Wharton Business Group was founded in 2009 and is owned by Alera Group, an insurance and wealth management firm. Wharton builds client portfolios from a mix of individual stocks and bonds, mutual funds, and ETFs, and also provides retirement plan consulting to employer-sponsored plans. Certain of the firm's representatives are licensed insurance agents and may earn commissions on insurance products they sell to clients, a disclosed conflict of interest. The firm's principals also serve as general partners of several private ventures, including whiskey investment partnerships, which clients may invest in only on a non-discretionary basis.
Overview
- Headquarters
- Malvern, PA
- Total Firm Assets
- $4.6 billion
- Average High-Net-Worth Client Portfolio Size
- $47.7 million
Recent Rankings
Fee Disclosure
Source: ADV 2A (2025-03-19)
· View brochure text
Latest filing: WHARTON BUSINESS GROUP LLC DV PART 2A (2026-03-24)
· View brochure text
| Min | Max | Disclosed Annual Rate |
|---|---|---|
| $0 | $2,000,000 | 0.50% |
| $2,000,001 | $10,000,000 | 0.50% |
| $10,000,001 | $20,000,000 | 0.38% |
| $20,000,001 | and above | Negotiable |
Estimated Annual Advisory Fees
| Portfolio Value | Estimated Annual Fee | Effective Fee Rate |
|---|---|---|
| $1 million | $5,000 | 0.50% |
| $5 million | $25,000 | 0.50% |
| $10 million | $50,000 | 0.50% |
| $50 million | Negotiable | Negotiable |
| $100 million | Negotiable | Negotiable |
Actual fees may vary; other investment costs may apply.
Compare fees: lowest-fee advisors in Pennsylvania for $2M portfolios · $10M portfolios
Clients
- High-Net-Worth Share of Firm Assets
- 81.44%
- Number of High-Net-Worth Clients
- 78
- Total Client Accounts
- 337
- Discretionary Accounts
- 308
- Non-Discretionary Accounts
- 29
Services Offered
Services: Financial Planning, Portfolio Management for Individuals, Pension Consulting
Regulatory Filings
- SEC CRD Number
- 133722
- WHARTON BUSINESS GROUP LLC DV PART 2A (2026-03-24) · View brochure text
- ADV 2A (2025-03-19) (fee schedule source) · View brochure text
View firm on SEC ↗ · Current Form ADV (PDF) ↗