WealthGen Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
WealthGen Advisors reports 106 clients. They include 66 individual clients, 29 high-net-worth individuals, and 6 corporations and other businesses. Of its assets, 92.9% ($136M across 398 accounts) are managed with discretion; $10.4M across 223 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 21% |
| High-net-worth individuals | 27% | 69% |
| Pooled investment vehicles | 2% | 2% |
| Pension and profit-sharing plans | 3% | 7% |
| Corporations and other businesses | 6% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 66 | $30.7M | 20.9% | $465K |
| High-net-worth individuals | 29 | $101M | 68.6% | $3.47M |
| Pooled investment vehicles | 2 | $2.6M | 1.8% | $1.3M |
| Pension and profit-sharing plans | 3 | $9.7M | 6.6% | $3.23M |
| Corporations and other businesses | 6 | $3M | 2.0% | $500K |
| Total | 106 | $147M | 100% | $1.38M |
- Clients
- 66
- Regulatory AUM
- $30.7M
- AUM share
- 20.9%
- Avg. per client
- $465K
- Clients
- 29
- Regulatory AUM
- $101M
- AUM share
- 68.6%
- Avg. per client
- $3.47M
- Clients
- 2
- Regulatory AUM
- $2.6M
- AUM share
- 1.8%
- Avg. per client
- $1.3M
- Clients
- 3
- Regulatory AUM
- $9.7M
- AUM share
- 6.6%
- Avg. per client
- $3.23M
- Clients
- 6
- Regulatory AUM
- $3M
- AUM share
- 2.0%
- Avg. per client
- $500K
Total
- Clients
- 106
- Regulatory AUM
- $147M
- AUM share
- 100%
- Avg. per client
- $1.38M
- 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
- 1–10
WealthGen Advisors charges 0.65%–1.05% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial plans are billed at $250 an hour or as a flat fee generally from $5,000 to $8,000, with a $5,000 minimum when AUM is under $500,000.
- Hourly Consulting Services
- Hourly consulting is billed at $250 an hour.
- Retirement Plan Consulting
- Retirement plan consulting is an assets under management fee of generally no more than 1.00%, or a fixed $6,000 annual fee.
Kenneth Hargreaves owns 75% or more of WealthGen Advisors. The leadership team of WealthGen Advisors includes Chief Compliance Officer Richard Rayles. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Wealthgen Advisors, LLC
Kenneth Hargreaves
Control person · since October 2019
Besides its headquarters, WealthGen Advisors has 1 office, with 2 listed addresses in 1 state.
Florida · 2 listed addresses
- 1239 N Gulfstream Ave., Suite 4, SarasotaHQ
- 8031 Lakewood Main Street, Lakewood Ranch
Contact and registration details
- Legal name
- Wealthgen Advisors, LLC
- Headquarters
- 1239 N Gulfstream Ave., Suite 4, Sarasota, FL 34236
- Website
- wealthgenadvisor.com
- Phone
- 941-706-4151
- @wealthgen-advisors
- SEC file
- 801-135441
- Structure
- Florida LLC
- Fiscal year end
- December
WealthGen Advisors’ named custodians for separately managed accounts are Charles Schwab ($66M, 86%) and Capital Client Group ($10.5M, 14%). WealthGen Advisors has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $66M86%
- Capital Client GroupCapital Client Group, Inc. · Los Angeles, CA · $10.5M14%
At year end, WealthGen Advisors’ separately managed accounts were mostly in stocks (66%) and funds (28%).
What the accounts hold
- Stocks66%
- Funds28%
- Bonds4%
- Cash2%
How many clients does WealthGen Advisors have?
WealthGen Advisors has 106 clients and manages $147 million for them, as of August 2026. They include 66 individual clients, 29 high-net-worth individuals, and 6 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 August 2026
What services does WealthGen Advisors offer?
WealthGen Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does WealthGen Advisors charge?
WealthGen Advisors charges 0.65%–1.05% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Source: ADV 2A - FIRM DISCLOSURE BROCHURE, filed 30 August 2026
Which custodians does WealthGen Advisors use?
WealthGen Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $66M and Capital Client Group, Inc. (Los Angeles, CA), with $10.5M. 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 August 2026
How many financial advisors does WealthGen Advisors have?
WealthGen Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does WealthGen Advisors invest in?
At the end of its last fiscal year, WealthGen Advisors’ separately managed accounts held 66% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds and 2% 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 WealthGen Advisors?
WealthGen Advisors’ direct owner is Kenneth Hargreaves (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 August 2026
How does WealthGen Advisors get paid?
WealthGen Advisors 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 WealthGen Advisors?
WealthGen Advisors’ main office is at 1239 N Gulfstream Ave., Suite 4, Sarasota, FL 34236. Its phone number is 941-706-4151. Its website is wealthgenadvisor.com.
