Kaspian Wealth Management

Kaspian Wealth Management serves individual clients through ongoing asset management and retirement-plan advisory services, including the ability to act as an ERISA 3(38) investment manager for qualified plans. As a solo adviser managing about $9.0 million for roughly 34 clients, the firm documents client goals and provides portfolio construction, monitoring, and rebalancing.

The firm relies on third‑party models and back‑office services provided by Loring Ward (LWI Financial Inc.) to develop asset‑allocation models, produce reporting and handle billing, and it implements portfolios composed primarily of mutual funds, ETFs, and fixed‑income securities. Clients typically grant KWM discretionary trading authority for managed accounts, but custodians must be selected from a limited list required by the platform (Pershing, Fidelity, Schwab, or TD), and the adviser uses Loring Ward’s technology and the SA Funds in portfolio implementation.

Distinctive features include the principal’s outside businesses as a licensed CPA and insurance agent — approximately half of the principal’s time is spent on those activities — and the firm’s disclosed practice of offering related tax and insurance services that may generate separate compensation. KWM also maintains a close operational relationship with Loring Ward and Loring Ward Securities for trading and administration and does not vote client proxies, leaving proxy voting to clients unless assistance is requested.