Biltmore Wealth Management, LLC

Biltmore Wealth Management, LLC was established in August 2009 and registered as an Investment Adviser in January 2010. The firm is owned by Kevin J. Sweeney and Timothy A. Carpenter. Biltmore offers investment advisory services and financial planning to individuals, business entities, trusts, estates, and charitable organizations. Their investment advisory service includes customized portfolio management using proprietary investment models tailored to each client's needs. The firm manages $396,736,147 on a discretionary basis as of December 31, 2024. Clients can engage Biltmore on a fee-only basis, with fees based on a percentage of assets under management. Biltmore does not participate in wrap fee programs and does not accept performance-based fees. The firm primarily uses long-term and short-term investment strategies, including short sales and margin loans, with a focus on fundamental analysis. Biltmore acts as a fiduciary under the DOL Fiduciary Rule, providing advice in clients' best interests. The firm does not accept directed brokerage arrangements and manages accounts on a discretionary basis. Clients receive regular account statements and reports, and Biltmore does not have custody of client funds except for specific instances outlined in the brochure. Biltmore does not have any disciplinary actions, bankruptcy proceedings, or financial conditions that impair its ability to meet obligations.