Wharton Business Group, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$3,728,419,325
Clients
100
Advisors
3
of 5 employees
About
Wharton Business Group provides discretionary and non‑discretionary investment management, financial planning, and retirement plan consulting to individuals, high‑net‑worth clients, pension and profit‑sharing plans, trusts, estates, and charitable organizations. Its retirement plan services include ERISA‑focused consulting such as investment policy development, plan fee reviews, participant education, and acting as a liaison with trustees, custodians and other third‑party providers.
The firm generally allocates client assets across individual equities, fixed income, mutual funds and ETFs and applies charting, fundamental and technical analysis with both long‑ and short‑term purchase strategies. Wharton Business Group also reports using artificial intelligence tools for meeting note‑taking and data aggregation to support operations, noting safeguards such as discarded audio, restrictions on model training with client data, and human review of outputs.
Distinctive features disclosed in the brochure include that certain representatives are licensed insurance agents who may recommend commission‑based insurance products, and that the firm’s principals serve as general partners and investors in private investment vehicles (for example, SWR Acquisition LLC and Irish Whiskey Ventures entities), with such investments handled on a non‑discretionary basis and disclosed as conflicts. The firm is owned by Alera Group Inc. and manages several billion dollars with a small advisory team (three advisors serving roughly 100 clients), a profile that results in relatively high assets under management per advisor compared with many peers.
Client services
Expertise
Fee options
Retirement plan consulting fixed fee range: $5,000 - $100,000; Financial planning fixed fees generally range from $750 to $8,500.
Less than $2,000,000 - $2,000,000: 0.50% $2,000,001 - $10,000,000: 0.375% - 0.50% $10,000,001 - $20,000,000: 0.30% - 0.375% Over $20,000,000+: Negotiable
Retirement plan consulting hourly fee range: $50 - $300 per hour; Financial planning hourly fee: $175 - $325 per hour.
Fee-only: Financial planning fixed fees generally range from $750 to $8,500; hourly fees from $175 to $325 per hour.
Main office
110 N. Phoenixville Pike, Suite 300
Malvern PA 19355
Advisors at this office
3
Most active in
Florida · Nebraska · New Hampshire · New Jersey · Pennsylvania · Texas
Also doing business as
Alera Group Wealth Services · Wharton Business Group · Wharton Business Group, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Marc H
Series 63
Malvern, PA
Wharton Business Group, LLC
Marc Hembrough is a financial advisor with Wharton Business Group, LLC, holding a Series 63 designation and bringing 19 years of industry experience. He has been with Wharton Business Group since 2009 and has also worked with Principal Life Insurance Company since 1992. Outside of his advisory role, Hembrough is the owner and board member of Roberts One on One Fitness Studio in Malvern, PA. Wharton Business Group provides discretionary and non-discretionary investment advisory services, retirement plan consulting, and financial planning to individuals, high-net-worth clients, and institutional entities. The firm customizes asset allocations based on client objectives and employs a combination of fundamental, technical, and charting analysis in its investment strategies.
Matthew D
Series 63, Series 65
Malvern, PA
Wharton Business Group, LLC
Matthew Delaney is a financial advisor with Wharton Business Group, LLC in Malvern, PA, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. He has worked at Wharton Business Group since 2009 and previously spent 18 years with FSC Securities Corporation. In addition to his advisory role, he offers insurance products as an independent insurance agent. Wharton Business Group provides discretionary and non-discretionary investment management, financial planning, and retirement plan consulting for individuals, high-net-worth clients, and institutional investors. The firm employs a combination of charting, fundamental and technical analysis across various asset classes and integrates artificial intelligence tools to support its operations.
Billy W
Series 63
Malvern, PA
Wharton Business Group, LLC
Billy Webster Jr. is a financial advisor at Wharton Business Group, LLC in Malvern, PA, holding a Series 63 designation with 34 years of industry experience. He has been with Wharton Business Group since 2009. Wharton Business Group provides investment management, financial planning, and retirement plan consulting to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, estates, and charitable organizations. The firm uses a combination of charting, fundamental and technical analysis with both long- and short-term purchase strategies, and incorporates artificial intelligence tools for operational support.
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