Twelve Points Wealth Management

RIASEC Registered

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 owner-operated LLC that serves both high-net-worth individuals and institutional clients. The firm is registered with the SEC (registration year: 2017) and describes itself as a capital allocator, combining financial planning and discretionary portfolio management with fee arrangements that include percentage-of-AUM, hourly, and fixed-fee engagements. Advisory services listed on the firm’s ADV include financial planning, portfolio management for individuals/small businesses and for institutions, pension consulting, selection of other advisers, and client education through publications and workshops. The firm also operates as a broker-dealer/financial product salesperson and reports active ESG investing activity.