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.
Wahed
New York, NY
Wahed Invest LLC, CRD 242793
Firm filing updated June 15, 2026 ·
- $1.3BAssets
- 30,683Clients
- 1Advisory staff
- 30,683Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals30,377
- High net worth individuals300
- Investment companies3
- Corporations or other businesses3
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 30,377 | $213.5 million |
| High net worth individuals | 300 | $33.7 million |
| Investment companies | 3 | $1.0 billion |
| Corporations or other businesses not listed above | 3 | $1.1 million |
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
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$1.3 billion
- Accounts30,683
- Discretionary$248.3 million · 30,680 accounts
- Non-discretionary$1.0 billion · 3 accounts
People
- Employees9
- Advisory staff1
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients0
Advisors
1 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Wahed Invest LLC SEC-registered investment advisor. CRD 242793, SEC file 801-106499.
- Registered with the SEC as an investment advisor (status date on record: August 7, 2015).
Is Wahed a fiduciary?
Short answer: Wahed 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: 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.