Operose Advisors LLC

RIASEC Registered
Total AUM
$2.1B
Discretionary
$1.5B
74% of AUM
Avg account
$1.2M
Accounts
1,655
Employees
20
Advisory reps
14

Firm details

Headquarters
Milwaukee, Wisconsin
CRD number
287465
Registered since
March 30, 2020
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI72.98%
  • Charitable Organizations13.38%
  • Corporations / Businesses5.31%
  • Other5.19%
  • Individuals1.9%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Operose Advisors LLC is an independent, LLC-structured registered investment adviser that registered with the SEC in 2020. The firm serves a mix of individual/family and institutional clients and positions itself as a capital allocator and manager of pooled vehicles. Compensation is a mix of AUM-based fees and fixed fees. Core advisory capabilities include financial planning, discretionary portfolio management for individuals and institutions, management of pooled investment vehicles, and selection or oversight of other managers. Operose also identifies as an active ESG investor and lists activities that include acting as an accountant/sponsor and serving as a GP/managing member of pooled investment vehicles.

Assets & Accounts

Public Holdings

Investments & Alternatives

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: Public Funds/Mutual Funds 61%, Private Funds 15%, Exchange Traded Equities 13%, Cash & Cash Equivalents 6%, US Government Bonds 3%, State & Local Bonds 2%61%
  • Public Funds/Mutual Funds61%
  • Private Funds15%
  • Exchange Traded Equities13%
  • Cash & Cash Equivalents6%
  • US Government Bonds3%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 265

Active vs passive

$442M in ETFs

Passive

85%

$375M

Active

1%

$66.2M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD TOTAL STOCK MARKET INDEX FUND (VTI)VanguardPassiveLarge Blend$91.1M246,20220.63%

Location

Primary office

Milwaukee, WI

Milwaukee

Location

Milwaukee, WI

Headquartered in Milwaukee, WI, anchoring the Milwaukee-Racine-Waukesha, WI metro in the Midwest.

Metro area
Milwaukee-Racine-Waukesha, WI
Region
Midwest
County
Milwaukee
Address
731 N Water St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth