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Arena Wealth Management LLC

Updated today

Client AUM

$79,848,334

Clients

134

Advisors

2

of 2 employees

About

Arena Wealth Management is a two-advisor, fee-only registered investment adviser managing roughly $79.8 million for about 134 clients. The firm provides discretionary investment management and retirement plan consulting to individuals (including high-net-worth clients), employer-sponsored plans, and charitable organizations, and does not participate in wrap-fee or performance-based programs.

AWM’s investment process combines modern portfolio theory and fundamental analysis, using both passive and active vehicles and monitoring asset allocation and manager selection on an ongoing basis. The firm frequently uses Outside Managers and Separately Managed Accounts (SMAs), and recommends participation in a third-party direct-indexing and options program for clients where appropriate; account reviews are conducted at least quarterly and clients may impose written investment restrictions.

Compared with many similar small, supported advisers, AWM is a recently formed firm (registered in 2023) with a stated $500,000 minimum account size (waivable on a case-by-case basis) and a recent material change removing financial planning as a service. The firm uses an institutional custodian platform that provides research and practice-support services, relies on custodial valuations for fee calculations, and does not vote client proxies, leaving proxy decisions to clients.

Client services

Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management Passive / index investing Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)

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Fee options

Percentage

$0 - $2,500,000: 1.00% $2,500,001 - $5,000,000: 0.80% $5,000,001 - $10,000,000: 0.60% $10,000,001+: 0.40%

Other

Account minimum: $500,000 Fee-only: Fee-only firm; compensated solely by advisory fees from Clients; no commissions or sales-related compensation.

Main office

10331 Dawsons Creek Blvd, Suite D

Fort Wayne IN 46845

Advisors at this office

2

Most active in

Indiana · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

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Luke F

Series 65

Fort Wayne, IN

Arena Wealth Management LLC

Luke Friskney is a Series 65 licensed financial advisor at Arena Wealth Management LLC with two years of industry experience. His prior roles include positions at AMI Investment Management and work related to Noble Hawk Golf Links. He studied at Purdue University and has experience in both educational and other organizational environments. Arena Wealth Management is a fee-only registered investment adviser serving individuals, employer-sponsored plans, and charitable organizations. The firm employs a combination of modern portfolio theory and fundamental analysis, utilizing both passive and active investment vehicles along with Outside Managers and Separately Managed Accounts.

Wealth management Passive / index investing Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)

Ryan K

CFP®

Fort Wayne, IN

Arena Wealth Management LLC

Ryan Kay, CFP®, AIF®, launched Arena Wealth Management in 2023 after previously working for an independent wealth management firm. He also previously ran his own branch office for a national broker dealer. He has spent his entire professional career providing and implementing investment recommendations to families and institutions. Ryan graduated from Purdue University’s Daniels School of Business with a Bachelor of Science degree in Management. He currently serves as Chairman of Finance and a member of the Board of Directors for the Purdue Alumni Association and has served as a member of the Purdue University System Retirement Plan Committee. He is a past President of the Purdue Alumni Club of Fort Wayne, recipient of the 2015 Purdue University "Outstanding Young Alumni Award", and in 2021 received the "Alumni Service Award" from the Purdue Alumni Association. He received a Certificate in Financial Planning from Boston University and in 2016 was awarded the CFP® certification from the CFP Board. ​Ryan is a member of Greater Fort Wayne Business Weekly’s Forty Under 40 class of 2017. Ryan is a past Adjunct Lecturer at Purdue University, Fort Wayne (PFW) and previously served as the Treasurer of the Board of Directors for Power House Youth Center. He and his wife reside in Fort Wayne with their daughters.

Business ownership considerations Business exit / sale strategy Business succession planning Family Business Founder/Business Owner Intergenerational Families
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