AUMdb

Salem Advisory Group Llc

State-registered Wealth Manager · Boutique (under $100M) CRD 145697 · Wells, ME · WWW.LINKEDIN.COM
☆ Save with Pro ADV data as of Mar 17, 2026
Regulatory AUM
$76.2M
Discretionary
$76.2M
Clients
288
Avg AUM / client
$265K
Accounts
495
Employees
4

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 261 $29.3M 38.5%
High net worth individuals 27 $42.5M 55.8%
Corporations and other businesses Fewer than 5 clients $4.4M 5.75%

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Public Consulting Group Llc 401(k) Profit Sharing Plan Public Consulting Group Llc 2024
Marvell Semiconductor 401 K Retirement Plan Marvell Semiconductor, Inc. 2024
Smarthealth 401(k) Plan And Trust Smarthealth, Inc. 2024
The Hilb Group Operating Company, Llc 401(k) Plan The Hilb Group Operating Company, Llc 2024
Oportun 401(k) Plan Oportun, Inc. 2024
City Of Hope Medical Group 401 K Retirement Savings Plan City Of Hope Medical Group, Inc. 2024
Nascar Employee 401 (K) Savings Plan National Association For Stock Car Auto Racing, Llc 2024
Ls3 P 401(k) Plan Ls3 P Associates Ltd. 2024
Community Brands 401(k) Plan Community Brands Parentco, Llc 2024
Axa Investment Managers Us Retirement 401(k) Plan Axa Investment Managers Us Inc. 2024
Arclin Retirement Plan Arclin Usa Llc 2024
Latham & Watkins 401(k) Savings And Profit Sharing Plan Latham & Watkins Llp 2024
Summit Funding, Inc. 401(k) Plan Summit Funding, Inc. 2024

People (4)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Warren George Berger Registered representative Chartered Financial Consultant Jan 2009 (18y)
Kevin James Colley Registered representative CFP Aug 2009 (17y)
Peter C Bishop Registered representative Sep 2013 (13y)
William O'shea Rispoli Registered representative Jan 2016 (11y)

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Retirement plans served (13)

PlanSponsorParticipantsPlan assetsAs of
Public Consulting Group Llc 401(k) Profit Sharing Plan Public Consulting Group Llc 2,182 $311M 07/01/2024
Marvell Semiconductor 401 K Retirement Plan Marvell Semiconductor, Inc. 2,970 $1.4B 01/01/2024
Smarthealth 401(k) Plan And Trust Smarthealth, Inc. 229 $31.0M 01/01/2024
The Hilb Group Operating Company, Llc 401(k) Plan The Hilb Group Operating Company, Llc 2,273 $179M 01/01/2024
Oportun 401(k) Plan Oportun, Inc. 708 $83.4M 01/01/2024
City Of Hope Medical Group 401 K Retirement Savings Plan City Of Hope Medical Group, Inc. 627 $387M 01/01/2024
Nascar Employee 401 (K) Savings Plan National Association For Stock Car Auto Racing, Llc 4,912 $248M 01/01/2024
Ls3 P 401(k) Plan Ls3 P Associates Ltd. 490 $72.3M 01/01/2024
Community Brands 401(k) Plan Community Brands Parentco, Llc 698 $72.9M 01/01/2024
Axa Investment Managers Us Retirement 401(k) Plan Axa Investment Managers Us Inc. 169 $126M 01/01/2024
Arclin Retirement Plan Arclin Usa Llc 34 $47.5M 01/01/2024
Latham & Watkins 401(k) Savings And Profit Sharing Plan Latham & Watkins Llp 4,864 $3.1B 01/01/2024
Summit Funding, Inc. 401(k) Plan Summit Funding, Inc. 499 $45.7M 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/17/2026 1.69 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.

How they charge

  • Percentage of assets under management

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Pension consulting services

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports it does not have custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 17, 2026.

View current Form ADV (SEC/IAPD) ↗