Wealthtrust Axiom provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, and insurance. Financial planning was provided to 51–100 clients last fiscal year.
Wealthtrust Axiom reports 589 clients. They include 354 individual clients, 225 high-net-worth individuals, and 10 pension and profit-sharing plans. Of its assets, 77.5% ($698M across 323 accounts) are managed with discretion; $202M across 291 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 89% |
| High-net-worth individuals | 38% | 10% |
| Pension and profit-sharing plans | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 354 | $801M | 89.0% | $2.26M |
| High-net-worth individuals | 225 | $92.5M | 10.3% | $411K |
| Pension and profit-sharing plans | 10 | $6.35M | 0.7% | $635K |
| Total | 589 | $900M | 100% | $1.53M |
- Clients
- 354
- Regulatory AUM
- $801M
- AUM share
- 89.0%
- Avg. per client
- $2.26M
- Clients
- 225
- Regulatory AUM
- $92.5M
- AUM share
- 10.3%
- Avg. per client
- $411K
- Clients
- 10
- Regulatory AUM
- $6.35M
- AUM share
- 0.7%
- Avg. per client
- $635K
Total
- Clients
- 589
- Regulatory AUM
- $900M
- AUM share
- 100%
- Avg. per client
- $1.53M
- 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
- 51–100
Wealthtrust Axiom is paid through a percentage of assets under management. 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
- Investment-Related Consulting
- Investment-related consulting outside the management fee is charged only at a fee agreed before services begin, for non-management clients or clients needing disproportionate consulting.
Hightower Holding, LLC owns 75% or more of Wealthtrust Axiom. Michael Heaberg is CEO; the leadership team includes Chief Financial Officer Daniel Berg and Chief Compliance Officer David Webster. It has 5 employees.
Leadership
Michael HeabergChief Executive Officer
Daniel BergChief Financial Officer
David WebsterChief Compliance Officer
Craig RoseManaging Director
Jared SchwartzChief Risk Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 insurance agent
- Owns 75% or more of Wealthtrust Axiom, LLC
Hightower Holding, LLC
Control person · since April 2008
- Owns 50% to 75% of Wealthtrust Axiom, LLC
Wealthtrust LLC
Control person · since September 2007
- Owns 50% to 75% of Wealthtrust LLC
Hightower Holding LLC
Control person · since May 2017
- Owns 75% or more of Hightower Holding LLC
Hightower Intermediate, LLC
Control person · since January 2020
- Owns 75% or more of Hightower Intermediate, LLC
HT Holding, LLC
Control person · since October 2020
- Owns 50% to 75% of Hightower Holding LLC
THL Equity Fund VII Investors LLC
Control person · since January 2018
- Owns 50% to 75% of Hightower Holding LLC
THL Equity Fund VII Investors (HT) , LLC
Control person · since October 2020
- Owns 25% to 50% of THL Equity Fund VII Investors (HT) , LLC
The HT Equity Fund VII Investors (HT) Blocker, LLC
Control person · since October 2020
- Owns 25% to 50% of The HT Equity Fund VII Investors (HT) Blocker, LLC
THL Parallel SPV, L.P.
Control person · since December 2020
- Owns 25% to 50% of THL Equity Fund VII Investors (HT) , LLC
THL HT SPV, L.P.
Control person · since December 2020
- Owns 10% to 25% of Wealthtrust Axiom, LLC
Michael Heaberg
Control person · since October 2007
Wealthtrust Axiom’s regulatory assets grew from $602M (March 2021) to $900M (July 2026); clients were 589 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $900M | 589 | 5 | 1 |
| March 2025 | $803M | 598 | 4 | 1 |
| March 2024 | $728M | 612 | 5 | 1 |
| March 2023 | $656M | 621 | 5 | 1 |
| March 2022 | $666M | 612 | 5 | 1 |
| March 2021 | $602M | 597 | 5 | 1 |
Besides its headquarters, Wealthtrust Axiom has 0 offices, with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 550 E Swedesford RD, Suite 110, WayneHQ
Contact and registration details
- Legal name
- Wealthtrust Axiom, LLC
- Headquarters
- 550 E Swedesford RD, Suite 110, Wayne, PA 19087
- Website
- axiomasset.com
- Phone
- 610-688-0050
- SEC file
- 801-68405
- Founded
- 2003
- Structure
- Delaware LLC
- Fiscal year end
- December
Wealthtrust Axiom does not have custody of client assets.
At year end, Wealthtrust Axiom’s separately managed accounts were mostly in stocks (60%) and cash (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $448M across 302 positions; the largest are Apple Inc. (5.0%), Kinder Morgan Inc. Del (3.4%) and Lsi Inds Inc. Ohio (3.4%).
What the accounts hold
- Stocks60%
- Bonds13%
- Investment grade corporate bonds5%
- U.S. government and agency bonds4%
- State and local bonds3%
- High-yield corporate bonds1%
- Cash27%
Reported 13F holdings
- $448M
- Reported 13F value
- 302
- Positions
- 29.1%
- In the 10 largest
- —
- Value vs. prior quarter
- Apple Inc.5.0%
- Kinder Morgan Inc. Del3.4%
- Lsi Inds Inc. Ohio3.4%
- Tetra Technologies Inc. Del2.9%
- Corning Inc.2.7%
- International Business Machs2.6%
- Microsoft Corp.2.4%
- Eli Lilly & CO2.3%
- Cisco Sys Inc.2.2%
- Fidelity Merrimack Str TR · Low Durtin ETF2.1%
Together, the ten largest are 29.1% of reported value.
How many clients does Wealthtrust Axiom have?
Wealthtrust Axiom has 589 clients and manages $900 million for them, as of July 2026. They include 354 individual clients, 225 high-net-worth individuals, and 10 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 July 2026
What services does Wealthtrust Axiom offer?
Wealthtrust Axiom provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How many financial advisors does Wealthtrust Axiom have?
Wealthtrust Axiom has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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 Wealthtrust Axiom invest in?
At the end of its last fiscal year, Wealthtrust Axiom’s separately managed accounts held 60% exchange-traded equities, 27% cash and equivalents, 5% investment grade corporate bonds, 4% U.S. government and agency bonds, 3% state and local bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wealthtrust Axiom?
Wealthtrust Axiom is owned through a trust by THL Equity Fund VII Investors LLC, THL Parallel SPV, L.P., THL HT SPV, L.P. and HT Holding, LLC. Its direct owners are Michael Heaberg (10% to 25%), Wealthtrust LLC (50% to 75%) and Hightower Holding, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 July 2026
How does Wealthtrust Axiom get paid?
Wealthtrust Axiom is paid through a percentage of assets under management. 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 Wealthtrust Axiom registered with the SEC?
Yes, Wealthtrust Axiom has been registered with the SEC as an investment adviser since 4 October 2007. Its CRD number is 145186 and its SEC file number is 801-68405.
Source: Form ADV Part 1A, Item 1, filed 22 July 2026; IAPD firm record
How do I contact Wealthtrust Axiom?
Wealthtrust Axiom’s main office is at 550 E Swedesford RD, Suite 110, Wayne, PA 19087. Its phone number is 610-688-0050. Its website is axiomasset.com.