KLD Wealth Management
KLD Wealth Management is a boutique fee-only fiduciary advisory in Lebanon, Ohio, founded in 2024 by David Wiedmeyer, CFP®, providing subscription-based financial planning, AUM-based investment management, project-based planning, and 401(k) consulting to Gen X and Millennial dual-career families in Southwest Ohio and Kentucky.
- Company typePrivate
- Founded2024
- HeadquartersLebanon, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What KLD Wealth Management does
KLD Wealth Management is a boutique fee-only fiduciary financial planning and investment management firm founded in 2024 by David Wiedmeyer, CFP®, and headquartered at 706 Deerfield Rd, Lebanon, Ohio. The firm is registered as an investment adviser in Ohio and Kentucky and serves Gen X and Millennial dual-career professional families earning $150,000 or more annually in the Dayton, Cincinnati, and Lebanon metros. Its core offerings comprise an ongoing monthly financial planning subscription ($50–$1,000/month), AUM-based investment management (0.60%–1.25% across tiers from $0 to $5M+), one-time project-based planning ($500–$15,000 flat fee or $194.90/hourly), and flat-fee 401(k) consulting for business owners and plan sponsors.
Underlying technology consists of third-party SaaS rather than proprietary systems: RightCapital powers financial planning, Altruist provides custodial and account access, and a secure client portal surfaces net worth, cash flow, investment performance, and retirement projections. Investment portfolios are constructed using funds and model portfolios from Dimensional Fund Advisors, Aptus Capital Partners, and Frontier Asset Management, with values-based (ESG/faith/legacy) customization layered on top. The firm also coordinates directly with clients' CPAs and attorneys as part of its planning engagements.
The business model combines recurring subscription revenue (planning) with recurring AUM fees (investment management), supplemented by episodic project fees and B2B 401(k) consulting fees. Client acquisition is consultative and direct-to-consumer: prospects book via Calendly, receive a one-page personalized plan, and convert (or not) after a no-pressure strategy session. The KLD Cares program donates 10% of annual profits and $100 per successful referral to charity, functioning as a brand and referral engine. With 1–10 employees (effectively founder-operated) and 26 households served, KLD Wealth is an early-stage solo practice with documented early traction rather than a scaled advisory platform.
KLD Wealth Management firmographics
Firmographics- Name
- KLD Wealth Management
- Legal name
- KLD Wealth Management, LLC
- Website
- https://kldwealth.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- KLD Wealth Management is a boutique fee-only fiduciary advisory in Lebanon, Ohio, founded in 2024 by David Wiedmeyer, CFP®, providing subscription-based financial planning, AUM-based investment management, project-based planning, and 401(k) consulting to Gen X and Millennial dual-career families in Southwest Ohio and Kentucky.
- Ownership category
- akta.pro rank
KLD Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Private Client/High-Net-Worth Advisory (FSAEAAAN)
- akta.pro secondary industry
- Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO)
Keywords
Where KLD Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Lebanon
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
KLD Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Ongoing Financial Planning Subscription: Monthly subscription model providing continuous access to expert guidance, strategic adjustments, quarterly review meetings, and ongoing support. Includes personalized values-based financial plan, cash flow optimization, retirement projections, tax planning, insurance and estate guidance, coordination with CPA and attorneys, and access to secure online financial portal.
- Investment Management (AUM-based): Annual fee charged as percentage of assets under management. Includes professionally managed tax-efficient portfolios, continuous monitoring and rebalancing, regular investment reviews, and strategies aligned with client goals and values. Fees billed monthly in arrears.
- Project-Based Financial Planning: One-time flat fee or hourly rate for focused guidance on specific financial goals such as retirement projections, stock option analysis, or business planning without ongoing engagement.
