COVE WEALTH MANAGEMENT

RIASEC RegisteredEst. 2023
Total AUM
$190M
Discretionary
$190M
100% of AUM
Avg account
$615K
Accounts
309
Employees
4
Advisory reps
4

Firm details

Headquarters
HOUSTON, Texas
CRD number
114236
Registered since
April 20, 2023
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI92.35%
  • Individuals7.24%
  • Charitable Organizations0.38%
  • Corporations / Businesses0.03%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Cove Wealth Management is an independent, SEC-registered investment adviser that began registration in 2023 and is owned by an individual. The firm acts as a capital allocator and serves both individual/family and institutional clients. Its billing mixes percentage-of-AUM fees with hourly and fixed-fee arrangements, and its advisory services emphasize financial planning, discretionary portfolio management for individuals and small businesses, selection of external advisers, and educational seminars or workshops. The firm does not position itself as an ESG-focused investor. It operates with a mix of in-house portfolio management and third-party manager selection, directing client capital into public mutual funds and external alternative managers where appropriate.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 62%, Exchange Traded Equities 21%, State & Local Bonds 8%, Cash & Cash Equivalents 8%, Non-Exchange Traded Equities 1%62%
  • Public Funds/Mutual Funds62%
  • Exchange Traded Equities21%
  • State & Local Bonds8%
  • Cash & Cash Equivalents8%
  • Non-Exchange Traded Equities1%

Owners & executives

1 of 1
  • JENNIFER MIGDAL

    Chief Compliance OfficerCRD 4952120

Contacts

3 of 3
  • SARAH MIZELL

    President & Senior Financial AdvisorCRD 5343134

  • CORY MIZELL

    President, CCOCRD 6698055

  • Malcolm Morris

    PartnerCRD 7521655

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 70

Active vs passive

$84M in ETFs

Passive

87%

$72.8M

Active

12%

$11.2M

ETFProviderStyleCategoryValueShares% of portfolio
DIMENSIONAL INTERNATIONAL VALUE ETF (DFIV)DimensionalActiveForeign Large Value$5.8M110,5916.95%

Location

Primary office

HOUSTON, TX

HARRIS

Location

HOUSTON, TX

Headquartered in HOUSTON, TX, anchoring the Houston-The Woodlands, TX metro in the South.

Metro area
Houston-The Woodlands, TX
Region
South
County
HARRIS
Address
710 N Post Oak Rd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth