PRENTICE WEALTH MANAGEMENT LLC

RIASEC RegisteredEst. 2012
Total AUM
$568M
Discretionary
$550M
97% of AUM
Avg account
$549K
Accounts
1,034
Employees
14
Advisory reps
6

Firm details

Headquarters
ROCHESTER, New York
CRD number
160052
Registered since
April 24, 2012
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Subscription Fees, Fixed Fees
Client types
  • Individuals73.35%
  • HNWI23.26%
  • Corporations / Businesses2.51%
  • Other Investment Advisers0.6%
  • Charitable Organizations0.28%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Prentice Wealth Management LLC is an independent, owner-operated RIA formed in 2012 that serves both individual/family and institutional clients. The firm offers traditional advisory services — financial planning and portfolio management for individuals, small businesses and institutions — and also performs selection-of-other-advisers work. Fee arrangements are flexible and include percentage-of-AUM billing alongside hourly, subscription and fixed-fee options. The firm describes itself as a capital allocator and identifies as an active ESG investor, indicating ESG considerations are part of its investment process.

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 64%, Exchange Traded Equities 19%, Investment Grade Corp Bonds 8%, Cash & Cash Equivalents 5%, Other 2%, US Government Bonds 1%, State & Local Bonds 1%64%
  • Public Funds/Mutual Funds64%
  • Exchange Traded Equities19%
  • Investment Grade Corp Bonds8%
  • Cash & Cash Equivalents5%
  • Other2%

Owners & executives

1 of 1
  • SHAWN TESORO

    CIOCRD 2394286

Contacts

3 of 5
  • WILLIAM PRENTICE

    FounderCRD 3212474

  • Umbereen Mustafa

    Wealth PlannerCRD 7930020

  • Anthony Vaccaro

    Wealth Management AdvisorCRD 4384776

Unlock 2 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 50

Active vs passive

$419M in ETFs

Passive

73%

$305M

Active

19%

$113M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE US AGGREGATE BOND ETF (AGG)BlackRockPassiveIntermediate Core Bond$64.7M651,75815.46%

Location

Primary office

ROCHESTER, NY

MONROE

Location

ROCHESTER, NY

Headquartered in ROCHESTER, NY, anchoring the Rochester-Batavia-Seneca Falls, NY metro in the Northeast.

Metro area
Rochester-Batavia-Seneca Falls, NY
Region
Northeast
County
MONROE
Address
1150 Penfield Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth