Vandalia Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Vandalia Wealth Management reports 469 clients. They include 444 individual clients and 25 high-net-worth individuals. Of its assets, 100.0% ($250M across 469 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 95% | 50% |
| High-net-worth individuals | 5% | 50% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 444 | $125M | 50.0% | $281K |
| High-net-worth individuals | 25 | $125M | 50.0% | $5M |
| Total | 469 | $250M | 100% | $532K |
- Clients
- 444
- Regulatory AUM
- $125M
- AUM share
- 50.0%
- Avg. per client
- $281K
- Clients
- 25
- Regulatory AUM
- $125M
- AUM share
- 50.0%
- Avg. per client
- $5M
Total
- Clients
- 469
- Regulatory AUM
- $250M
- AUM share
- 100%
- Avg. per client
- $532K
- 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
- 0
Vandalia Wealth Management charges 0.65%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Retirement Plan Advisory Services
- Retirement plan advisory fees are an annual asset-based fee of up to 1.00%, billed monthly or quarterly in advance or arrears.
- Stand-Alone Financial Planning
- Stand-alone financial planning is billed hourly at up to $500 per hour, or as a fixed fee of $5,000 to $50,000.
Ian McIlvaine owns 50% to 75% of Vandalia Wealth Management. Ian McIlvaine is CEO; the leadership team includes President John Jones. It has 22 employees, 15 of them in advisory roles.
Leadership
- Ian McIlvaineChief Executive Officer, Chief Investment Officer, Chief Compliance Officer, and Wealth Advisor
- John JonesPresident, Chief Operating Officer, and Wealth Advisor
Investment adviser representatives
14 representatives listed in the SEC register as of 9 October 2026.
Staff
- 22 employees
- 15 in advisory functions
- 15 state-registered reps
- 5 insurance agents
- 1 soliciting firm
- Owns 50% to 75% of Vandalia Wealth Management Incorporated
Ian McIlvaine
Control person · since January 2026
- Owns 50% to 75% of Vandalia Wealth Management Incorporated
John Jones
Control person · since January 2026
Besides its headquarters, Vandalia Wealth Management has 5 offices, with 6 listed addresses across 4 states.
West Virginia · 3 listed addresses
- 500 Corporate Landing, Suite 201, CharlestonHQ
- 101 N. Kanawha, Beckley
- 1000 Swiss Pine Way, Morgantown
Kentucky · 1 listed address
- 100 W Main Street, Lexington
North Carolina · 1 listed address
- 710 Cromwell Drive, Greenville
Pennsylvania · 1 listed address
- 2009 Mackenzie Way, Cranberry Township
Contact and registration details
- Legal name
- Vandalia Wealth Management Incorporated
- Headquarters
- 500 Corporate Landing, Suite 201, Charleston, WV 25311
- Website
- vandaliawealth.com
- Phone
- 304-915-0260
- @vandalia-wealth-management
- SEC file
- 801-135365
- Structure
- West Virginia corporation
- Fiscal year end
- December
Vandalia Wealth Management uses Charles Schwab ($250M) as custodian for its separately managed accounts. Vandalia Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $250M100%
At year end, Vandalia Wealth Management’s separately managed accounts were largely in stocks (45%) and funds (40%).
What the accounts hold
- Stocks45%
- Funds40%
- Bonds10%
- Cash5%
How many clients does Vandalia Wealth Management have?
Vandalia Wealth Management has 469 clients and manages $250 million for them, as of July 2026. They include 444 individual clients and 25 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 July 2026
What services does Vandalia Wealth Management offer?
Vandalia 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
How much does Vandalia Wealth Management charge?
Vandalia Wealth Management charges 0.65%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable.
Source: VANDALIA WEALTH MANAGEMENT INCORPORATED DISCLOSURE BROCHURE, filed 10 July 2026
Which custodians does Vandalia Wealth Management use?
Vandalia Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $250M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 July 2026
How many financial advisors does Vandalia Wealth Management have?
Vandalia Wealth Management has 15 investment adviser representatives registered with state securities authorities, out of 22 employees, and 15 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 Vandalia Wealth Management invest in?
At the end of its last fiscal year, Vandalia Wealth Management’s separately managed accounts held 45% exchange-traded equities, 40% registered funds (mutual funds, ETFs, BDCs), 10% state and local bonds and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Vandalia Wealth Management?
Vandalia Wealth Management’s direct owners are Ian McIlvaine (50% to 75%) and John Jones (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 July 2026
How does Vandalia Wealth Management get paid?
Vandalia 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 Vandalia Wealth Management?
Vandalia Wealth Management’s main office is at 500 Corporate Landing, Suite 201, Charleston, WV 25311. Its phone number is 304-915-0260. Its website is vandaliawealth.com.