NOLET WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2024
Total AUM
$273M
Discretionary
$273M
100% of AUM
Avg account
$6.8M
Accounts
40
Employees
4
Advisory reps
3

Firm details

Headquarters
FORT WORTH, Texas
CRD number
329186
Registered since
January 5, 2024
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • HNWI100%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Nolet Wealth Management, LLC is an independent, owner-operated registered investment adviser that serves individual and family clients. The firm markets itself as a capital allocator and combines financial planning with portfolio management for individuals and small businesses, and it arranges third-party manager relationships when appropriate. Fee arrangements include AUM-based fees, fixed fees and performance-linked fees. The firm does not list itself as an active ESG investor and is not presented as a multi-state adviser or pension consultant in the available data. It began SEC registration in 2024.

Assets & Accounts

Public Holdings

Investments & Alternatives

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 64%, Exchange Traded Equities 33%, US Government Bonds 2%, State & Local Bonds 1%64%
  • Public Funds/Mutual Funds64%
  • Exchange Traded Equities33%
  • US Government Bonds2%
  • State & Local Bonds1%

Owners & executives

1 of 1
  • DAVID NOLET

    Founder & CEOCRD 4861861

Contacts

2 of 2
  • Jared Cline

    Director of InvestmentsCRD 7669769

  • MADISON NADLER

    Investment ManagerCRD 7271333

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 36

Active vs passive

$136M in ETFs

Passive

79%

$107M

Active

21%

$28.4M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$43.3M66,35631.90%

Location

Primary office

FORT WORTH, TX

TARRANT

Location

FORT WORTH, TX

Headquartered in FORT WORTH, TX, anchoring the Dallas-Fort Worth, TX-OK metro in the South.

Metro area
Dallas-Fort Worth, TX-OK
Region
South
County
TARRANT
Address
306 W 7th St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth