Wharton Midmarket Investment Advisors Inc

Wharton MidMarket Investment Advisors, Inc. provides investment advisory, portfolio management, and financial planning services primarily to individuals, high‑net‑worth clients, trusts, estates and pension/profit‑sharing plans, and offers an Ambassador wrap program administered by Raymond James. The firm’s disclosures also indicate it works with a small number of institutional and non‑retail accounts — including banking/thrift institutions, insurance companies, state or municipal government entities, other investment‑adviser clients and a sovereign‑wealth‑type client — alongside its retail client base.

The firm typically delivers customized, primarily non‑discretionary investment management and consulting centered on a long‑term, fundamental analysis approach, constructing portfolios across equities, fixed income and investment‑company securities after internal due diligence. Wharton also offers the Ambassador wrap relationship that can be managed non‑discretionarily (or discretionary if certain qualifications are met) and provides standalone financial planning engagements that are usually completed within months.

Wharton’s brochure reports essentially all SEC‑registered assets as non‑discretionary (showing $0 discretionary and $140,675,095 non‑discretionary as of December 31, 2023), a profile that is uncommon for similar supported firms and indicates clients retain transactional direction. The firm is affiliated with a broker‑dealer and its advisory personnel engage in securities and insurance activities; the brochure discloses these arrangements and related conflicts (including commissionable transactions and administrative‑only assets) and describes oversight measures such as disclosure and a Code of Ethics.