Prattes Wealth Partners
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$158,394,207
This total excludes 14 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
91
46% high-net-worth
Advisors
1
of 5 employees
Firm type
Supported
1-4 advisors or >$200M in AUM
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
91
HighAverage account size
$1,740,596
About
Prattes Wealth Partners provides investment management and financial planning to individuals (including high-net-worth clients), family offices, institutions, and pooled investment vehicles, managing roughly $243.6 million in client assets across discretionary and non-discretionary accounts. Services include ongoing portfolio management, written financial plans or verbal consultations, and implementation of asset allocations across equities, fixed income, ETFs and alternative strategies.
The firm’s investment process blends fundamental and technical analysis and uses active allocation and frequent trading when opportunities arise, while also offering discretionary and non‑discretionary management depending on client preference. Prattes may employ derivatives (options), futures, margin transactions and other strategies, and may recommend or place client capital into private investment vehicles when appropriate.
What distinguishes the firm from many peers is its role as an adviser and sponsor to private funds — specifically Sonics 56 and Opportunistic Private Allocation Fund, LLC — and its acceptance of pooled-vehicle clients, with private‑fund fees that can include performance-based compensation. The firm discloses performance fees in the 10–25% range (potentially subject to a high‑water mark or hurdle), notes side‑by‑side management considerations with other funds, may use borrowing in separately managed accounts, and requires applicable investor qualifications while using independent surprise examinations for custody oversight.
Client services
Financial planning
Portfolio management
Pension consulting
Selection of other advisers
Expertise
Private / alternative investments
Options & derivatives strategies
Active portfolio management
General estate planning guidance
General retirement planning
Fee options
up to 1.5% annually, negotiable based on assets under management, services, and relationship
$300 per hour for financial planning services
Performance Fees of 10% to 25% on capital gains/appreciation for certain proprietary investment strategies, subject to high water mark or hurdle
Fee-only: Investment Management Fee: maximum of 1.5% annually based on AUM, negotiated per client; Fees for private funds range from 0.50% to 2.00% plus possible performance fees; Financial Planning Fee: $300 per hour
Main office location
Prattes Wealth Partners
620 Newport Center Drive, Suite 1100
Newport Beach CA 92660, United States
Number of offices
1
Most active in
Prattes Wealth Partners has reported serving >5 clients in these states in the last 12 months.
California · Louisiana · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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