About Abacus Wealth Partners
Abacus Wealth Partners is a company based in Santa Monica (United States) founded in 1988 by Spencer Sherman and Brent Kessel. It operates as a B2C, and Fee-Based Advisory. The company has 86 employees as of December 31, 2022. Abacus Wealth Partners offers products and services including Comprehensive Financial Planning, Investment Management, Women & Money Services, and LGBTQ & Money Services. Abacus Wealth Partners operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others.
- Headquarter Santa Monica, United States
- Employees 86 as on 31 Dec, 2022
- Founders Spencer Sherman, Brent Kessel
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Abacus Wealth Partners, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
86
as on Dec 31, 2022
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Products & Services of Abacus Wealth Partners
Abacus Wealth Partners offers a comprehensive portfolio of products and services, including Comprehensive Financial Planning, Investment Management, Women & Money Services, and LGBTQ & Money Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers holistic advice for personal financial goals and strategies
Manages portfolios to align with client values and reduce anxiety
Provides tailored financial planning for women
Delivers financial advice for the LGBTQ community
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Funding Insights of Abacus Wealth Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Abacus Wealth Partners
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abacus Wealth Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Abacus Wealth Partners Comparisons
Competitors of Abacus Wealth Partners
Abacus Wealth Partners operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Wealth management, investment advisory, and financial services are provided.
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| domain | founded_year | HQ Location |
Northwestern Mutual is engaged in financial planning and insurance services.
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| domain | founded_year | HQ Location |
Retirement, investment, and insurance products and services are provided.
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| domain | founded_year | HQ Location |
Asset management and investment advisory services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abacus Wealth Partners
Frequently Asked Questions about Abacus Wealth Partners
When was Abacus Wealth Partners founded?
Abacus Wealth Partners was founded in 1988.
Where is Abacus Wealth Partners located?
Abacus Wealth Partners is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Abacus Wealth Partners?
Brent Kessel is the current CEO of Abacus Wealth Partners. They have also founded this company.
How many employees does Abacus Wealth Partners have?
As of Dec 31, 2022, the latest employee count at Abacus Wealth Partners is 86.
What does Abacus Wealth Partners do?
Abacus Wealth Partners is an SEC-registered investment adviser that delivers comprehensive financial planning and investment management to individuals and families. They focus on aligning money with personal values, reducing financial anxiety, and offering services like impact investing. Operating from offices in California and Pennsylvania, they serve clients across 42 states, emphasizing personalized strategies for various demographics including women and the LGBTQ community.
Who are the top competitors of Abacus Wealth Partners?
Abacus Wealth Partners's top competitors include Fidelity Investments, Investec and S&P Global.
What products or services does Abacus Wealth Partners offer?
Abacus Wealth Partners offers Comprehensive Financial Planning, Investment Management, Women & Money Services, and LGBTQ & Money Services.