SAX Wealth Advisors, LLC

RIASEC Registered

Total AUM

$3.6B

Discretionary

$3.5B

97% of AUM

Avg account

$662K

Accounts

5,429

Employees

Advisory reps

Firm details

Headquarters: Parsippany, New Jersey
CRD number: 119193
Registered since: February 28, 2008
Website: www.saxwa.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI79.14%
Individuals15.35%
Corporations / Businesses3.91%
Pension & Profit Sharing Plans0.84%
Charitable Organizations0.77%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

SAX Wealth Advisors, LLC is an independent registered investment adviser that has been SEC-registered since 2008. The firm describes itself as a capital allocator serving individual and family clients as well as institutional accounts. Its advisory services include financial planning, portfolio management for individuals and small businesses as well as for institutions, selection of other advisers, and pension consulting support. Fee arrangements include percentage-of-AUM billing along with hourly and fixed-fee engagements. SAX Wealth Advisors was recognized on FA Magazine’s Top RIA Firms list in 2020. The firm does not position itself as an ESG investor. It also maintains an industry affiliation with accounting professionals to support advisory work and tax-related coordination.