Prattes Wealth Partners
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$114,625,956
This total excludes 12 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
97
55% high-net worth
Advisors
1
of 5 employees
Firm type
Supported
1-3 advisors or $200M+ in AUM
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
97
HighAverage account size
$1,181,711
About
Prattes Wealth Partners provides investment management and financial planning services to a mix of individuals (including high‑net‑worth clients), family offices, institutions and pooled investment vehicles. The firm manages both discretionary and non‑discretionary accounts across public equities, fixed income, exchange‑traded funds and alternative strategies, and offers tailored financial planning engagements.
The firm’s investment process combines fundamental, technical and economic analysis to establish asset allocation, with ongoing monitoring, rebalancing and active trading as market conditions dictate. Prattes may employ derivatives, margin/borrowing in separately managed accounts, and recommend or invest client assets into private investment vehicles when appropriate, and it discloses that certain strategies may be compensated on a performance basis.
What is distinctive about the firm is that it acts as sponsor/manager of private funds (including Sonics56 and Opportunistic Private Allocation Fund, LLC) and accepts pooled-vehicle clients—roles that are uncommon for similarly sized supported advisers. The brochure also discloses affiliated investment activity (senior personnel’s separate management of the Edgebrook Fund) and potential side‑by‑side management considerations, which the firm addresses through disclosure and its internal policies.
Client services
Financial planning
Portfolio management
Pension consulting
Selection of other advisers
Expertise
Private / alternative investments
Options & derivatives strategies
Fee options
up to 1.5% annually (negotiable based on assets, services, and relationship)
$300 per hour for financial planning services
Performance fees ranging from 10% to 25% with high water marks or hurdles as agreed with clients
Fee-only: Investment management fees based on assets under management, and hourly fees for financial planning
Main office location
Prattes Wealth Partners
620 Newport Center Drive, Suite 1100
Newport Beach CA 92660, United States
Number of offices
1
Most active in
Prattes Wealth Partners has reported serving >5 clients in these states in the last 12 months.
California · Louisiana · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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