- 401(k) Consulting: Flat fee based on plan complexity for business owners and plan sponsors seeking fiduciary guidance on 401(k), profit-sharing, or defined benefit plans. Includes investment policy development, plan monitoring, benchmarking, and participant education.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Ongoing Financial Planning: $50-$1,000/month based on complexity |
| Subscription | Monthly | Investment Management AUM: $0-$250K = 1.25%, $250K-$500K = 1.00%, $500K-$1M = 0.85%, $1M-$5M = 0.70%, $5M+ = 0.60% |
| One time/ perpetual license | Pay-as-you-go | Project-Based Financial Planning: $500-$15,000 flat fee or $194.90/hourly |
| Unit Pricing | Multi-year contract | 401(k) Consulting: Flat fee based on complexity, maximum $25,000 |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
KLD Wealth Management product offering
Product offeringCore offering
KLD Wealth Management is a fee-only, fiduciary financial planning and investment management firm that delivers ongoing subscription-based financial planning, AUM-based investment management, flat-fee project-based planning, and 401(k) consulting to individuals, couples, and business owners. The firm integrates tax strategy, estate planning coordination, and values-aligned portfolio construction, with delivery through both virtual channels and in-person meetings at its Lebanon, Ohio office.
Product overview
KLD Wealth Management offers a fee-only, fiduciary financial planning and investment management service primarily serving Gen X and Millennial families in the Dayton, Cincinnati, and Lebanon, Ohio areas. The core offering consists of two main services: Financial Planning (ongoing monthly subscription ranging from $50–$1,000/month) and Investment Management (AUM-based fees from 0.60%–1.25%). Additional services include Project-Based Financial Planning for specific goals, 401K Consulting for employers, and a Client Portal for account access. The firm operates on a subscription model with continuous financial planning support, quarterly review meetings, and proactive check-ins throughout the year.
Differentiator
Problem solved
Functional benefit
Brands
- KLD Cares: Charitable giving initiative where 10% of annual profits are donated to World Central Kitchen, Equal Justice Initiative, and Dayton Children's Hospital. Also includes referral initiative donating $100 per successful client referral.
Products and services
- Ongoing Financial Planning Subscription-based, ongoing comprehensive financial planning service for Gen X and Millennial families providing goal monitoring, retirement check-ups, tax analysis, estate planning guidance, coordination with CPAs and attorneys, and quarterly review meetings. Priced at $50–$1,000 per month based on complexity.
- Investment Management Fee-only investment management with customized portfolios aligned to client goals and values, including ESG and socially responsible investing options, tax-efficient strategies such as tax-loss harvesting and asset location, and ongoing portfolio monitoring and rebalancing. Priced on a tiered AUM basis from 0.60% to 1.25% billed monthly in arrears.
- 401(k) Consulting Flat-fee 401(k) and cash balance plan consulting for business owners and plan sponsors, providing ERISA-compliant fiduciary services including 3(21) or 3(38) fiduciary roles, investment policy development, plan monitoring, fee benchmarking, and participant education. Priced as a flat fee based on plan complexity, capped at $25,000.
- Project-Based Financial Planning One-time financial planning engagements providing focused guidance on specific goals such as retirement projections, stock option analysis, or business planning without an ongoing relationship. Delivered as a flat fee ranging from $500 to $15,000 or at an hourly rate of $194.90.
- Client Portal Secure online financial portal integrating RightCapital and Altruist platforms that provides clients with real-time access to view net worth, cash flow, investment performance, and retirement projections.
Quantifiable outcome
- Clients receive quarterly review meetings covering tax planning, risk management, investment management, and debt/cash flow management
- +2 more outcomes
Companies that use KLD Wealth Management
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
KLD Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
KLD Wealth Management partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Dimensional Fund AdvisorscoreInvestment partner providing low-cost investment options for client portfolios. Dimensional offers institutional and admiral share class funds used in client portfolios.
- Aptus Capital PartnerscoreInvestment management partner providing portfolio options aligned with client goals and values.
- Frontier Asset ManagementcoreInvestment management partner providing diversified model portfolios and investment options for client portfolios.
- RightCapitalcoreFinancial planning software platform used by KLD Wealth for client account access and financial planning. Clients can securely access their financial accounts.
- AltruistcoreAccount access platform for client investment accounts. Part of KLD Wealth's secure client login options.
- Tax Professionals and CPAscorePartnership with tax experts to provide complete financial planning services. David collaborates directly with clients' CPAs each year to ensure smooth tax season and coordinate tax planning strategies.
- Legal Professionals and AttorneyscorePartner network for estate planning and legal services. KLD Wealth connects clients with trusted legal professionals for services beyond their scope.
