PALM WEALTH PARTNERS

RIASEC RegisteredEst. 2024
Total AUM
$179M
Discretionary
$179M
100% of AUM
Avg account
$146K
Accounts
1,232
Employees
9
Advisory reps
9

Firm details

Headquarters
BOCA RATON, Florida
CRD number
323361
Registered since
October 17, 2024
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • Individuals63.13%
  • HNWI35.93%
  • Corporations / Businesses0.93%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Palm Wealth Partners is an independent registered investment adviser organized as an LLC and SEC-registered in 2024. The firm acts as a capital allocator for both individual/family and institutional clients, offering a mix of financial planning and discretionary portfolio management services for individuals, small businesses and larger institutions. Its service menu includes pension consulting and the selection of third‑party advisers, and it charges clients through percentage‑of‑AUM fees as well as hourly, fixed and other fee arrangements. Palm Wealth Partners identifies as an active ESG investor and lists an affiliation with an insurance company, consistent with offering insurance‑related solutions alongside investment advice.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 86%, Exchange Traded Equities 8%, US Government Bonds 5%, Cash & Cash Equivalents 1%86%
  • Public Funds/Mutual Funds86%
  • Exchange Traded Equities8%
  • US Government Bonds5%
  • Cash & Cash Equivalents1%

Owners & executives

1 of 1
  • LEONARD TOMSON

    Co-Founder & CEOCRD 5777554

Contacts

3 of 8
  • MARIO BASILONE

    Co-founder and PresidentCRD 6035458

  • Domenick Mancini

    Co-Founder & Financial AdvisorCRD 6647667

  • JARON OSWALT

    Investment Adviser RepresentativeCRD 6317727

Unlock 5 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 25

Active vs passive

$119M in ETFs

Passive

59%

$69.8M

Active

41%

$48.9M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$25.8M39,57221.76%

Location

Primary office

BOCA RATON, FL

PALM BEACH

Location

BOCA RATON, FL

Headquartered in BOCA RATON, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.

Metro area
Miami-Port St. Lucie-Fort Lauderdale, FL
Region
South
County
PALM BEACH
Address
7100 Camino Real
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth