Sapere Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 6 private funds.
Sapere Wealth Management reports 240 clients. They include 149 high-net-worth individuals, 78 individual clients and 6 charitable organizations. Of its assets, 100.0% ($605M across 240 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 8% |
| High-net-worth individuals | 62% | 87% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | 3% | 2% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 78 | $47.6M | 7.9% | $611K |
| High-net-worth individuals | 149 | $528M | 87.3% | $3.54M |
| Pension and profit-sharing plans | Fewer than 5 | $15.1M | 2.5% | $3.77M |
| Charitable organizations | 6 | $13.3M | 2.2% | $2.22M |
| Corporations and other businesses | 3 | $656K | 0.1% | $219K |
| Total | 240 | $605M | 100% | — |
- Clients
- 78
- Regulatory AUM
- $47.6M
- AUM share
- 7.9%
- Avg. per client
- $611K
- Clients
- 149
- Regulatory AUM
- $528M
- AUM share
- 87.3%
- Avg. per client
- $3.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $15.1M
- AUM share
- 2.5%
- Avg. per client
- $3.77M
- Clients
- 6
- Regulatory AUM
- $13.3M
- AUM share
- 2.2%
- Avg. per client
- $2.22M
- Clients
- 3
- Regulatory AUM
- $656K
- AUM share
- 0.1%
- Avg. per client
- $219K
Total
- Clients
- 240
- Regulatory AUM
- $605M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 6
- Financial planning clients last fiscal year
- 51–100
Sapere Wealth Management charges 1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Standalone financial planning and consulting is a fixed fee, generally $1,000 to $15,000, and/or an hourly fee of $125 to $500, negotiable.
Scott Trease owns 75% or more of Sapere Wealth Management. The leadership team of Sapere Wealth Management includes Chief Operating Officer Paul Borrelli. It has 7 employees, 1 of them in advisory roles.
Leadership
- Paul BorrelliChief Operating Officer; Chief Compliance Officer
- Matthew SpearCo-Chief Operating Officer
- Scott TreaseManaging Member
- Lisa TreaseMember
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 1 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Sapere Wealth Management, LLC
Scott Trease
Control person · since February 2002
- Owns 25% to 50% of Sapere Wealth Management, LLC
Lisa Trease
Control person · since August 2010
Sapere Wealth Management’s regulatory assets grew 2.3× from $268M (March 2021) to $605M (March 2026); clients rose from 214 to 240 and employees fell from 9 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $605M | 240 | 7 | 2 |
| March 2025 | $346M | 252 | 7 | 2 |
| July 2024 | $345M | 234 | 7 | 2 |
| June 2023 | $337M | 227 | 7 | 2 |
| March 2022 | $304M | 216 | 7 | 2 |
| March 2021 | $268M | 214 | 9 | 2 |
Besides its headquarters, Sapere Wealth Management has 1 office, with 2 listed addresses in North Carolina and Virginia.
North Carolina · 1 listed address
- 130 Matthews Station St., Suite 2a, MatthewsHQ
Virginia · 1 listed address
- 1 Boars Head Pointe, Charlottesville
Contact and registration details
- Legal name
- Sapere Wealth Management, LLC
- Headquarters
- 130 Matthews Station St., Suite 2a, Matthews, NC 28105
- Website
- sapere.com
- Phone
- 704-321-5244
- SEC file
- 801-61056
- Founded
- 2002
- Structure
- North Carolina LLC
- Fiscal year end
- December
Sapere Wealth Management uses Axos Clearing ($203M) as custodian for its separately managed accounts. Sapere Wealth Management has custody of $211M in client assets for 6 clients.
- Axos ClearingAxos Clearing LLC · Omaha, NE · $203M100%
At year end, Sapere Wealth Management’s separately managed accounts were mostly in funds (63%) and stocks (31%).
What the accounts hold
- Stocks31%
- Funds63%
- Pooled vehicles35%
- Registered funds28%
- Cash4%
Filed values cover 98%. The neutral 2% gap has no reported category.
How many clients does Sapere Wealth Management have?
Sapere Wealth Management has 240 clients and manages $605 million for them, as of March 2026. They include 149 high-net-worth individuals, 78 individual clients and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026
What services does Sapere Wealth Management offer?
Sapere Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, 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 Sapere Wealth Management charge?
Sapere Wealth Management charges 1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable.
Source: SAPERE WEALTH MANAGEMENT - PART 2A, filed 13 March 2026
Which custodians does Sapere Wealth Management use?
Sapere Wealth Management’s separately managed account assets are held at Axos Clearing LLC (Omaha, NE), with $203M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026
How many financial advisors does Sapere Wealth Management have?
Sapere Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 1 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 Sapere Wealth Management invest in?
At the end of its last fiscal year, Sapere Wealth Management’s separately managed accounts held 35% pooled vehicles (private funds and similar), 31% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs) and 4% cash and equivalents. It advises 6 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sapere Wealth Management?
Sapere Wealth Management’s direct owners are Scott Trease (75% or more) and Lisa Trease (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 13 March 2026
How does Sapere Wealth Management get paid?
Sapere 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
Is Sapere Wealth Management registered with the SEC?
Yes, Sapere Wealth Management has been registered with the SEC as an investment adviser since 5 April 2002. Its CRD number is 119598 and its SEC file number is 801-61056.
Source: Form ADV Part 1A, Item 1, filed 13 March 2026; IAPD firm record
How do I contact Sapere Wealth Management?
Sapere Wealth Management’s main office is at 130 Matthews Station St., Suite 2a, Matthews, NC 28105. Its phone number is 704-321-5244. Its website is sapere.com.