Scale indicators3 records
Recent moves6 records
Expansion highlights2 records
KLD Wealth Management competitors and assessment
Company assessmentDirect peers
- Ellevest: Ellevest is a digital wealth management platform built around values-aligned and goal-based investing for women and diverse investors, overlapping with KLD's values-based positioning and Millennial/Gen X focus.
- Zoe Financial: Zoe Financial is a marketplace matching consumers with vetted fee-only fiduciary advisors, serving affluent households seeking comprehensive planning — directly comparable client acquisition and service approach to KLD.
- Harness Wealth: Harness Wealth is a digital-first platform connecting clients with fiduciary advisors for financial planning and investment management, targeting a similar affluent Millennial/Gen X demographic with hybrid tech-plus-human delivery.
- Carson Wealth: Carson Wealth is a fee-only RIA serving mass-affluent and HNW clients with comprehensive financial planning, investment management, and tax services — the same core service mix as KLD Wealth, though at substantially greater scale with hundreds of advisors nationally.
- XY Planning Network: XY Planning Network is a network of independent, fee-only financial planners serving Gen X and Millennial clients with subscription-based comprehensive planning — the closest structural analog to KLD's business model and target market.
- Facet Wealth: Facet Wealth is a tech-enabled, fee-only financial planning firm offering flat-fee advice and investment management to households earning $150K+, directly overlapping KLD's ideal client profile and subscription-style pricing model.
Emerging players
- Boldin (formerly NewRetirement): Boldin provides retirement planning software and DIY financial planning tools targeting the same mass-affluent pre-retiree demographic, with partial overlap on financial planning scope but no fiduciary advisory relationship.
- Wealthsimple: Wealthsimple is a digital wealth management platform serving Millennial and Gen X investors with low-cost portfolios and financial planning — a tech-first competitor for the same demographic values-alignment opportunity.
Broad incumbents
- Empower (Personal Capital): Empower Personal Capital combines free financial tools with paid advisory services for affluent households ($100K+ investable), operating as a large incumbent in the same hybrid tech-plus-advisor space as KLD Wealth.
- Vanguard Personal Advisor: Vanguard Personal Advisor offers hybrid robo-plus-human financial planning and investment management at low fees to mass-affluent investors, representing the scaled incumbent that boutique fee-only RIAs like KLD compete against.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
KLD Wealth Management social profiles
Digital presenceKLD Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
KLD Wealth Management leadership team
Management profileNumber of profiles
Profiles1 record
KLD Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KLD Wealth Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KLD Wealth Management
What does KLD Wealth Management do?
KLD Wealth Management is a fee-only, fiduciary financial planning and investment management firm that delivers ongoing subscription-based financial planning, AUM-based investment management, flat-fee project-based planning, and 401(k) consulting to individuals, couples, and business owners. The firm integrates tax strategy, estate planning coordination, and values-aligned portfolio construction, with delivery through both virtual channels and in-person meetings at its Lebanon, Ohio office.
Is KLD Wealth Management a public or private company?
KLD Wealth Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was KLD Wealth Management founded?
KLD Wealth Management was founded in 2024. It employs 1 to 10 people.
Where is KLD Wealth Management based?
KLD Wealth Management is headquartered in Lebanon, United States, in the North America region.
How does KLD Wealth Management make money?
Four revenue lines are on record. Ongoing Financial Planning Subscription is the primary driver. The others are investment Management (AUM-based), project-Based Financial Planning and 401(k) Consulting.
Who are KLD Wealth Management's main competitors?
Direct peers on record are Ellevest, Zoe Financial, Harness Wealth, Carson Wealth, XY Planning Network and Facet Wealth. Emerging players are Boldin (formerly NewRetirement) and Wealthsimple. Broad incumbents are Empower (Personal Capital) and Vanguard Personal Advisor.
Does KLD Wealth Management have an API?
No public API is recorded for KLD Wealth Management.
What industry is KLD Wealth Management in?
KLD Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAEAAAN, Private Client/High-Net-Worth Advisory, with a secondary code of FSAAABAO, Digital/Hybrid Private Wealth (Robo-Enabled HNW Service). Its NAICS code is 523940 and its SIC code is 6282.