ACUMEN WEALTH ADVISORS, LLC

RIASEC RegisteredEst. 2016

Total AUM

$638M

Discretionary

$590M

92% of AUM

Avg account

$2.1M

Accounts

303

Employees

Advisory reps

Firm details

Headquarters: CHATTANOOGA, Tennessee
CRD number: 282565
Registered since: February 5, 2016
Website: acumenwealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI79.04%
Pension & Profit Sharing Plans7.66%
Individuals5.64%
Charitable Organizations3.1%
Corporations / Businesses3.09%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Acumen Wealth Advisors, LLC is an independent, SEC-registered registered investment adviser that began operating as an RIA in 2016. The firm is owned by an individual and positions itself as a capital allocator serving both individual and family clients as well as institutional accounts. Its advisory services include financial planning, discretionary portfolio management for individuals and small businesses, management of pooled investment vehicles, pension consulting and selection of other advisers. Acumen charges a mix of fee structures — percentage of AUM, hourly fees and fixed fees — and does not identify as an active ESG investor. The firm also plays sponsor and GP roles and serves as a managing member of pooled investment vehicles, indicating direct involvement in private funds and deal-level management in addition to third-party allocations.