Wescott Financial Advisory Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 787 clients last fiscal year.
Wescott Financial Advisory Group reports 787 clients. They include 581 high-net-worth individuals, 188 individual clients and 13 charitable organizations. Of its assets, 76.6% ($3.18B across 3,186 accounts) are managed with discretion; $974M across 179 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 24% | 2% |
| High-net-worth individuals | 74% | 70% |
| Pension and profit-sharing plans | <1% | 25% |
| Charitable organizations | 2% | 3% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 188 | $82.5M | 2.0% | $439K |
| High-net-worth individuals | 581 | $2.91B | 70.0% | $5.01M |
| Pension and profit-sharing plans | 4 | $1.05B | 25.3% | $263M |
| Charitable organizations | 13 | $108M | 2.6% | $8.3M |
| Corporations and other businesses | Fewer than 5 | $840K | 0.0% | $840K |
| Total | 787 | $4.16B | 100% | — |
- Clients
- 188
- Regulatory AUM
- $82.5M
- AUM share
- 2.0%
- Avg. per client
- $439K
- Clients
- 581
- Regulatory AUM
- $2.91B
- AUM share
- 70.0%
- Avg. per client
- $5.01M
- Clients
- 4
- Regulatory AUM
- $1.05B
- AUM share
- 25.3%
- Avg. per client
- $263M
- Clients
- 13
- Regulatory AUM
- $108M
- AUM share
- 2.6%
- Avg. per client
- $8.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $840K
- AUM share
- 0.0%
- Avg. per client
- $840K
Total
- Clients
- 787
- Regulatory AUM
- $4.16B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 787
Wescott Financial Advisory Group charges 0.50%–1.25% a year for its Wealth Management Program Services. The fee is billed in advance, is negotiable, has a $25,000 annual minimum and requires an account of at least $2,000,000. The brochure also prices 7 other services, listed under fee details.
Fee details and sources
Other fees
- Asset Allocation Services
- Hourly rates of $150 to $750, payable in advance.
- Entrada Management Program
- Annual fee of 1.00% of assets under management; minimum $500,000 (may be negotiable) with a $1,500 annual minimum fee; billed quarterly in advance.
- Family Office Solution Services
- Minimum annual fee of $50,000 including portfolio management and planning; AUM fees of 1.00% to $5 million, 0.75% to $7 million and 0.50% above, credited against the minimum; billed quarterly in advance.
- Financial Planning & Consulting Services
- Hourly fees of $150 to $750, depending on scope and complexity; payable in advance.
- MRK PBW Initial Wealth Management Plan
- Fixed planning fee of $12,000 to $15,000 (Merck Executive Director and above or investable assets above $3 million), or $7,500 to $12,000 below; 50% at onset, 50% on presentation.
- Retirement Plan & Pension Consulting Services
- Annual fee on plan assets: 1.00% to $3 million, 0.75% to $8 million, 0.50% to $25 million, 0.25% thereafter; minimum $2,000,000; billed quarterly in advance.
- Trust Services
- Annual trustee fee on AUM: 0.55% up to $2 million, 0.50% to $5 million, 0.35% above; minimum $800,000 of trust assets; billing per the Trust Services Agreement.
Grant Rawdin owns 50% to 75% of Wescott Financial Advisory Group. The leadership team of Wescott Financial Advisory Group includes President Carrie Delgott and Chief Investment Officer Mark McCarron. It has 48 employees, 27 of them in advisory roles.
Leadership
- Carrie DelgottChief Operations Officer and Chief Compliance Officer, Managing Board Member, President
- Grant RawdinChairman, President, CEO, Member, and Managing Board Member
- Mark McCarronChief Investment Officer, Managing Board Member
- Charles O'DonnellManaging Board Member
- Matthew TaylorManaging Board Member
Investment adviser representatives
23 representatives listed in the SEC register as of 9 October 2026.
- Robert A Bap-Wasko
- James Patrick Ciamacco JR
- Christopher Anthony Cortese
- Wendy M Ellis
- Daniel James Esquirell
- Timothy F Ferko
- Joseph Frazer
- Sandra Elaine Goodstein
- Susan Mary Green
- Peter T Henson
- Rebecca Iacopelli
- Stephanie Michelle James
- Benjamin G. Janssen
- Charles Howard Johnston
- David Brian Lafferty
- Bethany Jill Landis
- Scott Howard Levin
- Karen Beth McIntyre
- Scott Anthony Michalek
- Alexander Jonathan Rawdin
- Grant Rawdin
- Sean Mark Roberts
- Richard John Volpe
Staff
- 48 employees
- 27 in advisory functions
- 23 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Wescott Financial Advisory Group LLC
Grant Rawdin
Control person · since February 1987
- Owns 10% to 25% of Wescott Financial Advisory Group LLC
Wescott Holding Company LLC
Control person · since December 2003
- Owns 25% to 50% of Wescott Holding Company LLC
Duane Morris LLP
Control person · since January 2022
- Owns 10% to 25% of Wescott Financial Advisory Group LLC
Wescott Holding Company
Control person · since December 2003
- Owns 10% to 25% of Wescott Financial Advisory Group LLC
Anterian Holdings LTD
Control person · since December 2021
Wescott Financial Advisory Group’s regulatory assets grew 1.7× from $2.44B (March 2021) to $4.16B (April 2026); clients rose from 516 to 787 and employees from 32 to 48. In 2021, Asset Planning Services ($816M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $4.16B | 787 | 48 | 6 |
| March 2025 | $3.73B | 777 | 50 | 7 |
| April 2024 | $3.48B | 785 | 54 | 4 |
| June 2023 | $3.39B | 774 | 51 | 4 |
| February 2022 | $3.45B | 757 | 51 | 4 |
| March 2021 | $2.44B | 516 | 32 | 3 |
Firms that joined
20211 joined
- Asset Planning ServicesLast filed AUM $816M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Wescott Financial Advisory Group has 5 offices (3 private residences, listed without an address), with 3 listed addresses in Florida and Pennsylvania.
