Wernau Asset Management
Firm details
- Headquarters
- Gloucester, Massachusetts
- CRD number
- 129473
- Registered since
- May 14, 2020
- Custodians
- NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI81.65%
- Charitable Organizations13.39%
- Individuals4.97%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Wernau Asset Management is an independent, SEC-registered registered investment adviser that began filing in 2020 and is owned by an individual. The firm serves both individual and family clients as well as institutional clients, offering financial planning and portfolio management for individuals, small businesses, and institutions. Its fee arrangements include traditional percentage-of-AUM billing alongside hourly and fixed-fee options. Wernau reports that it is not a capital allocator and does not position itself as an active ESG investor or a pension consultant. The firm lists several industry affiliations and roles that suggest involvement beyond plain advisory work: accountant and sponsor relationships and positions as a general partner or managing member of pooled investment vehicles. Custody is concentrated with National Financial Services LLC.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities40%
- Public Funds/Mutual Funds21%
- Cash & Cash Equivalents20%
- US Government Bonds12%
- Investment Grade Corp Bonds5%
Owners & executives
1 of 1
Jonathan Iannacone
Chief Compliance OfficerCRD 6397048
Contacts
1 of 1
Peter Wernau
FounderCRD 4741275
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 20Active vs passive
$25.2M in ETFs
100%
$25.2M
0%
$0
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TRUST (SPY) | State Street | Passive | Large Blend | $12.6M | 16,859 | 49.88% |
Location
Gloucester, MA
Essex
Location
Gloucester, MA
Headquartered in Gloucester, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- Essex
- Address
- 30 Western Ave
- Time zone
- ET (UTC-5)
- Office locations
Similar firms
Good Harbor Advisors, Inc.
RIAGloucester, MA
Beauport Financial Services, LLC
RIAGloucester, MA
Keenan Financial
RIABoston, MA
Forness Financial LLC
RIANeedham, MA
Kraematon Investment Advisors, Inc.
RIABraintree, MA
Fulham & Co
RIAWellesley, MA