W & S Management Services provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
W & S Management Services reports 487 clients. They include 436 individual clients and 51 high-net-worth individuals. Of its assets, 100.0% ($166M across 487 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 43% |
| High-net-worth individuals | 10% | 57% |
| Corporations and other businesses | Fewer than 5 | <1% |
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) | 436 | $71.5M | 43.1% | $164K |
| High-net-worth individuals | 51 | $93.8M | 56.5% | $1.84M |
| Corporations and other businesses | Fewer than 5 | $700K | 0.4% | — |
| Total | 487 | $166M | 100% | — |
- Clients
- 436
- Regulatory AUM
- $71.5M
- AUM share
- 43.1%
- Avg. per client
- $164K
- Clients
- 51
- Regulatory AUM
- $93.8M
- AUM share
- 56.5%
- Avg. per client
- $1.84M
- Clients
- Fewer than 5
- Regulatory AUM
- $700K
- AUM share
- 0.4%
- Avg. per client
- —
Total
- Clients
- 487
- Regulatory AUM
- $166M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 251–500
W & S Management Services charges 0.50%–0.75% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.75% |
| $1M–$5M | 0.60% |
| $5M and above | 0.50% |
Fee details and sources
Other fees
- Hourly consulting, advising or planning
- Occasional hourly consulting, advising or planning fees are negotiated directly with the client.
Nathan Ward owns 50% to 75% of W & S Management Services. The leadership team of W & S Management Services includes President Brian Ward and Chief Compliance Officer Nathan Ward. It has 4 employees.
Leadership
- Brian WardPresident
- Nathan WardVice President/Chief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of W & S Management Services, Inc.
Nathan Ward
Control person · since August 2015
- Owns 25% to 50% of W & S Management Services, Inc.
Brian Ward
Control person · since October 2000
W & S Management Services’ regulatory assets grew 2.3× from $71.9M (March 2021) to $166M (March 2026); clients rose from 245 to 487 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $166M | 487 | 4 | 2 |
| March 2025 | $134M | 426 | 4 | 2 |
| March 2024 | $113M | 365 | 4 | 2 |
| March 2023 | $101M | 365 | 4 | 2 |
| March 2022 | $85.9M | 325 | 4 | 2 |
| March 2021 | $71.9M | 245 | 4 | 2 |
Besides its headquarters, W & S Management Services has 1 office (1 private residence, listed without an address), with 1 listed address in New York.
New York · 1 listed address
- 470 Long Pond Road Suite 200, RochesterHQ
Contact and registration details
- Legal name
- W & S Management Services, Inc.
- Headquarters
- 470 Long Pond Road Suite 200, Rochester, NY 14612
- Website
- wandsmgmt.com
- Phone
- 585-720-9971
- @w-s-management-services
- SEC file
- 801-69165
- Structure
- New York corporation
- Fiscal year end
- December
W & S Management Services uses Charles Schwab ($162M) as custodian for its separately managed accounts. W & S Management Services does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $162M100%
At year end, W & S Management Services’ separately managed accounts were mostly in stocks (67%) and funds (12%).
What the accounts hold
- Stocks67%
- Funds12%
- Bonds11%
- U.S. government and agency bonds9%
- State and local bonds2%
- Cash10%
How many clients does W & S Management Services have?
W & S Management Services has 487 clients and manages $166 million for them, as of March 2026. They include 436 individual clients and 51 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does W & S Management Services offer?
W & S Management Services provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does W & S Management Services charge?
W & S Management Services charges 0.50%–0.75% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is negotiable.
Which custodians does W & S Management Services use?
W & S Management Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), 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 26 March 2026
How many financial advisors does W & S Management Services have?
W & S Management Services 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 W & S Management Services invest in?
At the end of its last fiscal year, W & S Management Services’ separately managed accounts held 67% exchange-traded equities, 12% registered funds (mutual funds, ETFs, BDCs), 10% cash and equivalents, 9% U.S. government and agency bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns W & S Management Services?
W & S Management Services’ direct owners are Brian Ward (25% to 50%) and Nathan Ward (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does W & S Management Services get paid?
W & S Management Services is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 W & S Management Services?
W & S Management Services’ main office is at 470 Long Pond Road Suite 200, Rochester, NY 14612. Its phone number is 585-720-9971. Its website is wandsmgmt.com.