Curated Wealth Partners, LLC (El Segundo)

Name: Curated Wealth Partners, LLC
Address: 2321 Rosecrans Avenue, El Segundo, CA, 90245
Telephone: 310-356-0830

Curated Wealth Partners, LLC is a large advisory firm based in El Segundo. It manages $120.17 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Delaware, Florida, New York, and South Dakota.

Curated Wealth Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Curated Wealth Partners: assets under management

The assets under management (AUM) of Curated Wealth Partners, LLC is $120.17 million. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.31 million in discretionary accounts and $22.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.89 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.43 million.

Curated Wealth Partners has custody of $725 thousand in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is state and local bonds, which make up 21% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Curated Wealth Partners, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Curated Wealth Partners serves?

The only and largest group of clients of Curated Wealth Partners is high net worth individuals with 13 clients and $120.17 million of assets under management. Among the 8 most similar advisory firms, Curated Wealth Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $120.17 million for 13 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Curated Wealth Partners doesn't advise any private funds.

Careers at Curated Wealth Partners, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lee Benjamin Hutter	Managing member	1 Sep 2018	50% - 75%	2615576
Susan Dawn Moffat	Managing member and chief compliance officer	1 Sep 2018	Other	4348539
Richard Alan Ward	Managing member	1 Sep 2018	Other	4783852

Based in El Segundo

The principal office where Curated Wealth Partners, LLC performs its advisory services is located at 2321 Rosecrans Avenue, El Segundo, CA 90245, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-356-0830. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at curatedwealthpartners.com.