TARA Wealth logo

TARA Wealth

Updated today

Client assets under management

$13,395,135

Clients

36

28% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

18

Very Low

Average account size

$372,087

About

TARA Wealth provides investment management and comprehensive financial planning to individuals, couples, high‑net‑worth clients, charitable organizations, and business owners. The firm offers bundled Total Wealth Management and standalone planning engagements and generally conducts meetings virtually, supplemented by phone and email communication.

Investment implementation emphasizes passive, asset‑class portfolios (index funds and ETFs) and the firm can operate under discretionary authority for managed accounts. In contrast to most peers, a slightly larger share of the assets TARA Wealth advises are maintained in advisory/financial‑planning relationships (non‑discretionary) rather than in discretionary managed portfolios.

The firm is a small, two‑advisor practice whose principals hold CFP® credentials and are also licensed to recommend insurance and annuity products (commissions from those sales are disclosed to clients). Custody is maintained with a qualified third‑party custodian and TARA Wealth does not vote client proxies, leaving proxy voting and corporate action decisions to clients unless otherwise requested.

Client services

Financial planning Portfolio management Consulting

Expertise

Equity Recipients (RS/RSU, SOP, ESPP) Business ownership considerations Retirement income strategy General estate planning guidance Cash flow / budgeting

Occupation focus

Founder/Business Owner

Fee options

Fixed

Initial setup fee for financial planning starting at $1,000; annual fixed financial planning fees starting at $4,500

Percentage

$0 - $1,000,000: Flat fee $10,000 (individual), $12,000 (household), $15,000 min (business owner) $1,000,000 - $3,000,000: 0.75% $3,000,000 - $5,000,000: 0.65% $5,000,000 - $10,000,000: 0.30% $10,000,000+: Negotiable

Project-based

$400 per hour for financial planning with 2-hour minimum

Other

Account minimum: $1,000,000 Minimum fee: Flat fee of $10,000 for first $1 million (individual), $12,000 for household, $15,000 minimum for business owner Fee-only: Comprehensive Financial Planning fees starting at $4,500 annually (billed quarterly) plus initial setup fee starting at $1,000; hourly financial planning at $400/hour with 2-hour minimum

Main office location

TARA Wealth

Durham NC, United States

Number of offices

2

Most active in

California · North Carolina

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

Amber S

Series 63, Series 65

Durham, NC

TARA Wealth

Amber Schiffert is a financial advisor at TARA Wealth with seven years of industry experience. She holds Series 63 and Series 65 licenses and has previously worked at firms including MML Investors Services, MassMutual, and Northwestern Mutual. Outside of her advisory role, she teaches group fitness classes as a modern Pilates instructor. TARA Wealth serves individual and high-net-worth clients, couples, charitable organizations, and businesses by offering Total Wealth Management, discretionary investment management, and comprehensive financial planning. The firm primarily employs a passive investment approach using index mutual funds and ETFs, and it manages accounts both discretionarily and non-discretionarily.

Equity Recipients (RS/RSU, SOP, ESPP) Business ownership considerations Retirement income strategy General estate planning guidance Cash flow / budgeting Founder/Business Owner
user avatar

Amanda D

CFP®, Series 63, Series 65

Durham, NC

TARA Wealth

Amanda Decesar is a CFP® professional with 17 years of industry experience. She is currently with TARA Wealth in Durham, NC, where she has worked since 2023. Her prior experience includes roles at MML Investors Services, Mass Mutual Life Insurance Company, JPMorgan Chase Bank, and J.P. Morgan Securities. She is also licensed as a life insurance agent. TARA Wealth serves individual and high-net-worth clients, couples, charitable organizations, and businesses, providing Total Wealth Management, discretionary investment management, and comprehensive financial planning. The firm primarily uses a passive investment approach with index mutual funds and ETFs, delivering financial planning as an ongoing engagement and managing accounts both discretionarily and non-discretionarily.

Equity Recipients (RS/RSU, SOP, ESPP) Business ownership considerations Retirement income strategy General estate planning guidance Cash flow / budgeting Founder/Business Owner
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