SAX Wealth Advisors, LLC

RIASEC RegisteredEst. 2008

Total AUM

$3.6B

Discretionary

$3.5B

97% of AUM

Avg account

$662K

Accounts

5,429

Employees

39

Advisory reps

44

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, SEC-registered RIA organized as an LLC and operating since 2008. The firm serves both individual and family clients as well as institutional clients and positions itself as a capital allocator that blends financial planning with portfolio management. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and selection of other advisers. Fee arrangements are flexible, including percentage-of-AUM, hourly, and fixed-fee options. The firm does not identify as an ESG-driven investor. An industry mention: SAX Wealth Advisors was listed among Top RIA Firms by FA Magazine in 2020.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

CRM & tech providers

TAMPs used

Clients

Client base

Client personas

Asset composition

Public Funds/Mutual Funds70%
Exchange Traded Equities11%
Cash & Cash Equivalents7%
US Government Bonds5%
State & Local Bonds2%

Owners & executives

3 of 3

Joseph Damiano
Chief Executive OfficerCRD 5217401
Trevor Hodges
Chief Operations Officer / Chief Compliance OfficerCRD 7350968
Leslie Vasvari
Chief Investment OfficerCRD 6068319

Contacts

3 of 41

Paul Winter
Principal and Wealth AdvisorCRD 1870699
Jonathan Shen
Associate Wealth AdvisorCRD 6361793
William Connor
Partner, Wealth AdvisorCRD 4224274

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Wealth teams

Newly hired reps

Recent M&A activity

Recent filings

Awards

ETF holdings

1 of 360

Active vs passive

$2.2B in ETFs

Passive

47%

$1B

Active

52%

$1.2B

ETF	Provider	Style	Category	Value	Shares	% of portfolio
DIMENSIONAL US EQUITY MARKET ETF (DFUS)	Dimensional	Active	Large Blend	$301M	4,250,622	13.74%

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Primary office

Parsippany, NJ

Morris

Location

Parsippany, NJ

Headquartered in Parsippany, NJ, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area: New York-Newark, NY-NJ-CT-PA
Region: Northeast
County: Morris
Address: 389 Interpace Pkwy
Time zone: ET (UTC-5)
Office locations

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