Wahed

RIASEC RegisteredEst. 2015

Total AUM

$1.3B

Discretionary

$248M

19% of AUM

Avg account

$41.9K

Accounts

30,683

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 242793
Registered since: August 7, 2015
Website: www.wahed.com
Custodians: APEX CLEARING CORPORATION
Fee structure: Percentage of AUM
Client types: Investment Companies80.7%
Individuals16.6%
HNWI2.62%
Corporations / Businesses0.09%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Wahed is an SEC-registered LLC that provides portfolio management for individuals, families, investment companies and institutions. Founded (registered) in 2015, the firm charges fees as a percentage of assets under management and identifies as an active ESG investor. Its advisory scope spans discretionary and non-discretionary portfolio management for small businesses and institutional clients. Wahed’s owner structure is a mix of a domestic entity and individual ownership, and the firm lists affiliations that include broker-dealer relationships, other investment advisers, law-firm links, and roles as sponsor/GP/managing member of pooled vehicles.