Wharton Equity Corporation (Wayne)


Wharton Equity Corporation is an adviser based in Wayne. It manages $5 million of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2002.

Wharton Equity Corporation provides financial planning services, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wharton Equity Corporation: assets under management

The assets under management (AUM) of Wharton Equity Corporation is $5 million. The firm's AUM has gone down by -86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wharton Equity Corporation for their services and products based on hourly charges and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wharton Equity Corporation

Malcolm Arthur Morrison has been acting as President since 1 Mar 1981. Louis Joseph Jr Iovannone joined the executive team most recently as the Fin Op Principal, Compliance Officer, Vice Pres..

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Malcolm Arthur Morrison President 1 Mar 1981 75% - 100% 340776
Alan Smith Runk Vice president 1 Jun 1988 Other 407229
Christine F Morrison Secretary 1 May 1991 Other 2169907
Andrew James Degroat Vice-president 1 Jul 1999 Other 2103217
John Joseph Jr Tillger Vice-president 1 Jun 2000 Other 1766765
Louis Joseph Jr Iovannone Fin-op principal, compliance officer, vice-pres. 1 Jan 2001 Other 2974684
Malcolm Arthur Morrison Chief compliance officer 1 Nov 2004 75% - 100% 340776

Based in Wayne

The principal office where Wharton Equity Corporation performs its advisory services is located at 994 Old Eagle School Rd, Wayne, PA 19087 The mailing address of the firm is 994 Old Eagle School Rd., Wayne, PA 19087. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-293-1484 or by fax 610-293-1488. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at www.whartonequitycorp.com.