Hedge Fund Database

ABACUS WEALTH PARTNERS

ABACUS WEALTH PARTNERS, LLC Legal Name

Adviser information for ABACUS WEALTH PARTNERS last updated from Form ADV on March 26th, 2024. 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 Pennsylvania, United States

Employees

Total Number of Employees 71
Investment Advisory/Research 36
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 36
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 3

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 5,790 $3.1B
Non-Discretionary 14 $1.6M
Total 5,804 $3.1B

Clients

Type Number RAUM
Individuals 1,045 $738.6M
HNW Individuals 496 $2.2B
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 2 $16.9M
Pension and profit sharing plans 8 $37.1M
Charitable organizations 14 $174.9M
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 5 $7.3M
Other 0 $0
Type Number
No. of Non-RAUM Clients 30
No. of Non-U.S. Clients 1
No. of Financial Planning Clients 1300

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsCONSULTING SERVICES
Compensation % of AUMFixed feesPerformance-based fees

Identifiers

SEC RIA File Number 801-62557
SEC ERA File Number 801-62557
SEC CIK Numbers 1978011
SEC CRD Numbers 128590
Legal Entity Identifier None

Principal Office

429 SANTA MONICA BLVD.
SUITE 500
SANTA MONICA
CA
United States
Monday - Friday, 9:00AM TO 5:00 PM
Tel: 888-422-2287, Fax: None

Websites

www.abacuswealth.com www.nextstepwealth.com twitter.com/abacuswealth www.linkedin.com/company/abacus-wealth-partners www.facebook.com/abacuswealth workablewealth.com www.instagram.com/marybstorj www.pinterest.com/workablewealth www.lambfinancialplanning.com twitter.com/marybstorj www.doneby60.com

Chief Compliance Officer

JESSICA LU-BUETOW
CHIEF COMPLIANCE OFFICER
429 SANTA MONICA BLVD.
SUITE 500
SANTA MONICA
CA
United States
Tel: 424 229-6748
(Full email address available in API data)

Regulatory Contact

NEELA HUMMEL
CO CEO
429 SANTA MONICA BLVD.
SUITE 500
SANTA MONICA
CA
United States
Tel: 424 229-6742
(Full email address available in API data)

Industry Affiliates

ALIGN IMPACT, LLC Other investment adviser, including financial planners

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
ABACUS SUSTAINABLE FUND, LP Private Equity Fund $0.5M $0.1M 57
ALIGN IMPACT FUND, LP Private Equity Fund $16.4M $0.1M 50

Control Persons

Name Type Entity Title Since Ownership
SHERMAN, SPENCER, DAVID Individual – CO-FOUNDER 01/2004 < 5%
KESSEL, BRENTON, WARWICK Individual – CO-FOUNDER 01/2004 < 5%
SHERMAN FINANCIAL, INC. Domestic Entity – VOTING MEMBER 01/2004 25-50%
ABACUS WEALTH MANAGEMENT, INC. Domestic Entity – VOTING MEMBER 01/2004 25-50%
SHERMAN, SPENCER, DAVID Individual SHERMAN FINANCIAL, INC. SHAREHOLDER 12/1993 > 75%
KESSEL, BRENTON, WARWICK Individual ABACUS WEALTH MANAGEMENT, INC. SHAREHOLDER 01/1998 > 75%
PORTER, BARRETT, SEAN Individual – FINANCIAL ADVISOR AND PARTNER 01/2013 < 5%
LU, JESSICA Individual – CHIEF COMPLIANCE OFFICER 07/2013 < 5%
BRENNER, GABRIEL, STEPHEN Individual – BOARD MEMBER 01/2015 < 5%
HUMMEL, NEELA, BUSHNELL Individual – CO-CEO 01/2015 < 5%
WOLF, BARBARA, JACOBS Individual – BOARD MEMBER 01/2018 < 5%
STORJOHANN, MARY, ELIZABETH Individual – CO-CEO 03/2019 < 5%
YU, WALTER Individual – BOARD MEMBER 01/2021 < 5%
RIVERA, MATTHEW, JOHN Individual – CO-CIO/PARTNER 01/2022 < 5%
WOODWARD, LINDSEY, SHEA Individual – CO-CIO/PARTNER 01/2022 < 5%
Paganin, Jorge Individual – CFO/PARTNER 01/2022 < 5%

No. Employees, Historic

8040020202021202220232024202564 on 3/31/202064 on 5/1/202064 on 3/31/202165 on 3/30/202265 on 7/6/202265 on 11/4/202265 on 11/4/202265 on 12/7/202265 on 12/12/202271 on 3/8/202371 on 3/26/2024

RAUM, Historic

4B2B02020202120222023202420252725664558 on 3/31/20202725664558 on 5/1/20203749645000 on 3/31/20213430572600 on 3/30/20223430572600 on 7/6/20223430572600 on 11/4/20223430572600 on 11/4/20223430572600 on 12/7/20223430572600 on 12/12/20222834445228 on 3/8/20233137060878 on 3/26/2024

No. Clients, Historic

2,0001,00002020202120222023202420251573 on 3/31/20201573 on 5/1/20201665 on 3/31/20211535 on 3/30/20221535 on 7/6/20221535 on 11/4/20221535 on 11/4/20221535 on 12/7/20221535 on 12/12/20221529 on 3/8/20231570 on 3/26/2024

