Aps Wealth Management, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Aps Wealth Management, LLC
Overview
Aps Wealth Management, LLC is a financial advisor firm that has its headquarters in Melville, New York. Aps Wealth Management, LLC administers $189.9 million in total assets over 270 customer accounts, placing it in the mid-tier of financial advisory firms in the country by assets under management (AUM). Aps Wealth Management, LLC has a small team, including 4 financial advisors. Aps Wealth Management, LLC is not a registered broker-dealer, meaning the company cannot buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer firm to do so. Securities are exchangable financial assets such as bonds, stocks and options.
Aps Wealth Management, LLC manages most of its accounts on a discretionary basis. Discretionary management is a structure in which a portfolio manager has the discretion to make buy and sell choices for the client's account without needing client permission. It also administers 92 non-discretionary accounts with a total of $108.5 million in AUM. The advisory firm supervises roughly $703,217 for every account. The typical advisor at Aps Wealth Management, LLC oversees around 68 client accounts, placing it towards the middle in terms of personalization.
The company's headquarters is at 1 Huntington Quadrangle, Melville, New York 11747. Aps Wealth Management, LLC is legally allowed to serve customers throughout a number of states, including Florida, New Jersey and New York.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Aps Wealth Management, LLC by the Numbers
$189.9 million
6
270
$703.2 thousand
Products and Services
Aps Wealth Management, LLC provides a variety of services, which can consist of portfolio management for individuals and small businesses, pension consulting services and selection of other advisers. Aps Wealth Management, LLC does not sell products or offer services apart from investment advice to its investment advisory customers. The company is also affiliated with one or more other companies in the financial services industry, including with a pension consultant.
Core Advisor Services
-
Find a firm that offers this service
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees depend on the services offered. However, fee types billed by the firm may include some combination of the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 32% of firms
Fixed
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
Aps Wealth Management, LLC works with retail investors, high net worth investors and pension plans. Out of its 270 clients, Aps Wealth Management, LLC's largest client group by number of accounts is pension plans, although it also manages money for 19 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 in AUM or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are non-U.S. persons.
- High-Net-Worth Individuals* - 9.95%
- Other Individuals - 28.8%
- Corporations - 61.26%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Aps Wealth Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Aps Wealth Management, LLC
Melville, NY
Melville, NY
Melville, NY
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.