SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Vestwell Advisors LLC
New York, NY
CRD 284173
Firm filing updated July 15, 2026 ·
- $1BAssets
- 30Advisory staff
- 83,310Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals81,310
- Pension and profit sharing plans2,000
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 81,310 | $344.3 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2,000 | $681.8 million |
| Other investment advisors | Fewer than 5 clients | $0 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Other: "3(38) ERISA INVESTMENT MANAGER"
- Portfolio management for individuals and/or small businesses
- Other: "3(38) ERISA INVESTMENT MANAGER"
Assets and accounts
- Regulatory assets$1.0 billion
- Accounts83,310
People
- Employees30
- Advisory staff30
- Broker-dealer reps5
- Licensed insurance agents0
- Planning clients0
Advisors
6 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 284173, SEC file 801-107981.
- Registered with the SEC as an investment advisor (status date on record: July 15, 2016).
Is Vestwell Advisors LLC a fiduciary?
Short answer: Vestwell Advisors LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 5 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.