OPAL WEALTH ADVISORS, LLC

RIASEC RegisteredEst. 2018

Total AUM

$1.2B

Discretionary

$654M

53% of AUM

Avg account

$514K

Accounts

2,411

Employees

Advisory reps

Firm details

Headquarters: JERICHO, New York
CRD number: 289759
Registered since: November 1, 2018
Website: opalwealthadvisors.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI75.23%
Charitable Organizations10.79%
Individuals10.69%
Corporations / Businesses3.29%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Opal Wealth Advisors, LLC is an independent registered investment adviser that positions itself as a capital allocator for individuals, families and institutions. The firm combines fee-based advisory models — percentage of AUM, hourly and fixed fees — with portfolio management and financial planning. Its practice emphasizes public funds and mutual funds as core building blocks while also incorporating ESG screens: the firm is identified as an active ESG investor and integrates those considerations into manager and fund selection. Opal uses third‑party managers and a selection-of-other-advisers approach when appropriate, which allows it to blend in-house portfolio construction with outsourced specialist strategies. The firm has been recognized by Forbes among top RIA firm lists in both 2023 and 2024. Services extend beyond standard financial planning and discretionary portfolio management to include educational seminars and investment selection for businesses or institutions.