PALADIN RESEARCH REPORT FOR:

Glenn Wessel
CFA®CPACFP®

Firm: Wessel Investment Counsel, L.L.C.

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Business Philosophy
The straight scoop:… If you’'re like me, you don'’t like partial truths, misleading statements, puffery, or anything else that smacks of bias. In that vein, I have taken great pains to create a fully independent investment advisory and financial planning practice that is honest and transparent to its core. If you'’ll spend a few minutes on our website (button above), I am certain you will find our approach to be straightforward and sincere.
Tips
Click on (?) to read Tips that describe financial advisor credentials, ethics, business practices, and services.
PALADIN QUALITY RATING
23
YEARS OF EXPERIENCE
2005
ADMITTED TO REGISTRY
None
MINIMUM ASSET REQUIREMENT

I. Snapshot

A. Key Contact Name
  • Glenn Wessel
B. Credentials
  • Years of Experience: 23
  • Degrees or Years of College: Northern Illinois University B.S.
  • Certifications: CFA®, CPA, CFP®
C. Compliance Record
  • No Disclosures
D. Minimum Asset Requirement
  • None
E. Types of Client Relationships
  • Traditional
  • Virtual

II. Contact Information

A. Key Contact
  • Glenn Wessel
B. Main Location
  • 22 South Pack Square
    Suite #400
    Asheville, North Carolina, 28801
C. Comments
  • (We're in the historic Jackson Building.)

III. Internet

B. View Articles

IV. Firm(s)

A. Name of Firm
  • Wessel Investment Counsel, L.L.C.
B. Name of RIA
  • Wessel Investment Counsel, L.L.C.
C. Name of Broker/Dealer
  • Shareholders Service Group, Inc.
D. Relationship to Firm
  • Owner
E. Comments
  • The portfolios we manage are held at Shareholders Service Group, Inc., but we do not represent that firm in any way. As a fiduciary firm, we represent only our clients' interests.

V. Credentials

A. Paladin Quality Rating
  • 5 Stars
  • View Paladin Quality Ratings
B. Years of Financial Experience
  • 23 Years
C. Education, Degrees, Years
  • Northern Illinois University - B.S.
D. Current Certifications
E. Financial Industry Associations (Active Memberships)
  • CFA Institute
  • CFP Board of Standards, Inc.
  • NC Board of CPA Examiners
F. Firm Credentials
  • Number of professionals 3
  • Combined years of experience 27
  • Combined degrees 3
  • Combined certifications 3

VI. Registration, Licensing,
Compliance

A. RIA/IAR Registration
  • RIA and IAR
B. Type of RIA Registration
  • State - North Carolina
C. Industry Licenses
  • None
D. Registration & License Numbers
  • CRD: 1430479
  • IARD: None
  • Insurance: None
E. State Licences
  • Financial Advice, Services for Fees: North Carolina
  • Investment Products for Commission: Not Applicable
F. Compliance Record (Investment)
  • No Disclosures
G. Compliance Record (Insurance)
  • No Disclosures
H. Criminal Disclosure(s)
  • None
I. Additional Disclosure(s)
  • We represent our clients, not a brokerage firm or an insurance company. As such, we manage financial assets and provide planning advice, but do not... View More
    We represent our clients, not a brokerage firm or an insurance company. As such, we manage financial assets and provide planning advice, but do not actually sell any financial products and do not accept commissions.
J. View our ADV(s)
K. Links

VII. Business Data & Practices

A. Business Philosophy
  • Read Business Philosophy

    The straight scoop:… If you’'re like me, you don'’t like partial truths, misleading statements, puffery, or anything else that smacks of bias. In that vein, I have taken great pains to create a fully independent investment advisory and financial planning practice that is honest and transparent to its core. If you'’ll spend a few minutes on our website (button above), I am certain you will find our approach to be straightforward and sincere.

B. Minimum Asset Requirement
  • None
C. Number of Current Clients
  • 76
D. Assets Under Management or Advisement
  • $58,475,885
E. Methods of Compensation
  • Hourly Fee
  • Fixed Fee
  • Asset-Based Fee
F. Methods of Communication
  • Face-to-Face Meetings
  • Telephone
  • Email
G. Types of Reports (Frequency)
  • Performance (Quarterly)
  • Brokerage Statement (Monthly)
  • Newsletters (Quarterly)
H. Second Language(s)
  • None
I. Value Statement
  • View Value Statement
    Beware of watered-down advisor credentials. The credentials I have took me almost 13 years to acquire. Paladin rates credentials, too, and gives each of my credentials its best rating of 5 stars: CFA - "The most highly regarded credential that is currently available to financial advisors." CFP - "The most highly regarded financial planner designation." CPA - "The most recognized credential in the U.S." I've done my homework.

VIII. Clients & Services

A. Types of Clients
  • Individuals & Couples (Working Years)
  • Individuals & Couples (Retirement Years)
B. Types of Financial Services
  • Planning Advice & Services
  • Investment Advice & Services (Fees)
C. Discretionary Asset Management
  • Discretionary and Non-Discretionary
D. Limited Engagement Services
  • Planning Only
  • Financial Plan Reviews
  • Investment Portfolio Reviews
E. Custodian(s)
  • Shareholders Service Group, Inc. / Pershing, LLC
F. Comments
  • Although we utilize the services of a custodian to carry our clients' accounts, we are completely independent of our custodian (which is very different from being an independently-run office of that custodian). This arrangement allows us to pursue our clients' interests without interference from an outside party.

IX. Certification

Advisor Name
  • Glenn Wessel
Most Recent Update:
  • Mar 2, 2016

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