Atlantic Wealth Partners, LLC (Jupiter)

Name: Atlantic Wealth Partners, LLC
Address: 759 Parkway Street, Jupiter, FL, 33477
Telephone: 561-632-0566

Atlantic Wealth Partners, LLC is an adviser based in Jupiter. It manages $73 million of regulatory assets for 336 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Florida.

Atlantic Wealth Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Atlantic Wealth Partners: assets under management

The assets under management (AUM) of Atlantic Wealth Partners, LLC is $73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $217.26 thousand each.

Atlantic Wealth Partners has custody of $73 million in cash and securities for 336 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 49% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Atlantic Wealth Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Atlantic Wealth Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Atlantic Wealth Partners is high net worth individuals with 280 clients and $63 million of assets under management. Among the 3 most similar advisory firms, Atlantic Wealth Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $73 million for 336 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Atlantic Wealth Partners doesn't advise any private funds.

Careers at Atlantic Wealth Partners, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Olson Wmg	Member	1 Oct 2017	75% - 100%	82-2130133
Stephen Thomas Olson	Chief compliance officer	1 Oct 2017	Other	6285609

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Thomas Olson	Trustee	1 Feb 2015	75% - 100%	6285609
2015 Stephen Thomas Olson Declaration Of Trust Dated February 25	Member	1 Oct 2017	75% - 100%	xxx-xx-xxxx

Based in Jupiter

The principal office where Atlantic Wealth Partners, LLC performs its advisory services is located at 759 Parkway Street, Jupiter, FL 33477, which is also the mailing address of the firm. An additional office of the firm is in West Palm Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-632-0566. The normal business hours are 9:30 am-4:00pm on Other. You can find more information about the New York firm at atlanticwealthpartners.com.