Pennsylvania · 2 listed addresses
- 30 South 17th Street, PhiladelphiaHQ
- 162 Main Street, Harleysville
Florida · 1 listed address
- 201 S. Biscayne BLVD, Miami
Contact and registration details
- Legal name
- Wescott Financial Advisory Group LLC
- Headquarters
- 30 South 17th Street, Philadelphia, PA 19103-4196
- Website
- wescott.com
- Phone
- 215-979-1619
- SEC file
- 801-29752
- Structure
- Delaware LLC
- Fiscal year end
- December
Wescott Financial Advisory Group uses Charles Schwab ($2.43B, 61%) and Fidelity ($1.58B, 39%) as custodians for its separately managed accounts. Wescott Financial Advisory Group has custody of $1.2B in client assets for 442 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.43B61%
- FidelityFidelity Distributors Company LLC · Boston, MA · $1.58B39%
At year end, Wescott Financial Advisory Group’s separately managed accounts were mostly in funds (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.29B across 200 positions; the largest are Vanguard Index Fds (15.2%), Invesco Qqq TR (8.6%) and Vanguard Wellington FD (5.8%).
What the accounts hold
- Stocks9%
- Funds86%
- Bonds1%
- Cash4%
Reported 13F holdings
- $1.29B
- Reported 13F value
- 200
- Positions
- 55.0%
- In the 10 largest
- +13.2%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs15.2%
- Invesco Qqq TR · Unit Ser 18.6%
- Vanguard Wellington FD · Short Trm Tax EX5.8%
- iShares TR · Core S&P500 ETF4.5%
- iShares TR · Core MSCI Eafe4.0%
- iShares TR · Rus MD CP GR ETF3.8%
- iShares Inc. · Core MSCI Emkt3.8%
- Dimensional ETF Trust · Intl Small Cap E3.3%
- Dimensional ETF Trust · US Mktwide Value3.2%
- iShares TR · Rus 1000 ETF2.7%
Together, the ten largest are 55.0% of reported value.
How many clients does Wescott Financial Advisory Group have?
Wescott Financial Advisory Group has 787 clients and manages $4.16 billion for them, as of April 2026. They include 581 high-net-worth individuals, 188 individual clients and 13 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 April 2026
What services does Wescott Financial Advisory Group offer?
Wescott Financial Advisory Group provides financial planning, 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
How much does Wescott Financial Advisory Group charge?
Wescott Financial Advisory Group charges 0.50%–1.25% a year for its Wealth Management Program Services. The fee is billed in advance, is negotiable, has a $25,000 annual minimum and requires an account of at least $2,000,000.
Which custodians does Wescott Financial Advisory Group use?
Wescott Financial Advisory Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $2.43B and Fidelity Distributors Company LLC (Boston, MA), with $1.58B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 April 2026
How many financial advisors does Wescott Financial Advisory Group have?
Wescott Financial Advisory Group has 23 investment adviser representatives registered with state securities authorities, out of 48 employees, and 27 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 Wescott Financial Advisory Group invest in?
At the end of its last fiscal year, Wescott Financial Advisory Group’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 4% cash and equivalents and 1% 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
Does Wescott Financial Advisory Group have a minimum investment?
Yes, Wescott Financial Advisory Group’s minimum account size for its Wealth Management Program Services is $2M. It charges a $25K annual minimum fee.
Who owns Wescott Financial Advisory Group?
Wescott Financial Advisory Group is owned through a holding company by Duane Morris LLP. Its direct owners are Grant Rawdin (50% to 75%), Wescott Holding Company LLC (10% to 25%), Wescott Holding Company (10% to 25%) and Anterian Holdings LTD (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 21 April 2026
How does Wescott Financial Advisory Group get paid?
Wescott Financial Advisory Group 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
Is Wescott Financial Advisory Group registered with the SEC?
Yes, Wescott Financial Advisory Group has been registered with the SEC as an investment adviser since 11 June 1987. Its CRD number is 105989 and its SEC file number is 801-29752.
Source: Form ADV Part 1A, Item 1, filed 21 April 2026; IAPD firm record
How do I contact Wescott Financial Advisory Group?
Wescott Financial Advisory Group’s main office is at 30 South 17th Street, Philadelphia, PA 19103-4196. Its phone number is 215-979-1619. Its website is wescott.com.