Twelve Points Wealth Management

RIASEC RegisteredEst. 2017

Total AUM

$2.2B

Discretionary

$2.1B

95% of AUM

Avg account

$1.2M

Accounts

1,928

Employees

Advisory reps

Firm details

Headquarters: Concord, Massachusetts
CRD number: 171107
Registered since: January 23, 2017
Website: twelvepointswealth.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Pension & Profit Sharing Plans69.81%
HNWI15.05%
Individuals14.1%
Corporations / Businesses0.75%
Charitable Organizations0.28%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Twelve Points Wealth Management is an LLC that acts as a capital allocator and multi-service adviser to both individual/family and institutional clients. Registered with the SEC since 2017 and owned by an individual principal, the firm combines fiduciary portfolio management with financial planning, pension consulting, selection of subadvisers, and client education through newsletters and seminars. It maintains a fee mix that includes percentage-of-AUM billing as well as hourly and fixed-fee engagements, and is also registered as a broker-dealer affiliate for certain product distribution activities. The firm identifies as an active ESG investor and allocates capital to third-party managers when appropriate. Services span discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, along with other advisory services such as publication of market commentary and selection of outside managers.