# Wealthcare Capital Management LLC

> Wealthcare Capital Management LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 111119
- Filed as: WEALTHCARE CAPITAL MANAGEMENT LLC
- Also doing business as: AUDREY SANDERS WEALTH ADVISORY OF HARLEM, BEACON WEALTH ADVISORS, MK-WEALTH, VAN ZANDT FINANCIAL, WEALTHCARE FOR WOMEN, WEALTHCARE PRIVATE CLIENT, LLC, YOUNG FINANCIAL GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111119
- AdvisorCensus page: https://advisorcensus.com/firm/wealthcare-capital-management-llc-richmond-va-111119

## Quick answers

**How is Wealthcare Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Wealthcare Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Wealthcare Capital Management LLC charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: up to 1.85% of assets a year (the maximum the brochure states); Hourly rate: $150 to $400 an hour (Project-based financial planning fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Wealthcare Capital Management LLC located?**
Wealthcare Capital Management LLC's principal office is in Richmond, VA, according to its Form ADV; the June 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is Wealthcare Capital Management LLC registered with the SEC or a state?**
Wealthcare Capital Management LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 111119.

**How much does Wealthcare Capital Management LLC manage?**
Wealthcare Capital Management LLC reports $3,928,651,410 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (99% discretionary).

**How have Wealthcare Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Wealthcare Capital Management LLC: Regulatory assets under management: $2,314,462,705 in the October 2021 data and $3,928,651,410 in the October 2026 data, up 70%. Total employees: 55 in October 2021 and 54 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wealthcare Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,326); high net worth individuals (1,312); pension and profit sharing plans (but not the plan participants or government pension plans) (28).

**Which custodians does Wealthcare Capital Management LLC use?**
Wealthcare Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets.

**Does Wealthcare Capital Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111119

**What changed in Wealthcare Capital Management LLC's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Asset-based fee: up to 1.85% of assets a year (the maximum the brochure states)

> Management fees are at an annual rate of up to 1.85% based on several factors including the types of investments, size of the Client relationship, reporting requirements, portfolio restrictions and other factors.

- Minimum annual fee: $500

> Although WCM generally does not impose a minimum relationship size, the Advisor does impose a minimum fee of $500 which can be waived at the sole discretion of the Advisor.

- Hourly rate: $150 to $400 an hour (Project-based financial planning fees)

> Hourly fees are at a rate ranging from $150 to $400 per hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- LPL Financial LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $3,928,651,410
- Discretionary: $3,891,788,368
- Non-discretionary: $36,863,042

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4,326 | $1,193,460,484 |
| High net worth individuals | 1,312 | $2,538,437,537 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 28 | $147,528,475 |
| Charitable organizations | 14 | $19,067,424 |
| Corporations or other businesses not listed above | 11 | $30,157,490 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2001 (25 years)
- Employees: 54 total, 35 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MD, ME, MI, MO, MT, NC, NH, NJ, NV, NY, OH, OR, PA, SC, TN, TX, UT, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Canfield, OH
- Dallas, TX
- Farmers Branch, TX
- Fort Mill, SC
- Grand Rapids, MI
- Hoffman Estates, IL
- Rathdrum, ID
- West Chester, PA

### Websites listed on Form ADV (Item 1.I)
- feeonlynetwork.com/financial-advisor/jim-mirenda
- gdx360.com
- lifeandinvesting.com
- scottdavisonwealthcare.com
- vanzandtfinancial.com
- wealthcare4life.com
- wealthcarecapital.com/ADVISORS/STEVEBERGERON
- wealthcarechicago.com
- wealthcareforwomen.com
- wealthcaregdx.com
- wealthcarevt.com
- Facebook @Van-Zandt-Financial-2012139089066621
- Facebook @WEALTHCAREWAY
- Facebook @russthorntonCDFA
- Facebook @wealthcareforlife
- LinkedIn @WEALTHCARE-CAPITAL-MANAGEMENT
- X @WEALTHCAREWAY

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,314,462,705 | 55 | September 8, 2021 |
| October 2022 | $2,916,976,803 | 61 | September 12, 2022 |
| October 2023 | $2,603,042,487 | 59 | April 10, 2023 |
| October 2024 | $2,579,940,831 | 53 | June 24, 2024 |
| October 2025 | $3,030,880,135 | 53 | July 22, 2025 |
| October 2026 | $3,928,651,410 | 54 | May 21, 2026 |

Regulatory assets under management: $2,314,462,705 in the October 2021 data and $3,928,651,410 in the October 2026 data, up 70%.
Total employees: 55 in October 2021 and 54 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Added the business name MK-Wealth.
- Employees performing advisory functions went from 36 to 35.
- Regulatory assets under management went from $3,030,880,135 to $3,928,651,410 (+30%).
- Added an office in Dallas, TX.
- Added an office in Farmers Branch, TX.
- Added an office in Hoffman Estates, IL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wealthcare Capital Management LLC (CRD 111119): Form ADV filing data as of October 2026.