Able Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year. The firm advises 1 private fund.
Able Wealth Management reports 1,030 clients. They include 742 individual clients, 195 high-net-worth individuals, and 54 pension and profit-sharing plans. Of its assets, 100.0% ($580M across 2,109 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 18% |
| High-net-worth individuals | 19% | 66% |
| Pension and profit-sharing plans | 5% | 2% |
| Corporations and other businesses | 4% | 14% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 742 | $104M | 17.9% | $140K |
| High-net-worth individuals | 195 | $382M | 65.9% | $1.96M |
| Pension and profit-sharing plans | 54 | $14.3M | 2.5% | $265K |
| Corporations and other businesses | 39 | $79.7M | 13.8% | $2.04M |
| Total | 1,030 | $580M | 100% | $563K |
- Clients
- 742
- Regulatory AUM
- $104M
- AUM share
- 17.9%
- Avg. per client
- $140K
- Clients
- 195
- Regulatory AUM
- $382M
- AUM share
- 65.9%
- Avg. per client
- $1.96M
- Clients
- 54
- Regulatory AUM
- $14.3M
- AUM share
- 2.5%
- Avg. per client
- $265K
- Clients
- 39
- Regulatory AUM
- $79.7M
- AUM share
- 13.8%
- Avg. per client
- $2.04M
Total
- Clients
- 1,030
- Regulatory AUM
- $580M
- AUM share
- 100%
- Avg. per client
- $563K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 11–25
Able Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive Wealth Management
- Level 2 service: a flat 1.00% on all assets under management, in place of the tiered portfolio management schedule.
- Financial planning
- Financial planning is a negotiated fixed fee between $2,500 and $100,000, or an hourly fee between $250 and $500.
Seth Hodes owns 50% to 75% of Able Wealth Management. The leadership team of Able Wealth Management includes Chief Compliance Officer Seth Hodes. It has 7 employees, 5 of them in advisory roles.
Staff
- 7 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Able Wealth Management LLC
Seth Hodes
Control person · since July 2018
- Owns 50% to 75% of Able Wealth Management LLC
Yoel Kaplowitz
Control person · since July 2018
Able Wealth Management’s regulatory assets grew 3.1× from $189M (May 2023) to $580M (June 2026); clients rose from 648 to 1,030 and employees from 5 to 7. In 2022, Sterling Wealth Management ($109M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $580M | 1,030 | 7 | 2 |
| Jun 2025June 2025 | $322M | 760 | 8 | 2 |
| Mar 2024March 2024 | $244M | 719 | 6 | 2 |
| May 2023May 2023 | $189M | 648 | 5 | 2 |
Firms that joined
20221 joined
- Sterling Wealth ManagementLast filed AUM $109M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Able Wealth Management has 1 office, with 2 listed addresses across 2 states.
New Jersey · 1 listed address
- 185 Route 70, Unit 105, Toms RiverHQ
New York · 1 listed address
- 42 Broadway, 12th Floor, New York
Contact and registration details
- Legal name
- Able Wealth Management LLC
- Headquarters
- 185 Route 70, Unit 105, Toms River, NJ 08755
- Website
- ablewealth.com
- Phone
- 212-634-7842
- @18783479
- SEC file
- 801-128199
- Structure
- New Jersey LLC
- Fiscal year end
- December
Able Wealth Management’s named custodians for separately managed accounts include Charles Schwab ($279M, 57%), Fidelity ($184M, 38%) and Altruist ($22.7M, 5%). Able Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $279M57%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $184M38%
- AltruistAltruist Financial LLC · Culver City, CA · $22.7M5%
- MTGMTG, LLC · New York, NY · $3.36M1%
At year end, Able Wealth Management’s separately managed accounts were mostly in funds (81%). Its reported 13F holdings for the quarter ended 30 June 2026 total $436M across 182 positions; the largest are iShares TR (10.4%), iShares TR (9.9%) and Blackrock ETF Trust (5.1%).
What the accounts hold
- Stocks9%
- Funds81%
- Registered funds77%
- Pooled vehicles4%
- Cash8%
- Other2%
- Other investments include structured notes and variable annuities2%
How many clients does Able Wealth Management have?
Able Wealth Management has 1,030 clients and manages $580 million for them, as of June 2026. They include 742 individual clients, 195 high-net-worth individuals, and 54 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 June 2026
What services does Able Wealth Management offer?
Able Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Able Wealth Management use?
Able Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $279M, Fidelity Brokerage Services LLC (Smithfield, RI), with $184M, Altruist Financial LLC (Culver City, CA), with $22.7M and MTG, LLC (New York, NY), with $3.36M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 June 2026
How many financial advisors does Able Wealth Management have?
Able Wealth Management has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Able Wealth Management invest in?
At the end of its last fiscal year, Able Wealth Management’s separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 8% cash and equivalents, 4% pooled vehicles (private funds and similar) and 2% other. The 2% other category is described as: Other Investments Include Structured Notes and Variable Annuities. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Able Wealth Management?
Able Wealth Management’s direct owners are Seth Hodes (50% to 75%) and Yoel Kaplowitz (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 16 June 2026
How does Able Wealth Management get paid?
Able Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Able Wealth Management?
Able Wealth Management’s main office is at 185 Route 70, Unit 105, Toms River, NJ 08755. Its phone number is 212-634-7842. Its website is ablewealth.com.