Glenn Wessel

Credentials: CFA®, CPA, CFP®

22 South Pack Square
Suite #400
Asheville, North Carolina, 28801
Telephone: 828.232.2000
Medium_1163_191220051057031
Registry Member Since 2005

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 absolutely sincere.

1. What are your firm names?
  • Registered Investment Advisor

    Wessel Investment Counsel, LLC

  • Broker Dealer

    Shareholders Service Group (but we don\'t represent them, we represent you.)

2. How is your RIA registered?
  • State: North Carolina
3. What type of practice do you have?
  • Member of a Firm
4. What is your relationship to your RIA?
  • Owner
5. What are your years of financial services experience?
  • 23 Years
6. Do you have one or more degrees from an accredited college or university?
School
Degree
Northern Illinois University
B.S.
7. Are you a current member of one or more financial service industry associations?
  • CFA Institute
  • CFP Board of Standards, Inc.
  • NC Board of CPA Examiners
8. What are your license and registration numbers?
9. What are your current registrations and licenses?
  • RIA
  • IAR
  • Other

Details for Other: The CFA and CFP credentials exempt me from Series, 6, 7, 65, and 66.

10. Do you acknowledge you are a fiduciary when you provide financial advice and services for fees?
  • Yes
11. In what states are you licensed or registered to sell investment services and products for fees or commissions?
  • North Carolina
12. In what states are you licensed to sell insurance products for commissions?
  • None
13. In the past five years, do you have any disclosures on your investment or insurance compliance records?
  • Investment Disclosures: No
  • Insurance Disclosures: No
14. Since you became an adult, do you have any criminal disclosures (misdemeanors/felonies)?
  • No
15. My ADV Part II is:
16. Do you have any additional disclosures?
  • We represent our clients, not a brokerage firm or an insurance company. As such, we manage a large sum of money and provide planning advice, but we do not actually sell any financial products.
  • 17. What are your methods of compensation?
    • Hourly Fee
    • Fixed Fee
    • Asset-Based Fee
    18. Will you work with clients over the telephone and Internet?
    • Yes
    19. What types of reports do you provide your clients and what is the frequency?
    • Performance (Quarterly)
    • Brokerage Statement (Monthly)
    • Newsletters (Quarterly)
    20. Will you meet with prospective clients at their locations?
    • Yes
    21. Do you make investment decisions for your clients without their approval in advance?
    • Both discrectionary and non-discretionary services
    22. Scope of Business: What is your current number of clients (not accounts)?
    • 70
    23. Scope of Business: What are your current assets under management or advisement? (Compensation is fees)
    • $53,167,900
    24. Do you have a minimum fee requirement?
    • None
    25. Do you have a minimum asset requirement?
    • None
    26. Do you speak any additional languages fluently?
    • None
    27. Do you provide any limited engagement services?
    • Planning Only (Do not require assets)
    • Investment Portfolio Reviews
    28. Which categories of financial services do you provide for fees? Another professional (CPA, estate attorney) may provide one or more of these services.
    • Planning
    • Investment
    29. Do you sell investment or insurance products for commissions?
    • None
    30. What types of clients do you work with?
    • Individuals
    31. Which custodian(s) take physical possession of your clients' assets? If applicable, name the top three in order of importance
    • Shareholders Service Group, Inc. / Pershing, LLC

    Certification

    I certify all of the information in my professional profile is accurate and up-to-date.
    Advisor Name: Glenn Wessel
    Most Recent Update: Feb 24, 2014