Wealthquest provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
Wealthquest reports 1,593 clients. They include 1,012 individual clients, 571 high-net-worth individuals and 10 charitable organizations. Of its assets, 99.9% ($2.22B across 5,239 accounts) are managed with discretion; $1.59M across 2 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 64% | 17% |
| High-net-worth individuals | 36% | 82% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,012 | $382M | 17.2% | $378K |
| High-net-worth individuals | 571 | $1.83B | 82.1% | $3.2M |
| Charitable organizations | 10 | $15M | 0.7% | $1.5M |
| Total | 1,593 | $2.22B | 100% | $1.4M |
- Clients
- 1,012
- Regulatory AUM
- $382M
- AUM share
- 17.2%
- Avg. per client
- $378K
- Clients
- 571
- Regulatory AUM
- $1.83B
- AUM share
- 82.1%
- Avg. per client
- $3.2M
- Clients
- 10
- Regulatory AUM
- $15M
- AUM share
- 0.7%
- Avg. per client
- $1.5M
Total
- Clients
- 1,593
- Regulatory AUM
- $2.22B
- AUM share
- 100%
- Avg. per client
- $1.4M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Wealthquest 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
- Tax Return Preparation
- Tax return preparation is a flat fee generally ranging from $250 to $500, negotiable at the firm's discretion.
Wade Daniel owns 25% to 50% of Wealthquest. The leadership team of Wealthquest includes President W. Kern, Chief Operating Officer Mark Bates and Chief Compliance Officer Patrick Hayes. It has 42 employees, 16 of them in advisory roles.
Leadership
- W. KernPresident
- Stephen KingVice President
- Daniel LarsonVice President
- Mark BatesChief Operating Officer
- Patrick HayesChief Compliance Officer
- Wade DanielCEO
- James LenhoffBoard Member
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
- Mark A Bates
- Jenny Ann Burns
- Wade Keith Daniel
- Megan Kathleen Hammann
- W. David Kern
- Stephen Paul King
- Daniel Thomas Larson
- Luke Leong
- Michael Hans Loewe
- Samuel Martinez
- Michael T Moore JR.
- Luke Robert Nordman
- James Charles Oliger
- Robert Dorn Reichwein
- Michael Riney
- Angela Charlene Williams
Staff
- 42 employees
- 16 in advisory functions
- 14 state-registered reps
- 1 insurance agent
- 3 soliciting firms
- Owns 25% to 50% of Wealthquest Corporation
Wade Daniel
Control person · since March 2012
- Owns 10% to 25% of Wealthquest Corporation
James Lenhoff
since January 2021
- Owns 10% to 25% of Wealthquest Corporation
Stephen King
since March 2012
- Owns 5% to 10% of Wealthquest Corporation
Mark Bates
Control person · since June 2018
- Owns 5% to 10% of Wealthquest Corporation
W. Kern
Control person · since January 2021
- Owns 5% to 10% of Wealthquest Corporation
Daniel Larson
Control person · since January 2022
Wealthquest’s regulatory assets grew 1.6× from $1.35B (July 2021) to $2.22B (July 2026); clients rose from 1,348 to 1,593 and employees from 30 to 42.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $2.22B | 1,593 | 42 | 2 |
| April 2025 | $1.93B | 1,534 | 41 | 2 |
| March 2024 | $1.79B | 1,552 | 38 | 2 |
| March 2023 | $1.49B | 1,491 | 38 | 3 |
| April 2022 | $1.67B | 1,440 | 36 | 3 |
| July 2021 | $1.35B | 1,348 | 30 | 3 |
Besides its headquarters, Wealthquest has 1 office, with 2 listed addresses in Illinois and Ohio.
Illinois · 1 listed address
- 2211 York Road, Oak Brook
Ohio · 1 listed address
- 50 E-Business Way, Suite 120, CincinnatiHQ
Contact and registration details
- Legal name
- Wealthquest Corporation
- Headquarters
- 50 E-Business Way, Suite 120, Cincinnati, OH 45241
- Website
- wqcorp.com
- Phone
- 513-530-9700
- @wealthquest
- SEC file
- 801-67079
- Founded
- 2006
- Structure
- Ohio corporation
- Fiscal year end
- December
Wealthquest uses Charles Schwab ($1.78B) as custodian for its separately managed accounts. Wealthquest has custody of $1.42B in client assets for 1,250 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.78B100%
At year end, Wealthquest’s separately managed accounts were mostly in stocks (61%) and bonds (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.59B across 177 positions; the largest are Vanguard Large Cap ETF (27.6%), iShares Core MSCI Eafe (8.6%) and Innovator US Equity 10 Buffer (8.3%).
What the accounts hold
- Stocks61%
- Funds15%
- Registered funds12%
- Pooled vehicles3%
- Bonds21%
- Cash3%
Reported 13F holdings
- $1.59B
- Reported 13F value
- 177
- Positions
- 73.5%
- In the 10 largest
- −42.1%
- Value vs. prior quarter
- Vanguard Large Cap ETFETF27.6%
- iShares Core MSCI EafeETF8.6%
- Innovator US Equity 10 BufferETF8.3%
- Innovator Defined Wealth ShieldETF5.5%
- SPDR S&P 1500ETF5.0%
- Vanguard Small Cap ETFETF4.3%
- Vanguard Russell 1000 GrowthETF4.2%
- iShares Core S&P Mid CapETF3.9%
- American Financial Group Inc.3.0%
- Vanguard Mid Cap ETFETF3.0%
Together, the ten largest are 73.5% of reported value.
How many clients does Wealthquest have?
Wealthquest has 1,593 clients and manages $2.22 billion for them, as of July 2026. They include 1,012 individual clients, 571 high-net-worth individuals and 10 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Wealthquest offer?
Wealthquest provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Wealthquest use?
Wealthquest’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.78B. 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 July 2026
How many financial advisors does Wealthquest have?
Wealthquest has 14 investment adviser representatives registered with state securities authorities, out of 42 employees, and 16 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 Wealthquest invest in?
At the end of its last fiscal year, Wealthquest’s separately managed accounts held 61% exchange-traded equities, 21% investment grade corporate bonds, 12% registered funds (mutual funds, ETFs, BDCs), 3% pooled vehicles (private funds and similar) and 3% 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 Wealthquest?
Wealthquest’s direct owners are Wade Daniel, James Lenhoff, Stephen King, Mark Bates, W. Kern and Daniel Larson, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Wealthquest get paid?
Wealthquest 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
Is Wealthquest registered with the SEC?
Yes, Wealthquest has been registered with the SEC as an investment adviser since 17 August 2006. Its CRD number is 141473 and its SEC file number is 801-67079.
Source: Form ADV Part 1A, Item 1, filed 30 July 2026; IAPD firm record
How do I contact Wealthquest?
Wealthquest’s main office is at 50 E-Business Way, Suite 120, Cincinnati, OH 45241. Its phone number is 513-530-9700. Its website is wqcorp.com.