Wavelet Advisors

Wavelet Advisors provides fee-based, discretionary portfolio management and investment advisory services to individuals, trusts, estates, charitable organizations, corporations and other business entities. While it uses a common percentage-of-AUM billing model for individual accounts, the firm also accepts institutional/business clients and provides portfolio management to those entities, a service offering that is relatively uncommon among peers of this size.

The firm applies a tactical allocation strategy grounded in fundamental analysis, implementing long-term equity holdings, option-writing (including covered options and spreads), fixed income, foreign securities, certificates of deposit and occasional interests in real estate partnerships. It generally holds positions for a year or more but may increase trading frequency during unusual market conditions, use cash as a hedge, and recommend reallocations or specific stock picks to adjust sector weightings or harvest gains and losses.

Wavelet manages roughly $9.6 million on a discretionary basis for a small client base and was founded in 2020, with the firm’s principal bringing extensive institutional asset-management experience and a part-time academic role. Operationally, the firm does not accept custody of client assets except for authorized fee deduction, does not charge performance-based fees, and clients retain proxy voting authority — administrative choices that distinguish it from some peers.