Wakefield Asset Management, LLLP provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Wakefield Asset Management, LLLP reports 201 clients. They include 103 individual clients, 85 high-net-worth individuals, and 8 corporations and other businesses. Of its assets, 99.9% ($454M across 582 accounts) are managed with discretion; $472K across 4 accounts are not. A wrap fee program the firm both sponsors and manages holds $522M. It advised 9 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 11% |
| High-net-worth individuals | 42% | 59% |
| Pension and profit-sharing plans | 1% | 2% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 4% | 28% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 103 | $49.1M | 10.8% | $477K |
| High-net-worth individuals | 85 | $267M | 58.8% | $3.14M |
| Pension and profit-sharing plans | 3 | $8.42M | 1.9% | $2.81M |
| Charitable organizations | 2 | $701K | 0.2% | $351K |
| Corporations and other businesses | 8 | $129M | 28.4% | $16.1M |
| Total | 201 | $454M | 100% | $2.26M |
- Clients
- 103
- Regulatory AUM
- $49.1M
- AUM share
- 10.8%
- Avg. per client
- $477K
- Clients
- 85
- Regulatory AUM
- $267M
- AUM share
- 58.8%
- Avg. per client
- $3.14M
- Clients
- 3
- Regulatory AUM
- $8.42M
- AUM share
- 1.9%
- Avg. per client
- $2.81M
- Clients
- 2
- Regulatory AUM
- $701K
- AUM share
- 0.2%
- Avg. per client
- $351K
- Clients
- 8
- Regulatory AUM
- $129M
- AUM share
- 28.4%
- Avg. per client
- $16.1M
Total
- Clients
- 201
- Regulatory AUM
- $454M
- AUM share
- 100%
- Avg. per client
- $2.26M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 9
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Wakefield Asset Management, LLLP is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting Services
- Fee varies by type of service, project duration and expertise required, and is negotiated client by client.
Geoffrey Gervasini owns 75% or more of Wakefield Asset Management, LLLP. The leadership team of Wakefield Asset Management, LLLP includes Chief Investment Officer Geoffrey Gervasini and Chief Compliance Officer Gregory Brittain. It has 11 employees, 3 of them in advisory roles.
Staff
- 11 employees
- 3 in advisory functions
- 4 state-registered reps
- 2 soliciting firms
- Owns 75% or more of Wakefield Asset Management, LLLP
Geoffrey Gervasini
Control person · since December 2006
- Owns 5% to 10% of Wakefield Asset Management, LLLP
Gregory Brittain
since January 2021
Wakefield Asset Management, LLLP’s regulatory assets grew 1.5× from $293M (March 2021) to $454M (March 2026); clients were 201 in both filings and employees rose from 8 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $454M | 201 | 11 | 1 |
| Mar 2025March 2025 | $371M | 192 | 10 | 1 |
| Mar 2024March 2024 | $343M | 180 | 11 | 1 |
| Jul 2023July 2023 | $313M | 170 | 11 | 1 |
| Mar 2022March 2022 | $352M | 201 | 9 | 1 |
| Mar 2021March 2021 | $293M | 194 | 8 | 1 |
Besides its headquarters, Wakefield Asset Management, LLLP has 0 offices, with 1 listed address in 1 state.
Colorado · 1 listed address
- 7887 East Belleview Ave, Suite #800, EnglewoodHQ
Contact and registration details
- Legal name
- Wakefield Asset Management, LLLP
- Headquarters
- 7887 East Belleview Ave, Suite #800, Englewood, CO 80111
- Website
- wakefieldasset.com
- Phone
- 303-771-0630
- SEC file
- 801-68152
- Structure
- Colorado other (specify)
- Fiscal year end
- December
Wakefield Asset Management, LLLP’s named custodians for separately managed accounts are Charles Schwab ($339M, 81%) and Fidelity ($81.9M, 19%). Wakefield Asset Management, LLLP does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $339M81%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $81.9M19%
At year end, Wakefield Asset Management, LLLP’s separately managed accounts were mostly in stocks (79%) and bonds (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $444M across 225 positions; the largest are iShares TR (4.4%), iShares TR (4.4%) and iShares Inc. (2.9%).
What the accounts hold
- Stocks79%
- Funds8%
- Bonds10%
- U.S. government and agency bonds8%
- State and local bonds2%
- Cash3%
How many clients does Wakefield Asset Management, LLLP have?
Wakefield Asset Management, LLLP has 201 clients and manages $454 million for them, as of March 2026. They include 103 individual clients, 85 high-net-worth individuals, and 8 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Wakefield Asset Management, LLLP offer?
Wakefield Asset Management, LLLP provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wakefield Asset Management, LLLP use?
Wakefield Asset Management, LLLP’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $339M and Fidelity Brokerage Services LLC (Smithfield, RI), with $81.9M. 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
How many financial advisors does Wakefield Asset Management, LLLP have?
Wakefield Asset Management, LLLP has 4 investment adviser representatives registered with state securities authorities, out of 11 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 Wakefield Asset Management, LLLP invest in?
At the end of its last fiscal year, Wakefield Asset Management, LLLP’s separately managed accounts held 79% exchange-traded equities, 8% U.S. government and agency bonds, 8% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents 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 Wakefield Asset Management, LLLP?
Wakefield Asset Management, LLLP’s direct owners are Geoffrey Gervasini (75% or more) and Gregory Brittain (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Wakefield Asset Management, LLLP get paid?
Wakefield Asset Management, LLLP 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 Wakefield Asset Management, LLLP?
Wakefield Asset Management, LLLP’s main office is at 7887 East Belleview Ave, Suite #800, Englewood, CO 80111. Its phone number is 303-771-0630. Its website is wakefieldasset.com.