How does the advisor help clients – Key Takeaways:
WAHED, a financial advisory firm, offers personalized services to its clients. They use a combination of technology and financial expertise to help clients achieve their financial goals. Their services include portfolio creation, investment management, and financial planning. As a financial expert, WAHED is committed to providing unbiased and ethical advice to its clients without stating it explicitly.
Facts and Insights:
WAHED has been in business since 2017 and currently manages assets worth over $45 million for its clients. The firm has a team of experienced and highly qualified advisors who use a Shariah-compliant investment approach to help clients grow their wealth.
One of the key insights about WAHED is their focus on technology, using an AI-powered portfolio creation tool that helps clients create diversified and personalized portfolios tailored to their risk tolerance and financial goals. This allows clients to have a more hands-on approach to managing their investments while still benefitting from professional advice.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $45 million | 10 | Since 2017 |
Financial Services Offered:
WAHED offers a range of financial services to its clients, including portfolio creation, investment management, and financial planning. Their unique portfolio creation tool uses AI technology to help clients build a customized investment portfolio that aligns with their financial goals and risk tolerance. Their investment management services use a Shariah-compliant approach to ensure that investments are made in accordance with Islamic principles.
Client Types:
WAHED caters to a diverse range of clients, including individuals, families, and institutional investors. Their personalized approach allows them to cater to clients with varying financial goals and risk tolerances. They also work with clients who are looking for Shariah-compliant investments, making them a preferred choice for clients seeking ethical investment options.
Fees & Compensation:
WAHED operates on a competitive and transparent fee structure, charging an annual fee of 0.39% of assets under management. They do not charge any additional account administration or trading fees. This transparent fee structure helps clients to have a clear understanding of what they are paying for and ensures that there are no hidden charges.
Background:
WAHED was founded in 2017 with a mission to provide ethical and professional financial advice to clients. The firm is headquartered in New York City and has a team of experienced and knowledgeable advisors who are committed to helping clients achieve their financial goals.
Financial Advisor Disclosures to Know:
As a financial advisor, WAHED is registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). They are also a fiduciary, meaning they are legally obligated to act in the best interest of their clients. This ensures that the advice provided by WAHED is unbiased and in the best interest of the client.