Madison, WI Office

Wedmont Private Capital provides ongoing financial planning paired with discretionary investment management to individuals (including high-net-worth clients), charitable organizations, corporations and employee benefit plans. The firm delivers one-on-one planning relationships that include implementation and continuous portfolio oversight, and it typically works with clients who meet its investable-asset guideline.

The firm’s investment approach is primarily passive and grounded in modern portfolio theory, building diversified, asset-class-weighted portfolios using low-cost index funds and periodic rebalancing. Wedmont also uses outside managers for tailored mandates and, on a limited basis for qualified or accredited clients, offers a long/short direct indexing strategy implemented through external managers (disclosed managers include Quantinno and AQR), a strategy that introduces short-selling and leverage considerations where used.

Compared with many multi-team peers, Wedmont generally does not rely on percentage-of-assets-under-management billing and instead uses fixed-fee planning arrangements and separate agreements when engaging outside managers. Operationally, the firm does not take custody of client assets except to withdraw advisory fees, typically routes custody through Charles Schwab Institutional, and does not vote client proxies, leaving those responsibilities with clients and their custodians.