Tailored Wealth Solutions provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
Tailored Wealth Solutions reports 253 clients. They include 183 individual clients and 70 high-net-worth individuals. Of its assets, 100.0% ($272M across 744 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 36% |
| High-net-worth individuals | 28% | 64% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 183 | $98.6M | 36.3% | $539K |
| High-net-worth individuals | 70 | $173M | 63.7% | $2.47M |
| Total | 253 | $272M | 100% | $1.07M |
- Clients
- 183
- Regulatory AUM
- $98.6M
- AUM share
- 36.3%
- Avg. per client
- $539K
- Clients
- 70
- Regulatory AUM
- $173M
- AUM share
- 63.7%
- Avg. per client
- $2.47M
Total
- Clients
- 253
- Regulatory AUM
- $272M
- AUM share
- 100%
- Avg. per client
- $1.07M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Tailored Wealth Solutions charges 0.55%–1.50% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.50% |
| $250K–$500K | 1.25% |
| $500K–$1M | 1.05% |
| $1M–$2M | 0.85% |
| $2M–$5M | 0.65% |
| $5M and above | 0.55% |
Fee details and sources
Other fees
- Financial planning and estate design
- Financial planning and estate design fees are typically flat fees of $3,000 to $25,000, with specialized projects at an hourly rate of no more than $500.
- Retirement plan asset management
- Asset management for retirement plans is billed monthly in advance on a flat tiered schedule, from 1.25% on 0 to 500K down to 0.25% on 10 million and over.
Michael Testa owns 75% or more of Tailored Wealth Solutions. It has 7 employees, 4 of them in advisory roles.
Leadership
- Michael TestaOwner, CCO
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Nicolas Robert Carbone
- James Roscoe Durkee Jr.
- John Joseph Papielion Jr.
- Michael Rosario Testa
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 75% or more of Tailored Wealth Solutions, LLC
Michael Testa
Control person · since August 2020
Besides its headquarters, Tailored Wealth Solutions has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 110 Henry St., Saratoga SpringsHQ
Contact and registration details
- Legal name
- Tailored Wealth Solutions, LLC
- Headquarters
- 110 Henry St., Saratoga Springs, NY 12866
- Website
- tailoredwealthsolutions.com
- Phone
- 518-583-4800
- SEC file
- 801-135304
- Founded
- 2020
- Structure
- New York LLC
- Fiscal year end
- December
Tailored Wealth Solutions uses Charles Schwab ($272M) as custodian for its separately managed accounts. Tailored Wealth Solutions has custody of $53.5M in client assets for 121 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $272M100%
At year end, Tailored Wealth Solutions’ separately managed accounts were mostly in funds (69%) and stocks (31%).
What the accounts hold
- Stocks31%
- Funds69%
How many clients does Tailored Wealth Solutions have?
Tailored Wealth Solutions has 253 clients and manages $272 million for them, as of June 2026. They include 183 individual clients and 70 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 June 2026
What services does Tailored Wealth Solutions offer?
Tailored Wealth Solutions provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, education planning, 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 Tailored Wealth Solutions charge?
Tailored Wealth Solutions charges 0.55%–1.50% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Tailored Wealth Solutions use?
Tailored Wealth Solutions’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $272M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 June 2026
How many financial advisors does Tailored Wealth Solutions have?
Tailored Wealth Solutions has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 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 Tailored Wealth Solutions invest in?
At the end of its last fiscal year, Tailored Wealth Solutions’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs) and 31% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Tailored Wealth Solutions?
Tailored Wealth Solutions’ direct owner is Michael Testa (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 June 2026
How does Tailored Wealth Solutions get paid?
Tailored Wealth Solutions is paid through a percentage of assets under management, hourly charges, subscription fees 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 Tailored Wealth Solutions?
Tailored Wealth Solutions’ main office is at 110 Henry St., Saratoga Springs, NY 12866. Its phone number is 518-583-4800. Its website is tailoredwealthsolutions.com.