WealthPort

What WealthPort does

WealthPort, LLC is a privately held, independent financial advisory firm headquartered in Herndon, Virginia, with additional offices in North Haven, Connecticut and Sarasota, Florida. The firm, founded in 1992 (formerly QPA Financial, LLC) and operating as an SEC-registered investment adviser affiliated with broker/dealer Commonwealth Financial Network, serves three core client segments: individual investors, qualified retirement plan sponsors, and closely held business owners. Its offerings span wealth accumulation, retirement income planning, estate and tax planning, fiduciary retirement-plan consulting, and business succession planning, delivered through personalized advisor-led engagements.

The firm employs 1–10 people and carries no proprietary technology platform; instead, it operates atop Commonwealth's $344 billion-asset broker/dealer and RIA infrastructure, with custody and clearing provided through Fidelity/National Financial Services. Client-facing tooling is assembled from third-party vendors (Investor360, eMoney, MoneyGuidePro, RightCapital, WealthScape, AssetMark, Employee Navigator, and others) covering account access, financial planning, portfolio management, and benefits administration. Lead generation relies on a content-and-website funnel (resource center, calculators, quarterly market updates) that funnels prospects into free initial consultations.

WealthPort's revenue is fee-based, generated through financial advisory, investment management, and retirement-plan consulting services, with specific pricing not publicly disclosed and likely structured as AUM-based, flat, or hourly fees. The producer bench is led by Managing Principals Dennis Lynch (35+ years) and Deborah Baldyga (30+ years), with CFP-credentialed advisors Tim Schoeffler and Adam Giammarinaro each managing $265 million+ in assets under advisement. Ownership remains private with no external PE/VC involvement, and growth to date has been organic and producer-driven.

Name

WealthPort

Legal name

WealthPort, LLC

Website

https://wealthportllc.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

WealthPort, LLC is a privately held, independent financial advisory firm affiliated with Commonwealth Financial Network, serving individual investors, qualified plan sponsors, and business owners in Virginia, Connecticut, Florida, and California through fee-based wealth management, retirement-plan consulting, and succession planning.

Ownership category

akta.pro rank

Product category

Financial Advisory & Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Financial Planning–Led RIAs (FSAAACAB), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Financial advisory services
• Retirement income planning
• Wealth management
• Retirement plan consulting
• Business succession planning

Headquarters

HQ city

Herndon

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Financial Advisory Services: WealthPort generates revenue through financial advisory and planning services. As an independent advisory firm affiliated with Commonwealth Financial Network, the firm provides investment advice and manages client portfolios. Securities and advisory services are offered through Commonwealth Financial Network, Member FINRA/SIPC. The revenue model is fee-based, typically charging for financial planning, investment management, and retirement plan consulting services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

WealthPort, LLC is an independent financial advisory firm that provides personalized financial planning, investment management, and retirement income strategies. The firm delivers services across three tailored lines: Individual Investor Services (wealth accumulation, retirement planning, estate planning, risk management, business planning, and tax planning), Qualified Plan Sponsor Services (fiduciary consulting, investment policy statements, and participant education), and Business Owner Services (succession planning, investment strategies, and retirement plan structuring). WealthPort operates through its affiliation with Commonwealth Financial Network, a Registered Investment Adviser-broker/dealer that supplies the underlying investment platform, research, custody, and compliance infrastructure.

Product overview

WealthPort is a financial advisory firm offering a unified suite of wealth management services through three core offerings: Individual Investor Services (wealth accumulation, retirement planning, estate planning, risk management, business planning, and tax planning), Qualified Plan Sponsors Services (retirement plan consulting, fiduciary guidance, investment support, and employee education), and Business Owner Services (succession planning, investment strategies, and estate planning). The firm operates through its partnership with Commonwealth Financial Network, providing access to a comprehensive investment platform including stocks, bonds, mutual funds, ETFs, alternative investments, and managed accounts. Clients access accounts through multiple integrated portal platforms including Investor360°, eMoney, MoneyGuidePro, and RightCapital, supported by financial planning tools and educational resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Investor Services Comprehensive financial planning and investment management services for individual investors covering wealth accumulation, college funding, retirement income strategies, estate planning, risk management, business planning, and taxation. Services are tailored to changing lifestyles and goals.
• Qualified Plan Sponsor Services Personalized retirement plan consulting for plan sponsors, including fiduciary guidance, investment policy statement development, plan design, investment selection support, and customized participant education programs to enhance employee financial wellness.
• Business Owner Services Financial planning services for closely held business owners including business succession and exit planning, tax-efficient cash extraction strategies, employee retention via retirement plans, estate planning for business assets, risk management, and retirement income planning.
• Market Update Commentary Quarterly market commentary providing economic trend analysis, investment strategy insights, and market performance updates authored by Commonwealth Financial Network's chief market strategist.
• Financial Guidance Resources Educational articles and videos across retirement, investment, estate, insurance, tax, money management, and lifestyle topics designed to support client financial literacy.
• Financial Calculators Suite of interactive financial calculators covering auto, investment, loan, mortgage, savings, retirement distribution, retirement savings, tax, and personal finance scenarios.

