Palumbo Wealth Management LLC

RIASEC RegisteredEst. 2020

Total AUM

$543M

Discretionary

$543M

100% of AUM

Avg account

$599K

Accounts

907

Employees

Advisory reps

Firm details

Headquarters: Great Neck, New York
CRD number: 306548
Registered since: January 6, 2020
Website: palumbowm.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI90.74%
Individuals6.76%
Corporations / Businesses2.16%
Pension & Profit Sharing Plans0.34%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Palumbo Wealth Management LLC is an independent, SEC-registered advisory firm that acts as a capital allocator for private clients and select institutions. Registered in 2020 and organized as an LLC with individual ownership, the firm provides financial planning, discretionary portfolio management for individuals and small businesses, pension consulting, and selection of other advisers. Its fee arrangements include both percentage-of-assets and fixed-fee engagements. Palumbo is not identified as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

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

Exchange Traded Equities70%
Public Funds/Mutual Funds12%
Private Funds9%
State & Local Bonds5%
Cash & Cash Equivalents4%

Owners & executives

3 of 3

Killana Williams
Chief Operating Officer and Chief Compliance OfficerCRD 4713628
Philip Palumbo
Founder, CEO and CIOCRD 4158450
Douglas Augenthaler
Chief Portfolio StrategistCRD 1749808