55 North Private Wealth logo

55 North Private Wealth

Updated today

Client assets under management

$540,641,002

Clients

152

67% high-net worth

Advisors

7

of 8 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

22

Very Low

Average account size

$3,556,849

About

55 North Private Wealth advises individuals and high-net-worth clients on wealth planning and investment management on a fee-only basis. Founded in February 2023 and 100% employee-owned, the firm reports $581,328,557 in assets under management, with $525,656,287 managed on a discretionary basis and $55,672,270 on a non-discretionary basis.

The firm customizes portfolios to a client’s entire financial structure and uses a predominantly quantitative approach that combines passive and active management via ETFs, mutual funds, and individual securities. 55North emphasizes matching portfolio co-variance to client liabilities and goals, and supplements core strategies with access to alternative and private investments for eligible investors.

A distinguishing practice for the firm is its use of borrowing in separately managed accounts, a capability the brochure highlights alongside its discussion of leverage and alternative-investment risks, which is uncommon among peer teams. 55North also operates with a team approach to client service and documents procedures such as standing letters of authorization and block trading, reflecting operational practices intended to support continuity and coordinated account management.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management General tax planning

Fee options

Percentage

Below $2.5MM - $2.5MM: 0.85% $2.5MM - $5MM: 0.75% $5MM - $7.5MM: 0.65% $7.5MM - $10MM: 0.55% $10MM - $12.5MM: 0.50% $12.5MM - $15MM: 0.45% $15MM - $17.5MM: 0.40% $17.5MM - $20MM: 0.35% $20MM - $25MM: 0.30% $25MM - $100MM: 0.25% Above $100MM+: 0.20%

Other

Account minimum: $1,000,000 Minimum fee: $8,500 annually ($2,125 per quarter) minimum fee Fee-only: Fee-only compensation from clients; no commissions or outside compensation received

Main office location

55 North Private Wealth

268 W New England Avenue

Winter Park FL 32789, United States

Number of offices

1

Most active in

Florida · New York · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Steven S

CFA®

Winter Park, FL

55 North Private Wealth

Steven Seager is a CFA® charterholder with one year of experience at 55 North Private Wealth. Prior to joining the firm, he worked at Lockheed Martin and held roles at MML Investors Services, Signature Wealth Advisors LLC, and Mass Mutual. 55 North Private Wealth is a fee-only, independent wealth management firm serving individuals and high-net-worth clients. The firm employs a quantitative investment process tailored to clients’ financial structures and offers comprehensive wealth planning alongside discretionary and non-discretionary portfolio management.

Wealth management General tax planning
user avatar

Andrew B

CFP®, Series 66

Winter Park, FL

55 North Private Wealth

Andrew Birkmire is a CFP® and holds a Series 66 license with six years of industry experience. He is currently with 55 North Private Wealth, where he has worked since 2024, following roles at Independent Financial Partners, Bank of America, and Merrill Lynch. Outside of finance, he has experience in the hospitality industry, including a position at Boots Steakhouse. 55 North Private Wealth is a fee-only, independent wealth management firm serving individuals and high-net-worth clients. The firm offers tailored investment management and comprehensive wealth planning, employing a quantitative process that integrates passive and active strategies to align portfolios with clients’ liabilities and goals.

Wealth management General tax planning
user avatar

Michael A

CFA®

Winter Park, FL

55 North Private Wealth

Michael Ackerman is a CFA® charterholder with three years of industry experience. He is currently with 55 North Private Wealth, where he has worked since 2023. Prior to this, he was with CI Brightworth and Tiffany Property Group. 55 North Private Wealth is an independent, fee-only wealth management firm serving individuals and high-net-worth clients. The firm uses a quantitative approach to tailor portfolios across a mix of passive and active strategies, focusing on clients’ entire financial structures and employing a multidisciplinary team.

Wealth management General tax planning
user avatar

Mark W

CFA®, Series 63

Winter Park, FL

55 North Private Wealth

Mark Wichrowski is a CFA® charterholder with two years of industry experience, currently serving as an advisor at 55 North Private Wealth. He previously worked at Bessemer Trust, Northern Trust, and Invesco. 55 North Private Wealth is an independent, fee-only wealth management firm serving individuals and high-net-worth clients. The firm employs a quantitative investment approach that integrates both passive and active strategies, providing comprehensive wealth planning through a multi-disciplinary team.

Wealth management General tax planning
user avatar

Stephen C

CFP®, CFA®, Series 65

Winter Park, FL

55 North Private Wealth

Stephen Curley is a CFP®, CFA®, and Series 65 credentialed advisor with 15 years of industry experience. He currently works at 55 North Private Wealth, joining the firm in 2023 after roles at Eaton Vance WaterOak Advisors and Water Oak Advisors, LLC. 55 North Private Wealth is a fee-only, independent wealth management firm serving individuals and high-net-worth clients. The firm offers investment management and comprehensive wealth planning, using a quantitative process that integrates passive and active strategies tailored to clients’ financial structures.

Wealth management General tax planning
user avatar

Darrell D

CFP®, Series 66

Winter Park, FL

55 North Private Wealth

Darrell Devaney is a CFP® professional with 26 years of industry experience. He is currently with 55 North Private Wealth and has previously worked at IFP Securities, LLC and LPL Financial LLC. 55 North Private Wealth is a fee-only, independent wealth management firm serving individuals and high-net-worth clients. The firm offers investment management alongside comprehensive wealth planning, using a quantitative process to tailor portfolios that integrate passive and active strategies across various securities.

Wealth management General tax planning
user avatar

Henry H

PFS™

Winter Park, FL

55 North Private Wealth

Henry Hostetter is a PFS™ credentialed advisor at 55 North Private Wealth with one year of industry experience. His prior work includes eleven years at CLA and a three-year retirement period before joining his current firm. 55 North Private Wealth is a fee-only, independent wealth management firm serving individuals and high-net-worth clients with comprehensive wealth planning and investment management. The firm employs a quantitative process to tailor portfolios to clients' financial structures, combining passive and active strategies across various securities.

Wealth management General tax planning
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