Opal Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 500 clients last fiscal year.
Opal Wealth Advisors reports 745 clients. They include 396 individual clients, 334 high-net-worth individuals, and 15 corporations and other businesses. Of its assets, 52.8% ($654M across 1,528 accounts) are managed with discretion; $585M across 883 accounts are not. Of its clients, 1% are outside the U.S. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 11% |
| High-net-worth individuals | 45% | 75% |
| Charitable organizations | Fewer than 5 | 11% |
| Corporations and other businesses | 2% | 3% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 396 | $132M | 10.7% | $334K |
| High-net-worth individuals | 334 | $931M | 75.2% | $2.79M |
| Charitable organizations | Fewer than 5 | $134M | 10.8% | — |
| Corporations and other businesses | 15 | $40.7M | 3.3% | $2.71M |
| Total | 745 | $1.24B | 100% | — |
- Clients
- 396
- Regulatory AUM
- $132M
- AUM share
- 10.7%
- Avg. per client
- $334K
- Clients
- 334
- Regulatory AUM
- $931M
- AUM share
- 75.2%
- Avg. per client
- $2.79M
- Clients
- Fewer than 5
- Regulatory AUM
- $134M
- AUM share
- 10.8%
- Avg. per client
- —
- Clients
- 15
- Regulatory AUM
- $40.7M
- AUM share
- 3.3%
- Avg. per client
- $2.71M
Total
- Clients
- 745
- Regulatory AUM
- $1.24B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 500
Opal Wealth Advisors charges 0.50%–1.50% a year for its Wealth Management Fees. The fee is billed in advance, is negotiable and has a $5,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Fixed fee for financial planning and consulting outside wealth management, negotiable and ranging from $1,000 to $10,000 by scope and complexity.
- Retirement Plan Consulting
- Fixed project-based or asset-based fee for retirement plan consulting, individually negotiated with each plan sponsor.
Lee Korn owns 25% to 50% of Opal Wealth Advisors. The leadership team of Opal Wealth Advisors includes Chief Operating Officer Christopher Clasen and Chief Compliance Officer Jamie Bruno. It has 20 employees, 9 of them in advisory roles.
Leadership
- Christopher ClasenChief Operating Officer
- Jamie BrunoChief Compliance Officer
- Lee KornManaging Member and Principal
- Jesse GiordanoManaging Member and Principal
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Chelsea Barrows
- Jonah H. Blumenthal
- Gino Carollo
- Katherine Mary Dean-Stahl
- Joseph Nino Filosa
- Daniel Lloyd Gibbons
- Jesse James Giordano
- Lee A Korn
- Matthew Paul Krouse
- Christine Nardella
Staff
- 20 employees
- 9 in advisory functions
- 10 state-registered reps
- 9 broker-dealer reps
- 9 insurance agents
- 1 soliciting firm
- Owns 25% to 50% of Opal Wealth Advisors, LLC
Lee Korn
Control person · since January 2019
- Owns 25% to 50% of Opal Wealth Advisors, LLC
Jesse Giordano
Control person · since January 2019
- Owns 5% to 10% of Opal Wealth Advisors, LLC
Christopher Clasen
Control person · since January 2021
Opal Wealth Advisors’ regulatory assets grew 2.6× from $472M (June 2021) to $1.24B (February 2026); clients rose from 311 to 745 and employees from 9 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $1.24B | 745 | 20 | 1 |
| July 2025 | $1.03B | 674 | 17 | 4 |
| March 2024 | $826M | 621 | 16 | 3 |
| March 2023 | $633M | 548 | 15 | 5 |
| March 2022 | $674M | 478 | 13 | 5 |
| June 2021 | $472M | 311 | 9 | 2 |
Besides its headquarters, Opal Wealth Advisors has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 2 Jericho Plaza, Suite 208, JerichoHQ
Contact and registration details
- Legal name
- Opal Wealth Advisors, LLC
- Headquarters
- 2 Jericho Plaza, Suite 208, Jericho, NY 11753
- Website
- opalwealthadvisors.com
- Phone
- 516-388-7980
- SEC file
- 801-114223
- Structure
- Delaware LLC
- Fiscal year end
- December
Opal Wealth Advisors uses Charles Schwab ($1.14B) as custodian for its separately managed accounts. Opal Wealth Advisors has custody of $466M in client assets for 398 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.14B100%
At year end, Opal Wealth Advisors’ separately managed accounts were mostly in funds (79%). Its reported 13F holdings for the quarter ended 30 June 2026 total $463M across 224 positions; the largest are Putnam ETF Trust (17.2%), Legg Mason ETF Invt (12.6%) and Vanguard Index Fds (10.5%).
What the accounts hold
- Stocks9%
- Funds79%
- Registered funds69%
- Pooled vehicles10%
- Bonds9%
- State and local bonds6%
- U.S. government and agency bonds3%
- Cash3%
Reported 13F holdings
- $463M
- Reported 13F value
- 224
- Positions
- 64.3%
- In the 10 largest
- +4.7%
- Value vs. prior quarter
- Putnam ETF Trust · Focused Lar Cap17.2%
- Legg Mason ETF Invt · Clearbridge Lrg12.6%
- Vanguard Index Fds · SM CP Val ETF10.5%
- Advisors Inner Circle FD Iii · Gqg US Equit ETF8.7%
- iShares TR · Core 1 5 YR Usd4.3%
- Apple Inc.2.9%
- Select Sector SPDR TR · ST Str Indl ETF2.5%
- J P Morgan Exchange Traded F · Ultra Sht Muncpl2.5%
- Nuveen Churchill Direct Lend · Com Shs1.7%
- SPDR Index Shs Fds · ST Str Acwi ETF1.3%
Together, the ten largest are 64.3% of reported value.
How many clients does Opal Wealth Advisors have?
Opal Wealth Advisors has 745 clients and manages $1.24 billion for them, as of February 2026. They include 396 individual clients, 334 high-net-worth individuals, and 15 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 February 2026
What services does Opal Wealth Advisors offer?
Opal Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, estate planning, insurance, philanthropic planning, retirement plan services, 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 Opal Wealth Advisors charge?
Opal Wealth Advisors charges 0.50%–1.50% a year for its Wealth Management Fees. The fee is billed in advance, is negotiable and has a $5,000 annual minimum.
Source: DISCLOSURE BROCHURE FOR OPAL WEALTH ADVISORS, LLC, filed 1 February 2026
Which custodians does Opal Wealth Advisors use?
Opal Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.14B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 February 2026
How many financial advisors does Opal Wealth Advisors have?
Opal Wealth Advisors has 10 investment adviser representatives registered with state securities authorities, out of 20 employees, and 9 perform investment advisory functions. 9 employees are registered representatives of a broker-dealer and 9 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 Opal Wealth Advisors invest in?
At the end of its last fiscal year, Opal Wealth Advisors’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 10% pooled vehicles (private funds and similar), 9% exchange-traded equities, 6% state and local bonds, 3% U.S. government and agency 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 Opal Wealth Advisors?
Opal Wealth Advisors’ direct owners are Lee Korn, Jesse Giordano and Christopher Clasen, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 14 February 2026
How does Opal Wealth Advisors get paid?
Opal Wealth Advisors 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 Opal Wealth Advisors?
Opal Wealth Advisors’ main office is at 2 Jericho Plaza, Suite 208, Jericho, NY 11753. Its phone number is 516-388-7980. Its website is opalwealthadvisors.com.