phillip Leonard. Its direct owner is Terra Wealth LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Terra Wealth Management get paid?","answer":"Terra 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Terra Wealth Management?","answer":"Terra Wealth Management’s main office is at 400 West English Road, Ste 223, High Point, NC 27262. Its phone number is 305-928-3772. Its website is terrawealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}