WPG Advisers provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 1 private fund.
WPG Advisers reports 399 clients. They include 300 individual clients, 80 high-net-worth individuals, and 19 pension and profit-sharing plans. Of its assets, 79.0% ($285M across 1,236 accounts) are managed with discretion; $75.9M across 41 accounts are not. A wrap fee program the firm both sponsors and manages holds $83.6M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 23% |
| High-net-worth individuals | 20% | 55% |
| Pension and profit-sharing plans | 5% | 21% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 300 | $81.4M | 22.6% | $271K |
| High-net-worth individuals | 80 | $198M | 54.8% | $2.47M |
| Pension and profit-sharing plans | 19 | $76.8M | 21.3% | $4.04M |
| Charitable organizations | Fewer than 5 | $2.32M | 0.6% | — |
| Corporations and other businesses | Fewer than 5 | $2.49M | 0.7% | — |
| Total | 399 | $361M | 100% | — |
- Clients
- 300
- Regulatory AUM
- $81.4M
- AUM share
- 22.6%
- Avg. per client
- $271K
- Clients
- 80
- Regulatory AUM
- $198M
- AUM share
- 54.8%
- Avg. per client
- $2.47M
- Clients
- 19
- Regulatory AUM
- $76.8M
- AUM share
- 21.3%
- Avg. per client
- $4.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.32M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.49M
- AUM share
- 0.7%
- Avg. per client
- —
Total
- Clients
- 399
- Regulatory AUM
- $361M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 1–10
WPG Advisers charges 0.30%–1.00% a year for its Investment Advisory Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-alone financial planning and consulting
- Stand-alone planning and consulting fees are negotiable, generally up to $25,000 on a fixed fee basis, or $250 to $500 an hour.
Steven Gessner owns 50% to 75% of WPG Advisers. The leadership team of WPG Advisers includes Chief Compliance Officer Nicole Reese. It has 6 employees, 4 of them in advisory roles.
Leadership
- Nicole ReeseChief Compliance Officer
- Steven GessnerMember
- Todd ParadiseManaging Member
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Patrick Bollinger
- Steven Joseph Gessner
- Todd Foster Paradise
- Nicholas Paul Rumke
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 insurance agents
- Owns 50% to 75% of WPG Advisers, LLC
Steven Gessner
Control person · since September 2018
- Owns 50% to 75% of WPG Advisers, LLC
Todd Paradise
Control person · since September 2018
WPG Advisers’ regulatory assets grew 1.8× from $196M (March 2021) to $361M (March 2026); clients rose from 274 to 399 and employees fell from 9 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $361M | 399 | 6 | 1 |
| March 2025 | $356M | 386 | 8 | 1 |
| March 2024 | $301M | 390 | 6 | 1 |
| April 2023 | $255M | 386 | 8 | 1 |
| April 2022 | $270M | 344 | 8 | 1 |
| March 2021 | $196M | 274 | 9 | 1 |
Besides its headquarters, WPG Advisers has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 3600 O'Donnell Street, Suite 860, BaltimoreHQ
Contact and registration details
- Legal name
- WPG Advisers, LLC
- Headquarters
- 3600 O'Donnell Street, Suite 860, Baltimore, MD 21224
- Website
- wpgfinancial.com
- Phone
- 410-522-2030
- SEC file
- 801-114047
- Structure
- Maryland LLC
- Fiscal year end
- December
WPG Advisers uses Charles Schwab ($187M, 69%) and SEI Investments Distribution ($83.6M, 31%) as custodians for its separately managed accounts. WPG Advisers has custody of $1.98K in client assets for 1 client.
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $83.6M31%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $187M69%
At year end, WPG Advisers’ separately managed accounts were mostly in funds (64%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $170M across 1,549 positions; the largest are Invesco Qqq TR (8.3%), iShares TR (6.3%) and First TR Exchange Traded FD (6.0%).
What the accounts hold
- Stocks24%
- Funds64%
- Bonds4%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash3%
- Other5%
- Structured notes and pe/pd investments5%
Reported 13F holdings
- $170M
- Reported 13F value
- 1,549
- Positions
- 41.4%
- In the 10 largest
- +25.4%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 18.3%
- iShares TR · Core S&P500 ETF6.3%
- First TR Exchange Traded FD · Rba Indl ETF6.0%
- First TR Exchange-traded FD · Nasdq Cln Edge3.8%
- The Alger ETF Trust · Concentrated EQT3.7%
- iShares TR · MSCI Intl Qualty3.6%
- Vanguard World FD · Mega Cap Val ETF2.9%
- Pgim ETF TR · Pgim Ultra SH BD2.3%
- Schwab Strategic TR · US Dividend EQ2.3%
- Nvidia Corporation2.1%
Together, the ten largest are 41.4% of reported value.
How many clients does WPG Advisers have?
WPG Advisers has 399 clients and manages $361 million for them, as of March 2026. They include 300 individual clients, 80 high-net-worth individuals, and 19 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 March 2026
What services does WPG Advisers offer?
WPG Advisers provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does WPG Advisers charge?
WPG Advisers charges 0.30%–1.00% a year for its Investment Advisory Services. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A, filed 27 March 2026
Which custodians does WPG Advisers use?
WPG Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $187M and SEI Investments Distribution Co. (Oaks, PA), with $83.6M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 March 2026
How many financial advisors does WPG Advisers have?
WPG Advisers has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are 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 WPG Advisers invest in?
At the end of its last fiscal year, WPG Advisers’ separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 5% other, 3% cash and equivalents, 2% investment grade corporate bonds, 1% U.S. government and agency bonds and 1% state and local bonds. The 5% other category is described as: Structured Notes and Pe/PD Investments. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns WPG Advisers?
WPG Advisers’ direct owners are Steven Gessner (50% to 75%) and Todd Paradise (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 March 2026
How does WPG Advisers get paid?
WPG Advisers 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 WPG Advisers registered with the SEC?
Yes, WPG Advisers has been registered with the SEC as an investment adviser since 27 September 2018. Its CRD number is 291708 and its SEC file number is 801-114047.
Source: Form ADV Part 1A, Item 1, filed 28 March 2026; IAPD firm record
How do I contact WPG Advisers?
WPG Advisers’ main office is at 3600 O'Donnell Street, Suite 860, Baltimore, MD 21224. Its phone number is 410-522-2030. Its website is wpgfinancial.com.