Quantifiable outcome

• $265 million+ in assets under advisement per advisor

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• Commonwealth Financial NetworkcoreStrategic or Co-development PartnerCommonwealth is a Registered Investment Adviser-broker/dealer that provides back-office infrastructure, technology platform, market research, investment management resources, and compliance supervision. WealthPort offers securities and advisory services through Commonwealth, which oversees $344 billion in total account assets as of December 31, 2024. Commonwealth provides robust independent market research, financial planning expertise, and a wide universe of investment options.
• Fidelity Investments / National Financial Services LLCsupportingTechnology or IntegrationFidelity Investments provides clearing, custody, and other brokerage services to Commonwealth Financial Network through National Financial Services LLC (NFS). NFS handles trade processing, statements, reports, and various transactions. Both NFS and Commonwealth are members of SIPC with additional excess of SIPC coverage through Fidelity.
• Investor360supportingTechnology or IntegrationClient portal platform provided through Commonwealth Financial Network for accessing detailed account information and monthly consolidated statements online.
• eMoneysupportingTechnology or IntegrationFinancial planning software platform used for comprehensive financial planning and plan presentations.
• MoneyGuideProsupportingTechnology or IntegrationFinancial planning software platform for goal-based planning and retirement projections.
• RightCapitalsupportingTechnology or IntegrationFinancial planning platform for retirement income planning and Social Security analysis.
• WealthScapesupportingTechnology or IntegrationPortfolio management and reporting platform accessible through client portal.
• AssetMarksupportingTechnology or IntegrationWealth management platform for client account management.
• Employee NavigatorsupportingTechnology or IntegrationBenefits administration platform for managing employee benefits including retirement plans.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mercer Advisors: National RIA with a hybrid BD/affiliation structure providing wealth management, retirement plan services, and tax/estate planning to individuals, families, and business owners—a near-identical service stack to WealthPort.
• Edelman Financial Services: Independent RIA offering comprehensive financial planning, retirement-income strategies, and estate planning to individuals and business owners, with a similar advisor-driven distribution model.
• Savant Wealth Management: Mid-size independent RIA providing wealth management, financial planning, and retirement plan advisory to individuals, families, and business owners—directly comparable in offering mix and target segments.
• Carson Group: Hybrid RIA/BD model partnering with independent advisors to deliver financial planning, retirement plan services, and business-owner advisory—mirroring WealthPort's affiliation-based delivery model with Commonwealth.
• Focus Financial Partners: Partnership-focused RIA platform that acquires and supports independent wealth management firms serving HNW individuals, plan sponsors, and business owners—closely aligned with WealthPort's growth trajectory and target customer mix.
• Creative Planning: Large independent RIA offering comprehensive wealth management, retirement plan consulting, and business-owner services through a national advisor network. Highly comparable in service breadth and client-segment mix to WealthPort, but at vastly greater scale.
• Mariner Wealth Advisors: Independent, fee-only RIA providing comprehensive wealth advisory, retirement plan consulting, and business-owner services to individuals and institutions. Directly comparable offering set with similar segmentation strategy.

Broad incumbents

• LPL Financial: Largest independent BD/IRA custodian in the U.S., supporting thousands of independent advisors with platform, custody, and compliance services—a structural parallel to WealthPort's Commonwealth affiliation.
• Commonwealth Financial Network: The RIA/BD that WealthPort is affiliated with; oversees $344B in total account assets and provides back-office, compliance, technology, and research infrastructure to WealthPort. Comparable as the parent platform rather than as a competitor.
• Cetera Financial Group: Hybrid BD/RIA network serving independent financial advisors with wealth management, retirement plan, and business-owner solutions; comparable affiliation-based distribution model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WealthPort