Matthias Private Wealth, LLC

Updated today

Find your advisor

Client assets under management

$238,988,446

Clients

77% high-net worth

Advisors

of 12 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Low

Average account size

$5,557,871

About

Matthias Private Wealth serves high‑net‑worth and individual clients, as well as trusts, estates, charitable organizations, corporations, limited liability companies and retirement plans, providing discretionary and non‑discretionary portfolio management together with financial, estate and charitable planning. The firm also offers tax planning and preparation, tax coordination, consulting, bookkeeping, bill‑pay and special‑asset transaction services in conjunction with its investment advisory work and typically charges percentage‑of‑AUM fees for portfolio management.

The firm develops customized Investment Plans for each client, applying fundamental analysis (and occasional technical analysis), allocating across public equities, fixed income, private placements and alternative vehicles, and engaging Sub‑Advisers when appropriate while considering tax implications in rebalancing. Matthias manages accounts on both a discretionary and non‑discretionary basis, has recently implemented in‑house trading capabilities, and coordinates services with outside professionals and affiliated service providers when clients request integrated advice.

Notable differences from many peers include a relatively large asset base per advisor—over $240 million in total AUM across a small advisory team—and formal affiliations with a law practice and a business consulting entity that can provide or coordinate legal, tax and consulting work alongside investment management. The firm also discloses board and advisory relationships with outside financial institutions and privately offered funds, and maintains operational controls (including retaining an independent accounting firm for surprise audits) to address custody, in‑house trading and related conflicts of interest.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Charitable giving & philanthropy Wealth management

Fee options

Fixed

Flat fees may be charged for bookkeeping and bill pay services, often payable quarterly in advance as either a flat fee or percentage of assets under management; flat fees may also be negotiated for special asset transactions and ancillary services

Project-based

Hourly fees charged for financial planning services exceeding three hours annually and for certain consulting services; specific hourly rates are negotiated with clients

Other

Account minimum: $5 million Minimum fee: Minimum annual fee of $50,000 ($12,500 per quarter) applies to accounts below $5 million Fee-only: Fees are generally a percentage of assets under management, but flat fees may be negotiated on a case-by-case basis

Main office location

Matthias Private Wealth, LLC

700 West Morse Boulevard, Suite 201

Winter Park FL 32789, United States

Number of offices

Most active in

Florida

Disclosures

Business activities & affiliations

Is active or affiliated with:

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Website 407-691-3300

Advisors at this firm

Justin E

CFA®, Series 63, Series 65

Winter Park, FL

Matthias Private Wealth, LLC

Justin Ellsesser is a CFA® charterholder with two years of industry experience. He is currently the sole advisor at Matthias Private Wealth, LLC, having previously worked at Mariner, Missouri Local Government Employees Retirement System, and Lepercq Lynx Investment Advisory LLC. Matthias Private Wealth serves a diverse client base including individuals, trusts, estates, and charitable organizations, offering customized investment plans and a range of services such as portfolio management, financial and estate planning, tax preparation, and consulting. The firm’s investment approach combines fundamental analysis with tailored strategies and coordination with affiliated legal and consulting professionals.

Charitable giving & philanthropy Wealth management

Richard M

Series 65

Winter Park, FL

Matthias Private Wealth, LLC

Richard Matthias is the principal of Matthias Private Wealth, LLC in Winter Park, FL, with eight years of experience in financial advising. He holds a Series 65 designation and has operated his wealth management firm since 2017. In addition to his advisory role, Matthias is managing partner of Matthias & Matthias, PLLC, a law firm specializing in estate planning, asset protection, tax issues, trust administration, and business consulting. He also serves on the board of directors and several committees at First American Bank of Chicago. Matthias Private Wealth serves individuals, trusts, estates, charitable organizations, corporations, and pension plans, providing discretionary and non-discretionary portfolio management alongside financial, estate, and charitable planning. The firm creates customized investment plans based on clients’ financial circumstances and risk tolerance, using a mix of public and private securities, fixed income, mutual funds, ETFs, and alternative investments, with coordinated legal and tax support from affiliated professional entities.

Charitable giving & philanthropy Wealth management

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

Find the right match for you

Answer a few quick questions and we'll tailor results to your goals, so you can hire smarter.

Find your advisor

A smarter way to hire an advisor

Compare and choose confidently

Warmer combines best-in-class advisor data with guidance to help you clarify what you need, understand why an advisor may—or may not—fit, and move forward with confidence.

How Warmer works

Thoughtfully vetted, clearly explained

We review rigorously and transparently

Get to know your advisors' credentials, disciplinary history, specialization, client fit, and communication style. We're selective about who we recommend—and tell you why we think someone fits your situation.

Our methodology

Always free and always on your side

Free. Confidence that lasts

We help you book free consultations with your matches. You only pay an advisor if you decide to hire them. And our support doesn't end with an introduction—we're here to make sure the relationship works for you—and if not, to navigate next steps with clarity.

Our ongoing support