PALUMBO WEALTH MANAGEMENT LLC

RIASEC RegisteredEst. 2020

Total AUM

$543M

Discretionary

$543M

100% of AUM

Avg account

$599K

Accounts

907

Employees

Advisory reps

Firm details

Headquarters: GREAT NECK, New York
CRD number: 306548
Registered since: January 6, 2020
Website: palumbowm.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI90.74%
Individuals6.76%
Corporations / Businesses2.16%
Pension & Profit Sharing Plans0.34%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Palumbo Wealth Management LLC is an independent registered investment adviser organized as an LLC and registered with the SEC in 2020. The firm acts as a capital allocator and serves both individual and family clients as well as institutional clients. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting services, and the selection of other advisers. Fee arrangements are a mix of percentage-of-AUM and fixed fees. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

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

Exchange Traded Equities70%
Public Funds/Mutual Funds12%
Private Funds9%
State & Local Bonds5%
Cash & Cash Equivalents4%

Owners & executives

3 of 3

KILLANA WILLIAMS
Chief Operating Officer and Chief Compliance OfficerCRD 4713628
PHILIP PALUMBO
Founder, CEO and CIOCRD 4158450
DOUGLAS AUGENTHALER
Chief Portfolio StrategistCRD 1749808