Forteris Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 26–50 clients last fiscal year.
Forteris Wealth Management reports 185 clients. They include 92 high-net-worth individuals, 83 individual clients, and 10 pension and profit-sharing plans. Of its assets, 99.2% ($217M across 541 accounts) are managed with discretion; $1.72M across 4 accounts are not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 11% |
| High-net-worth individuals | 50% | 83% |
| Pension and profit-sharing plans | 5% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 83 | $24.5M | 11.2% | $295K |
| High-net-worth individuals | 92 | $182M | 83.0% | $1.98M |
| Pension and profit-sharing plans | 10 | $12.6M | 5.8% | $1.26M |
| Total | 185 | $219M | 100% | $1.18M |
- Clients
- 83
- Regulatory AUM
- $24.5M
- AUM share
- 11.2%
- Avg. per client
- $295K
- Clients
- 92
- Regulatory AUM
- $182M
- AUM share
- 83.0%
- Avg. per client
- $1.98M
- Clients
- 10
- Regulatory AUM
- $12.6M
- AUM share
- 5.8%
- Avg. per client
- $1.26M
Total
- Clients
- 185
- Regulatory AUM
- $219M
- AUM share
- 100%
- Avg. per client
- $1.18M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Forteris Wealth Management charges 0.50%–1.00% a year for its Portfolio management services. The fee is billed in advance. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial consulting
- Financial consulting is billed at $250 an hour, negotiable, with 50% paid in advance and the rest on completion.
- Financial planning
- Financial planning is billed at $250 an hour, negotiable, with 50% paid in advance and the rest on completion.
Jay Furst owns 75% or more of Forteris Wealth Management. The leadership team of Forteris Wealth Management includes Chief Compliance Officer Jay Furst. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Forteris Wealth Management, Inc.
Jay Furst
Control person · since August 1993
Forteris Wealth Management’s regulatory assets grew 1.7× from $129M (March 2021) to $219M (March 2026); clients rose from 110 to 185 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $219M | 185 | 3 | 2 |
| Mar 2025March 2025 | $180M | 174 | 2 | 2 |
| Mar 2024March 2024 | $158M | 174 | 2 | 2 |
| Mar 2023March 2023 | $139M | 147 | 2 | 2 |
| Mar 2022March 2022 | $156M | 127 | 2 | 2 |
| Mar 2021March 2021 | $129M | 110 | 2 | 2 |
Besides its headquarters, Forteris Wealth Management has 1 office, with 2 listed addresses across 2 states.
New York · 1 listed address
- 200 Business Park Drive, Suite 211, ArmonkHQ
Texas · 1 listed address
- 16200 Dallas Parkway, Dallas
Contact and registration details
- Legal name
- Forteris Wealth Management, Inc.
- Headquarters
- 200 Business Park Drive, Suite 211, Armonk, NY 10504
- Website
- Not reported
- Phone
- 914-696-5300
- @forteris-wealth-management
- SEC file
- 801-44613
- Founded
- 1993
- Structure
- Delaware other (specify)
- Fiscal year end
- December
Forteris Wealth Management’s named custodian for separately managed accounts is Trade-PMR ($219M). Forteris Wealth Management does not have custody of client assets.
- Trade-PMRTrade-PMR Inc. · Gainesville, FL · $219M100%
At year end, Forteris Wealth Management’s separately managed accounts were mostly in stocks (71%) and funds (17%). Its reported 13F holdings for the quarter ended 31 March 2026 total $104M across 68 positions; the largest are Dimensional ETF Trust (7.0%), Dimensional ETF Trust (5.7%) and Dimensional ETF Trust (5.4%).
What the accounts hold
- Stocks71%
- Funds17%
- Bonds9%
- Cash3%
How many clients does Forteris Wealth Management have?
Forteris Wealth Management has 185 clients and manages $219 million for them, as of March 2026. They include 92 high-net-worth individuals, 83 individual clients, and 10 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Forteris Wealth Management offer?
Forteris Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Forteris Wealth Management charge?
Forteris Wealth Management charges 0.50%–1.00% a year for its Portfolio management services. The fee is billed in advance.
Source: FORTERIS WEALTH FIRM DISCLOSURE BROCHURE, filed 16 March 2026
Which custodians does Forteris Wealth Management use?
Forteris Wealth Management’s separately managed account assets are held at Trade-PMR Inc. (Gainesville, FL), with $219M. 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 March 2026
How many financial advisors does Forteris Wealth Management have?
Forteris Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Forteris Wealth Management invest in?
At the end of its last fiscal year, Forteris Wealth Management’s separately managed accounts held 71% exchange-traded equities, 17% registered funds (mutual funds, ETFs, BDCs), 9% investment grade corporate bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Forteris Wealth Management?
Forteris Wealth Management’s direct owner is Jay Furst (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Forteris Wealth Management get paid?
Forteris 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 Forteris Wealth Management?
Forteris Wealth Management’s main office is at 200 Business Park Drive, Suite 211, Armonk, NY 10504. Its phone number is 914-696-5300.
