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New Wave Wealth Advisors

Updated today

Client assets under management

$383,254,978

Clients

496

22% high-net worth

Advisors

6

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

83

High

Average account size

$772,691

About

New Wave Wealth Advisors is a six-advisor registered investment adviser that manages approximately $386.8 million on a discretionary basis for individuals (including high-net-worth clients), employer-sponsored retirement plans, trusts, estates, and business entities. The firm provides ongoing asset management and continuous supervision, complimentary financial planning and consulting, retirement plan advisory services (including plan investment selection and monitoring), and recommendations of third‑party money managers when appropriate.

The firm manages client accounts on a discretionary basis and tailors advice to each client’s financial situation, using methods such as fundamental and technical analysis and modern portfolio theory and pursuing long‑term, short‑term, income, and hedging strategies as appropriate. Accounts are reviewed at least annually and managed separately, and the firm’s brochure notes that clients cannot impose restrictions on investing in certain securities or types of securities.

Noteworthy distinctions include offering financial planning on a complimentary basis and providing retirement plan services that can include acting as a 3(21) fiduciary and conducting in‑depth fund due diligence and monitoring. The firm also discloses that certain supervised persons are registered representatives of an unaffiliated broker‑dealer and licensed insurance agents (creating potential conflicts the firm addresses in its policies), maintains custody arrangements through Schwab Advisor Services, and uses Standing Letters of Authorization in limited circumstances.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Active portfolio management

Fee options

Percentage

Up to 2.50% annually (negotiable)

Main office location

New Wave Wealth Advisors

4403 S Thompson St, Ste 1

Springdale AR 72764, United States

Number of offices

2

Most active in

Arkansas · Louisiana · Missouri · Texas · Wyoming

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

Miranda D

Series 66

Springdale, AR

New Wave Wealth Advisors

Miranda Dubberly is a financial advisor with New Wave Wealth Advisors in Springdale, AR, holding a Series 66 designation and two years of industry experience. Prior to joining New Wave Wealth Advisors, she worked at Arvest Wealth Management and Arvest Bank. New Wave Wealth Advisors provides discretionary asset management and portfolio supervision for individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities. The firm combines fundamental and technical analysis with modern portfolio theory and offers financial planning and retirement plan consulting as part of its services.

Active portfolio management
user avatar

Caleb S

Series 66

Springdale, AR

New Wave Wealth Advisors

Caleb Smith is a financial advisor with New Wave Wealth Advisors in Springdale, AR, holding a Series 66 designation and 14 years of industry experience. He previously worked at Arvest Wealth Management and Arvest Asset Management. Caleb owns his advisory business through his LLC, Shamrock, and serves as a registered representative with DMK Advisor Group. New Wave Wealth Advisors provides discretionary asset management and financial planning services to individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities. The firm combines fundamental and technical analysis with modern portfolio theory and offers retirement plan consulting, including due diligence and third-party money manager recommendations.

Active portfolio management
user avatar

Dustin S

Series 63, Series 66

Springdale, AR

New Wave Wealth Advisors

Dustin Stanley is a financial advisor at New Wave Wealth Advisors with 18 years of industry experience. He holds Series 63 and Series 66 licenses and has worked at firms including Purshe Kaplan Sterling Investments and Arvest Wealth Management. Outside of his advisory role, he is a managing member and owner in the restaurant franchise NWA Pizza LLC (Papa John's). New Wave Wealth Advisors provides discretionary asset management and portfolio supervision for individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities. The firm combines fundamental and technical analysis with modern portfolio theory and offers financial planning and retirement plan consulting as part of its services.

Active portfolio management
user avatar

Kelly P

Series 66

Springdale, AR

New Wave Wealth Advisors

Kelly Penn is a financial advisor with New Wave Wealth Advisors in Springdale, Arkansas. He holds a Series 66 designation and has 24 years of industry experience. Prior to joining New Wave Wealth Advisors, he worked at Purshe Kaplan Sterling Investments and Hynes & Associates, and he has served as an elected City Clerk for Farmington since 2013. New Wave Wealth Advisors provides discretionary asset management and portfolio supervision for individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities. The firm combines fundamental and technical analysis with modern portfolio theory and also offers financial planning and retirement plan consulting services.

Active portfolio management
user avatar

Hannah S

Series 66

Springdale, AR

New Wave Wealth Advisors

Hannah Stanley is a financial advisor at New Wave Wealth Advisors with nine years of industry experience. She holds a Series 66 designation and has worked at several firms, including Purshe Kaplan Sterling Investments and Arvest Wealth Management. Outside of advisory work, she is a 50% owner and manager of New Wave Ventures, LLC, a holding company related to her firm's operations. New Wave Wealth Advisors provides discretionary asset management and portfolio supervision for individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities. The firm combines fundamental and technical analysis with modern portfolio theory and offers financial planning and retirement plan consulting services.

Active portfolio management
user avatar

Tomek S

Series 66

Springdale, AR

New Wave Wealth Advisors

Tomek Siwiec is a financial advisor at New Wave Wealth Advisors in Bentonville, AR, with 20 years of industry experience. He holds the Series 66 designation and has previously worked at Sowell Management and Arvest Asset Management. Outside of advising, he is a licensed insurance agent. New Wave Wealth Advisors serves individuals, high-net-worth clients, retirement plans, trusts, estates, and business entities by providing discretionary asset management, financial planning, and retirement plan consulting. The firm combines fundamental and technical analysis with modern portfolio theory and offers financial planning on a complimentary basis.

Active portfolio management
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