ABOUND FINANCIAL

RIASEC RegisteredEst. 2023
Total AUM
$428M
Discretionary
$381M
89% of AUM
Avg account
$274K
Accounts
1,563
Employees
2
Advisory reps
3

Firm details

Headquarters
GRANITE BAY, California
CRD number
327724
Registered since
September 6, 2023
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI67.99%
  • Individuals28.74%
  • Pension & Profit Sharing Plans2.22%
  • Charitable Organizations1.05%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Abound Financial is an independent registered investment adviser organized as a limited liability company and registered with the SEC in 2023. The firm is owned by an individual and provides fee-based advisory services to both individual/family clients and institutional accounts. Its billing mixes percentage-of-AUM fees with fixed fees. Core advisory offerings include financial planning and discretionary and nondiscretionary portfolio management for individuals, small businesses, and institutional clients. The firm identifies as an active ESG investor and does not act as a capital allocator, pension consultant, or related adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 62%, Public Funds/Mutual Funds 34%, Other 2%, Non-Exchange Traded Equities 1%, Cash & Cash Equivalents 1%62%
  • Exchange Traded Equities62%
  • Public Funds/Mutual Funds34%
  • Other2%
  • Non-Exchange Traded Equities1%
  • Cash & Cash Equivalents1%

Owners & executives

1 of 1
  • DAVID LAUT

    CEOCRD 5139179

Contacts

2 of 2
  • Samuel Smith

    Client Services AssociateCRD 7735677

  • DAVID HICKS

    Lead Financial PlannerCRD 7172378

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 131

Active vs passive

$365M in ETFs

Passive

82%

$298M

Active

2%

$67.6M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO S&P 600(TM) SMALL CAP ETF (SPSM)State StreetPassiveSmall Blend$26.2M542,3997.17%

Location

Primary office

GRANITE BAY, CA

PLACER

Location

GRANITE BAY, CA

Headquartered in GRANITE BAY, CA, anchoring the Sacramento-Roseville, CA metro in the West.

Metro area
Sacramento-Roseville, CA
Region
West
County
PLACER
Address
4180 Douglas Blvd
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth