WaFd Wealth, Inc

WaFd Wealth, Inc. serves individuals, high net worth clients, trusts, estates, charitable organizations, corporations and retirement plans, managing $348,143,236 in client assets across 274 client relationships with a team of seven advisors. The firm offers financial planning, consulting, wealth management, investment management and retirement plan consulting services, including ERISA fiduciary services for plan sponsors.

Portfolios are tailored to client objectives and implemented using exchange-traded funds, individual equity and debt securities and selected independent managers, with WaFd Wealth employing fundamental, technical, top-down and bottom-up analysis across both discretionary and non-discretionary engagements. The firm monitors accounts on an ongoing basis, allocates based on risk tolerance and time horizon, and may recommend held-away products such as variable life insurance, annuities and employer-sponsored plans when appropriate.

Distinctive features include common ownership with a bank and an affiliated insurance agency, which the brochure discloses can create conflicts of interest when the firm recommends banking or insurance products and notes certain principals have loans from the related bank. The firm is also the sponsor and manager of a wrap fee program — and expects to manage most accounts through that program — and discloses receipt of implementation and transition support from its chosen custodian arrangement, all of which are noted as potential conflicts of interest in its Form ADV.