Fee-only adviser · New Albany, OH
Vela Investment Management, LLC
Vela Investment Management, LLC is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in New Albany, Ohio. On its latest Form ADV, filed September 22, 2026, it reports $563M in regulatory assets under management, 166 individual clients and 23 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 306678 · SEC file 801-119022 |
| Office | 220 Market Street Suite 208 New Albany, OH 43054 |
| Phone | (614) 653-8352 |
| Website | www.vela-im.com |
| Regulatory assets under management | $563M ($563M discretionary) |
| Individual clients | 58 non-high-net-worth, 108 high-net-worth |
| Financial planning clients | 0 |
| How it charges | Percentage of assets, Fixed fee, Other |
| Services | Financial planning, Portfolio management |
| Employees | 29 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | September 22, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- It provides financial planning services, not only portfolio management.
- It sponsors or manages a wrap fee program; ask what the bundled fee covers.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in New Albany
- Yfp Wealth $53M
- Diamond Equity Advisors $16M
- Palmetto Wealth Management, LLC $32M
- Columbus Investment Advisory Inc. $454M
- Kennon-Green & Co. $171M
See all 6 fee-only advisers in New Albany →
Nearby
- Westerville 6 firms
- Pataskala 1 firm
- Bexley 1 firm
- Worthington 1 firm
- Pickerington 2 firms
- Lewis Center 1 firm
- Columbus 47 firms
- Granville 1 firm
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