Holdings

From latest 13F, filed July 11th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M CO COM 213K 2K 0
ABBVIE INC COM 259K 2K 0
ADVANCED MICRO DEVICES INC COM 756K 5K 0
ALPHABET INC CAP STK CL C 897K 5K 0
ALPHABET INC CAP STK CL A 603K 3K 0
AMAZON COM INC COM 1M 6K 0
AMGEN INC COM 206K 660 0
APPLE INC COM 8M 38K 0
BECTON DICKINSON & CO COM 473K 2K 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 2M 5K 0
CANADIAN PACIFIC KANSAS CITY COM 233K 3K 0
CATERPILLAR INC COM 584K 2K 0
CHEVRON CORP NEW COM 582K 4K 0
CISCO SYS INC COM 309K 7K 0
COSTCO WHSL CORP NEW COM 2M 2K 0
DANAHER CORPORATION COM 670K 3K 0
DEERE & CO COM 281K 751 0
DIMENSIONAL ETF TRUST US CORE EQUITY 2 5M 170K 0
DIMENSIONAL ETF TRUST US SUSTAINABILTY 32M 916K 0
DIMENSIONAL ETF TRUST US SMALL CAP ETF 867K 14K 0
DIMENSIONAL ETF TRUST INTL SMALL CAP V 21M 786K 0
DIMENSIONAL ETF TRUST WORLD EX US CORE 255K 10K 0
DIMENSIONAL ETF TRUST GLOBAL SUSTAINA 95M 2M 0
DIMENSIONAL ETF TRUST GLOBAL REAL EST 776K 31K 0
DIMENSIONAL ETF TRUST US MKTWIDE VALUE 6M 149K 0
DIMENSIONAL ETF TRUST EMERGING MARKETS 14M 430K 0
DIMENSIONAL ETF TRUST US TARGETED VLU 63M 1M 0
DIMENSIONAL ETF TRUST US EQUITY ETF 2M 28K 0
DIMENSIONAL ETF TRUST INTERNATNAL VAL 548K 15K 0
DIMENSIONAL ETF TRUST INTERNATIONAL 15M 461K 0
DISNEY WALT CO COM 286K 3K 0
EATON CORP PLC SHS 1M 3K 0
ELI LILLY & CO COM 498K 550 0
EMERSON ELEC CO COM 214K 2K 0
EXXON MOBIL CORP COM 460K 4K 0
FORGE GLOBAL HOLDINGS INC COM 1M 943K 0
GE AEROSPACE COM NEW 244K 2K 0
GERDAU SA SPON ADR REP PFD 46K 14K 0
HOME DEPOT INC COM 234K 679 0
HUBBELL INC COM 257K 704 0
INTERNATIONAL BUSINESS MACHS COM 234K 1K 0
INVESCO EXCHANGE TRADED FD T FTSE RAFI 1000 342K 9K 0
INVESCO QQQ TR UNIT SER 1 479K 1K 0
ISHARES TR RUS 1000 ETF 363K 1K 0
ISHARES TR ESG AWRE 1 5 YR 2M 72K 0
ISHARES TR S&P 100 ETF 424K 2K 0
ISHARES TR RUSSELL 2000 ETF 399K 2K 0
ISHARES TR CORE S&P500 ETF 491K 898 0
JOHNSON & JOHNSON COM 751K 5K 0
JPMORGAN CHASE & CO. COM 520K 3K 0
LOWES COS INC COM 567K 3K 0
MANAGER DIRECTED PORTFOLIOS VERT GLB SUST RE 142M 15M 0
MANHATTAN BRDG CAP INC COM 52K 52K 0
MERCK & CO INC COM 1M 11K 0
META PLATFORMS INC CL A 212K 421 0
MICROSOFT CORP COM 4M 8K 0
MOTOROLA SOLUTIONS INC COM NEW 412K 1K 0
NUSHARES ETF TR NUVEEN ESG EMRGN 30M 1M 0
NUSHARES ETF TR NUVEEN ESG SMLCP 47M 1M 0
NUSHARES ETF TR NUVEEN ESG MIDVL 29M 866K 0
NVIDIA CORPORATION COM 6M 45K 0
ORACLE CORP COM 3M 20K 0
PEPSICO INC COM 256K 2K 0
PHILLIPS 66 COM 326K 2K 0
PROCTER AND GAMBLE CO COM 690K 4K 0
QUALCOMM INC COM 220K 1K 0
ROBERT HALF INC. COM 424K 7K 0
SPDR S&P 500 ETF TR TR UNIT 3M 6K 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 454K 3K 0
TESLA INC COM 607K 3K 0
TEXAS INSTRS INC COM 363K 2K 0
TIDAL ETF TR ADASINA SOCIAL 41M 2M 0
TIDAL TRUST III AFFORDABLE HOUS 1M 65K 0
UNION PAC CORP COM 1M 4K 0
VANGUARD BD INDEX FDS INTERMED TERM 713K 10K 0
VANGUARD INDEX FDS LARGE CAP ETF 442K 2K 0
VANGUARD INDEX FDS TOTAL STK MKT 729K 3K 0
VANGUARD INDEX FDS REAL ESTATE ETF 230K 3K 0
VANGUARD INDEX FDS GROWTH ETF 497K 1K 0
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 2M 26K 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 1M 7K 0
VANGUARD WORLD FD ESG US STK ETF 218K 2K 0
VISA INC COM CL A 363K 1K 0