Open Wealth Management LLC

Open Wealth Management LLC is a Texas-registered, solo independent adviser that serves individuals and families, including senior corporate executives, owners of closely held businesses and other professionals. The firm provides discretionary wealth management, portfolio management and comprehensive financial planning, and reports managing approximately $1.34 million across about ten client relationships.

The adviser follows a long‑term, asset‑allocation driven approach, constructing portfolios from mutual funds, ETFs, ETNs and individual equity and fixed‑income securities and monitoring accounts for periodic reallocation. It typically manages accounts on a discretionary basis, documents client objectives and restrictions in an investment agreement, and provides rollover and implementation guidance as part of its planning services.

Notably, despite its small size and single‑advisor structure, the firm reports a significant non‑U.S. client base, a feature that is uncommon among independent advisers and affects its client servicing and compliance considerations. The firm also maintains customary operational practices—including direct fee debit arrangements, a usual $250,000 account minimum, and adoption of the CFA Institute Code of Ethics—while account reviews and investment oversight are conducted by the firm’s sole supervised person, who holds the CFA designation.