San Francisco, CA Office

Penserra Wealth Management, LLC is an SEC‑registered investment adviser founded in August 2024 that provides discretionary portfolio management, pension consulting for employee benefit plans (on a non‑discretionary basis), and financial planning. The firm does not act as custodian for client assets and reported managing roughly $15 million in discretionary client assets as of September 10, 2026.

The firm employs a mix of analytical approaches—fundamental, technical, cyclical and economic analysis—and implements strategies that include strategic asset allocation, long‑ and short‑term purchases, ETFs, mutual funds, options and certain alternative investments. Portfolio management is generally exercised on a discretionary basis, while plan‑level pension consulting and participant education remain non‑discretionary; the firm also uses trade aggregation and model inputs alongside professional judgment.

Penserra is affiliated with other Penserra entities, including a broker‑dealer that serves institutional clients and affiliated investment managers that sub‑advise ETFs and manage institutional mandates, and the brochure discloses these relationships and associated conflicts along with mitigation measures (employee salary arrangements and internal policies restricting discussion of certain sub‑advised funds). The firm also notes operational distinctions such as its use of Schwab Advisor Services as custodian and support provider, limited custody related to fee withdrawal and standing letters of authorization, and a policy that clients retain proxy‑voting responsibility rather than the firm voting proxies.