X1 WEALTH
X1 WEALTH LLC Legal Name
Adviser information for X1 WEALTH last updated from Form ADV on July 25th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 12 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 0 | $0 |
| Total | 0 | $0 |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses |
|---|---|
| Compensation | Fixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| X1 WEALTH WRAP PROGRAM | X1 WEALTH |
Identifiers
| SEC RIA File Number | 801-126884 |
|---|---|
| SEC ERA File Number | 801-126884 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 323713 |
| Legal Entity Identifier | None |
Principal Office
220 MORNING SUN AVEMILL VALLEY
CA
United States
Monday - Friday, 8:00 AM - 5:00PM
Tel: (415) 569-7473, Fax: None
Websites
Chief Compliance Officer
VALERIE SPEARE
OUTSOURCED CCO
548 MARKET STREET
SUITE 30684
SAN FRANCISCO
CA
United States
Tel:
(332)-262-4869
V*************@************M
(Full email address available in API data)
Industry Affiliates
| ROBINHOOD FINANCIAL, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| ROBINHOOD SECURITIES, LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| X1 INC. | Domestic Entity | – | SOLE MEMBER | 09/2022 | > 75% |
| RAO, DEEPAK, (NMN) | Individual | – | CHIEF EXECUTIVE OFFICER AND PRESIDENT | 09/2022 | < 5% |
| SPEARE, VALERIE, L | Individual | – | OUTSOURCED CHIEF COMPLIANCE OFFICER | 01/2023 | < 5% |
| Verma, Shiv | Individual | – | CHIEF FINANCIAL OFFICER | 07/2023 | < 5% |
| Shansky, Louis | Individual | – | SECRETARY | 07/2023 | < 5% |
| ROBINHOOD MARKETS, INC. | Domestic Entity | X1 INC. | MEMBER | 07/2023 | > 75% |