Passport Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
Passport Wealth Management reports 77 clients. They include 46 individual clients and 31 high-net-worth individuals. Of its assets, 90.7% ($105M across 377 accounts) are managed with discretion; $10.7M across 32 accounts are not. Of its clients, 8% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 22% |
| High-net-worth individuals | 40% | 78% |
| Charitable organizations | Fewer than 5 | <1% |
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) | 46 | $25.4M | 22.0% | $552K |
| High-net-worth individuals | 31 | $89.9M | 78.0% | $2.9M |
| Charitable organizations | Fewer than 5 | $54.9K | 0.0% | — |
| Total | 77 | $115M | 100% | — |
- Clients
- 46
- Regulatory AUM
- $25.4M
- AUM share
- 22.0%
- Avg. per client
- $552K
- Clients
- 31
- Regulatory AUM
- $89.9M
- AUM share
- 78.0%
- Avg. per client
- $2.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $54.9K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 77
- Regulatory AUM
- $115M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 8%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Passport Wealth Management is paid through a percentage of assets under management 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
- Personal Tax Return Preparation
- Tax return fees depend on return complexity and recordkeeping quality, may be negotiable, and are due on completion.
- Retirement Plan Consulting
- Retirement plan consulting is an annual fee of 0.50% of assets, negotiable, paid quarterly in arrears.
Daniel Tobias owns 75% or more of Passport Wealth Management. The leadership team of Passport Wealth Management includes Chief Compliance Officer Daniel Tobias. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Passport Wealth Management LLC
Daniel Tobias
Control person · since June 2018
Besides its headquarters, Passport Wealth Management has 0 offices, with 1 listed address in 1 state.
North Carolina · 1 listed address
- 17505 W Catawba Ave #200, CorneliusHQ
Contact and registration details
- Legal name
- Passport Wealth Management LLC
- Headquarters
- 17505 W Catawba Ave #200, Cornelius, NC 28031
- Website
- passportwm.com
- Phone
- 704-457-0060
- @passport-wealth-management
- SEC file
- 801-134799
- Structure
- North Carolina LLC
- Fiscal year end
- December
Passport Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($101M). Passport Wealth Management has custody of $17.6M for 16 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $101M100%
At year end, Passport Wealth Management’s separately managed accounts were mostly in stocks (57%) and funds (42%).
What the accounts hold
- Stocks57%
- Funds42%
- Cash1%
How many clients does Passport Wealth Management have?
Passport Wealth Management has 77 clients and manages $115 million for them, as of September 2026. They include 46 individual clients and 31 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 September 2026
What services does Passport Wealth Management offer?
Passport 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 Passport Wealth Management use?
Passport Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $101M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 September 2026
How many financial advisors does Passport Wealth Management have?
Passport Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 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 Passport Wealth Management invest in?
At the end of its last fiscal year, Passport Wealth Management’s separately managed accounts held 57% exchange-traded equities, 42% registered funds (mutual funds, ETFs, BDCs) and 1% 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 Passport Wealth Management?
Passport Wealth Management’s direct owner is Daniel Tobias (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 September 2026
How does Passport Wealth Management get paid?
Passport Wealth Management is paid through a percentage of assets under management 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 Passport Wealth Management?
Passport Wealth Management’s main office is at 17505 W Catawba Ave #200, Cornelius, NC 28031. Its phone number is 704-457-0060. Its website is passportwm.com.