Advisory Firm Description
Woodstock Wealth Management, Inc. (“WWM”) is a financial services firm that offers financial
planning and investment services, and investment advisory products and services to clients
primarily in the United States.
Since 2018, WWM has been an active investment advisory firm registered with the United States
Securities & Exchange Commission. As of December 31, 2023, the firm managed $511,232,375 in
assets, all of which was managed on a discretionary basis. WWM is principally owned by
Woodstock Holdings, Inc. William J. Raike III, CEO of WWM, is a material owner of Woodstock
Holdings, Inc. with more than 25% ownership.
Types of Services
WWM offers several advisory products and services for the benefit of clients. WWM offers the
following programs for advisory clients:
MANAGED ACCOUNT PROGRAM
WWM’s Managed Account Program is a fee-based program, whereby WWM and its Investment
Advisory Representatives (“IARs”) provide continuous portfolio management and supervisory
services for clients. Services are based on the client’s needs, investment objectives, risk tolerance,
financial status, and liquidity needs. As part of this program, WWM and IARs may perform the
following services:
• Assess the client’s needs, investment objectives, risk tolerance, financial status, and
liquidity concerns.
• Develop a customized strategy to try to meet the needs, investment objectives, risk
tolerance, and liquidity concerns of a client.
• Implement the strategy through transactions, either through purchases or liquidations of
investments; and
• Provide ongoing review and management of the client’s accounts after initiation of the
relationship with the client.
WWM and its IARs seek to tailor their advisory services to the individual needs of clients by
engaging in transactions and activity that commiserates with information concerning the client,
specifically their investment objectives, risk tolerance, financial status, and liquidity concerns.
Clients are permitted to place restrictions on types of securities or certain securities that are
reasonable in nature.
WWM and its IARs manage the assets of clients on a discretionary basis, thereby allowing WWM
and the IARs to determine what securities and investments are to be bought and sold and the amount
of the securities and investments to be bought and sold. WWM has discretion on the selection
of the custodian to house the assets. WWM will maintain its assets with Fidelity Clearing & Custody
Solutions. At the request of client and upon agreement by WWM and IAR, client may select another
custodian. WWM reserves the right to change custodians at their discretion.
Clients are advised that transactions in the client’s accounts, including any reallocations and
rebalancing, may trigger a taxable event for the client, unless the account is deemed a qualified
retirement account (i.e. IRA).
PERFORMANCE FEE PROGRAM
The Performance Fee Program is a performance fee-based program, whereby WWM and its
Investment Advisory Representatives (“IARs”) provide continuous portfolio management and
supervisory services for clients. Services are based on the client’s needs, investment objectives,
risk tolerance, financial status, and liquidity needs. As part of this program, WWM and IARs may
perform the following services:
• Assess the client’s needs, investment objectives, risk tolerance, financial status, and
liquidity concerns;
• Develop a customized strategy to meet the needs, investment objectives, risk tolerance, and
liquidity concerns of a client;
• Implement the strategy through transactions, either through purchases or liquidations of
investments; and
• Provide ongoing review and management of the client’s accounts after initiation of the
relationship with the client.
WWM and its IARs seek to tailor their advisory services to the individual needs of clients by
engaging in transactions and activity that commiserates with information concerning the client,
specifically their needs, investment objectives, risk tolerance, financial status, and liquidity
concerns. Clients are permitted to place restrictions on
types of securities or certain securities that
are reasonable in nature.
WWM and its IARs manage the assets of clients on a discretionary basis, thereby allowing WWM
and the IARs to determine what securities and investments are to be bought and sold and the
amount of the securities and investments to be bought and sold. WWM has discretion on the
selection of the custodian to house the assets. WWM will maintain client assets with Fidelity
Clearing and Custody Solutions. At the request of client and upon agreement by WWM and
IAR, client may select another custodian. WWM reserves the right to change custodians in their
discretion.
Clients are advised that transactions in the client’s accounts, including any reallocations and
rebalancing, may trigger a taxable event for the client, unless the account is deemed a qualified
retirement account (i.e. IRA).
FINANCIAL PLANNING AND CONSULTING SERVICES
WWM offers financial planning and consulting services to clients who seek advice and direction
on various aspects of planning. Such advice may include, but is not limited to, analysis of financial
plans, retirement planning, budget analysis, estate planning, college planning, and/or cash flow
analysis. The extent and nature of the financial planning are tailored to the desires and needs sought
by the client. Services may include a written plan, access through vendor dashboard or vault, and
analysis or recommendations or may involve consultation(s).
Financial planning and consulting services are based on the client’s financial situation at the time
and are based on financial information disclosed by the client to WWM. Clients are advised that
certain assumptions may be made with respect to interest and inflation rates and the use of past
trends and performance of the market and economy. However, past performance is in no way an
indication of future performance. WWM cannot offer any guarantees or promises that client’s
financial goals and objectives will be met. Further, client must continue to review any plan and
update the plan based upon changes in the client’s financial situation, goals, objectives, or changes
in the economy.
It is noted that the levels and services offered may vary among IARs of WWM based on their
knowledge and experience. It is further noted that advice and solutions offered by IARs may vary
due to this and client-specific circumstances.
Clients who receive financial planning and consulting services are under no obligation to utilize
WWM or its affiliates to implement any investment recommendation and/or other recommendation
of WWM and its IARs.
THIRD PARTY MANAGEMENT PROGRAMS
WWM may use the services of a third-party manager to offer asset management services to clients.
Prior to entering a relationship with the third-party manager, WWM conducts due diligence with
respect to the services and business of the third-party managers and how such services may assist
clients of WWM and its IARs. Third-party managers are selected based on their price
competitiveness, services, track record, and other determining factors.
WWM will assist the client in the selection of a third-party manager that is tailored to the needs of
the clients. The client may impose restrictions on the management of their accounts, subject to
any provisions of the third-party manager. In utilizing a third-party manager, clients are advised of
the following:
• Transactions in the client’s accounts, including any reallocations and rebalancing, may
trigger a taxable event for the client, unless the account is deemed a qualified retirement
account (i.e. IRA).
• WWM does not take custody of client assets. WWM will not directly conduct any securities
transactions on behalf of the client or participate directly in the selection of the securities to
be purchased or sold for the client.
• Investment decisions are made by the third-party manager in accordance with the
agreement between client and manager.
• Performance presentations offered by these third-party managers may not be calculated or
presented on a uniform basis.
• Details concerning the third party asset management offered by a third party manager can
be found in their ADV Brochure, program literature, and/or by consulting your IAR.