Description of Advisory Firm
Wedmont Private Capital LLC is registered as an Investment Adviser with the with the Securities and Exchange
Commission. We were founded in 2019. Dominic Corabi and James Pelletier are the principal owners of WPC.
As of April, 2023, WPC reports $993,733,565 in discretionary and $28,418,105 in non- discretionary Assets
Under Management.
Types of Advisory Services
Ongoing Financial Planning with Investment Management Services (WPS manages accounts)
This service involves working one-on-one with a planner over an extended period of time. By paying a fixed
quarterly fee, Clients get to work with a planner who will work with them to develop and implement their plan.
The planner will monitor the plan, recommend any changes and ensure the plan is up to date. The client fee is
specifically intended to cover financial planning services. If financial planning clients choose to opt-in to
Wedmont’s discretionary Investment Management services, those services are provided at no additional cost.
Upon desiring a comprehensive plan, a Client will be taken through establishing their goals and values around
money. They will be required to provide information to help complete the following areas of analysis: net worth,
cash flow, insurance, credit scores/reports, employee benefits, retirement planning, insurance, investments,
college planning, and estate planning. Once the Client's information is reviewed, their plan will be built and
analyzed, and then the findings, analysis and potential changes to their current situation will be reviewed with the
Client. Clients subscribing to this service will receive a written or an electronic report, providing the Client with a
detailed financial plan designed to achieve his or her stated financial goals and objectives. If a follow-up meeting
is required, we will meet at the Client's convenience. The plan and the Client's financial situation and goals will
be monitored throughout the year and follow-up phone calls and emails will be made to the Client to confirm that
any agreed upon action steps have been carried out. No increase in the annual fee shall be effective without
agreement from the Client by signing a new agreement or amendment to their current advisory agreement
We are also in the business of managing individually tailored investment portfolios. Our firm provides continuous
advice to a Client regarding the investment of Client funds based on the individual
needs of the Client. Through
personal discussions in which goals and objectives based on a Client's particular circumstances are established,
we develop a Client's personal investment policy or an investment plan with an asset allocation target and create
and manage a portfolio based on that policy and allocation targets. We will also review and discuss a Client’s
prior investment history, as well as family composition and background.
Account supervision is guided by the investment allocation that was identified during the financial planning process,
and agreed to by the client prior to the portfolio implementation process, as well as tax considerations. Clients may
impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors. Our
minimum account size requirement is
$1,000,000 in investable assets. This minimum is negotiable in some circumstances. Fees pertaining to this service
are outlined in Item 5 of this brochure.
WPC provides investment management services on a discretionary basis. The advisor’s discretionary
authority will be disclosed in the Client Agreement.
Use of Third Party Managers, Outside Managers, or Sub-Advisors (TAMPs)
We offer the use of Third Party Managers, Outside Managers, or Sub-Advisors (TAMPs) for portfolio
management services. We assist Clients in selecting an appropriate allocation model, completing the Outside
Manager’s investor profile questionnaire, interacting with the Outside Manager and reviewing the Outside
Manager. Our review process and analysis of outside managers is further discussed in Item 8 of this Form ADV
Part 2A. Additionally, we will meet with the Client on a periodic basis to discuss changes in their personal or
financial situation, and any new or revised restrictions to be applied to the account. Fees pertaining to this service
are outlined in Item 5 of this brochure.
Client Tailored Services and Client Imposed Restrictions
We offer the same suite of services to all of our Clients. However, specific Client financial plans and their
implementation are dependent upon the Client Implementation Plan which outlines each Client’s current situation
(income, goals, and portfolio return & volatility expectations) and is used to construct a Client specific plan to aid
in the selection of a portfolio that matches restrictions, needs, and targets.
Wrap Fee Programs
We do not participate in wrap fee programs.