Wealthn LLC (Newtown Square)


Wealthn LLC is an investment adviser to an investment company based in Newtown Square. It manages $9.69 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Pennsylvania.

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Wealthn provides portfolio management for individuals and small businesses, portfolio management for investment companies, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthn: assets under management

The assets under management (AUM) of Wealthn LLC is $9.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 635% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.


The firm manages $9.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.94 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wealthn LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Wealthn serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Wealthn is investment companies with 1 clients and $8.49 million of assets under management. Among the 2 most similar advisory firms, Wealthn has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $9.69 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 40% of the firm’s clients are foreign persons or businesses.

Wealthn doesn't advise any private funds.

Careers at Wealthn LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives 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 don’t receive compensation from other entities for client referrals.

Janaya Moscony joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
David Pardee Foulke Chief financial officer 1 Nov 2017 Other 2721529
Yang Xu Chief executive officer 1 Mar 2018 Other 6316689
Jiayu Zhang Quantitative analyst 1 Jun 2018 Other 6940639
Tiger Fintech Holdings Inc. Parent/member 1 Aug 2018 75% - 100% 81-1141240
Janaya Moscony Chief compliance officer 1 Sep 2018 Other 7013611

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Up Fintech Global Holdings Limited Parent/shareholder 1 Jun 2018 75% - 100% foreign
Up Fintech Holding Limited Parent/shareholder 1 Jun 2018 75% - 100% foreign

Based in Newtown Square

The principal office where Wealthn LLC performs its advisory services is located at 3532 Muirwood Driver, Newtown Square, PA 19073, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 4848167801. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at tigershares.com.