OPTIMAL WEALTH

RIASEC RegisteredEst. 2019

Total AUM

$92.4M

Discretionary

$40.7M

44% of AUM

Avg account

$377K

Accounts

245

Employees

Advisory reps

Firm details

Headquarters: SUDBURY, Massachusetts
CRD number: 306120
Registered since: November 7, 2019
Website: optimalw.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Commissions
Client types: HNWI88.77%
Individuals7.95%
Pension & Profit Sharing Plans3.27%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Optimal Wealth is an independent, SEC-registered registered investment adviser organized as an LLC and owned by an individual. The firm provides fee-based advisory services to both high-net-worth individuals/families and institutional clients. Its service set centers on financial planning, portfolio management for individuals and small businesses, selecting outside managers, and running educational seminars or workshops. Optimal Wealth bills clients via a mix of asset-based fees, fixed fees and commissions, and it describes itself as a capital allocator that places client capital with third-party managers when appropriate. The firm does not identify as an active ESG investor and is not a multi-state adviser or pension consultant.