Wells Street Advisors, LLC

Wells Street Advisors, LLC is an independent investment management firm that provides discretionary asset management to individuals, family offices, family groups, trusts, retirement plans, and pension and profit‑sharing plans, and it also acts as a sub‑adviser to other registered investment advisers. As disclosed in the brochure, the firm reported $475,000 of discretionary assets under management as of December 31, 2024 and operates with two advisory personnel and one client.

The firm’s investment process combines quantitative and computer‑based analysis, technical analysis, third‑party research and the use of outside vendors or software to inform portfolio decisions, and it offers a Protected Index Program (PIP) that uses longer‑term put purchases and shorter‑term covered call management on equities and ETFs to seek downside protection. WSA manages accounts on a discretionary basis (with client‑provided investment objectives and restrictions) and may aggregate and average‑price trades across similarly managed accounts.

WSA is wholly owned by an affiliated broker‑dealer and its advisory personnel are dually licensed, a structure that the brochure notes can give rise to transaction‑based compensation and oversight by FINRA/NFA; the firm also clears through established clearing firms and may recommend clients establish accounts at its affiliate. The firm’s combination of a broker‑dealer affiliation, explicit sub‑advisory relationships (including arrangements with a family office affiliate), and its very small reported asset base and client count are distinctive operational features called out in the brochure and relate to the firm’s described conflicts‑of‑interest and oversight arrangements.