Optas, LLC
Firm details
- Headquarters
- Dripping Springs, Texas
- CRD number
- 299965
- Registered since
- May 3, 2019
- Website
- www.optascapital.com
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI96.12%
- Charitable Organizations1.65%
- Individuals1.36%
- Pension & Profit Sharing Plans0.67%
- Corporations / Businesses0.2%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Optas, LLC is an independent registered investment adviser formed as an LLC and registered with the SEC in 2019. The firm is owned by an individual and positions itself as a capital allocator that serves both individuals/families and institutional clients. Its advisory remit includes financial planning, portfolio management for individuals/small businesses and for institutions, pension consulting, and the selection of third-party advisers. Fee arrangements are a mix of percentage-of-AUM, hourly, and fixed-fee engagements. Optas does not self-identify as an active ESG investor and is not multi-state registered for advisory activity beyond its primary jurisdiction.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
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 Equities45%
- Public Funds/Mutual Funds29%
- State & Local Bonds12%
- US Government Bonds8%
- Cash & Cash Equivalents6%
Owners & executives
2 of 2
Meghan Railey
Founder & Chief Financial AdvisorCRD 5570937
Frederick Glasser
Founder & CEOCRD 2517074
Contacts
3 of 3
Michael Berger
Director of Client OperationsCRD 2708511
Ryan Hart
Financial PlannerCRD 7021941
Blake Broussard
Wealth Management AssociateCRD 8049296
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 43Active vs passive
$302M in ETFs
99%
$300M
<1%
$1.8M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND (VOO) | Vanguard | Passive | Large Blend | $63.2M | 92,073 | 20.97% |
Location
Dripping Springs, TX
Hays
Location
Dripping Springs, TX
Headquartered in Dripping Springs, TX, in the South of the United States.
- Region
- South
- County
- Hays
- Address
- 15431 Fitzhugh Rd
- Time zone
- CT (UTC-6)
- Office locations
Similar firms
Curran Financial Partners, LLC
RIADripping Springs, TX
JPL Wealth Management
RIADripping Springs, TX
Alongside, LLC
RIAAustin, TX
Robert Harrell, Incorporated
RIAAustin, TX
CFM Wealth Partners LLC
RIAAustin, TX
Insight Equity Management Company LLC
RIASouthlake, TX