Tate Wealth Management provides portfolio management for individuals and small businesses and selecting other managers.
Tate Wealth Management reports 145 clients. They include 72 high-net-worth individuals, 56 individual clients, and 10 corporations and other businesses. Of its assets, 100.0% ($293M across 396 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 7% |
| High-net-worth individuals | 50% | 67% |
| Pension and profit-sharing plans | 3% | 7% |
| Charitable organizations | 1% | 3% |
| Corporations and other businesses | 7% | 17% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 56 | $20.4M | 7.0% | $364K |
| High-net-worth individuals | 72 | $195M | 66.6% | $2.71M |
| Pension and profit-sharing plans | 5 | $21.5M | 7.3% | $4.31M |
| Charitable organizations | Fewer than 5 | $7.57M | 2.6% | $3.79M |
| Corporations and other businesses | 10 | $48.5M | 16.5% | $4.85M |
| Total | 145 | $293M | 100% | — |
- Clients
- 56
- Regulatory AUM
- $20.4M
- AUM share
- 7.0%
- Avg. per client
- $364K
- Clients
- 72
- Regulatory AUM
- $195M
- AUM share
- 66.6%
- Avg. per client
- $2.71M
- Clients
- 5
- Regulatory AUM
- $21.5M
- AUM share
- 7.3%
- Avg. per client
- $4.31M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.57M
- AUM share
- 2.6%
- Avg. per client
- $3.79M
- Clients
- 10
- Regulatory AUM
- $48.5M
- AUM share
- 16.5%
- Avg. per client
- $4.85M
Total
- Clients
- 145
- Regulatory AUM
- $293M
- 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
- 0
Tate Wealth Management charges up to 1.00% a year for its Portfolio management services. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- General consulting
- Consulting services are offered at a negotiable hourly rate of up to $400.
- Pension consulting for UK pension account holders
- Negotiable fixed fee starting at $2,500, set by a formula that may add a percentage of pension assets, as stated in the services agreement.
- US qualified retirement plan consulting
- Fees are negotiated with each plan sponsor based on plan assets, participants and locations, and set out in the consulting agreement.
Michael Tate owns 75% or more of Tate Wealth Management. The leadership team of Tate Wealth Management includes President Michael Tate. It has 4 employees, 3 of them in advisory roles.
Leadership
- Michael TatePresident/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Michael Robert Tate
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Tate Wealth Management
Michael Tate
Control person · since January 2005
Tate Wealth Management’s regulatory assets grew from $272M (March 2021) to $293M (April 2026); clients were 145 in both filings and employees fell from 5 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $293M | 145 | 4 | 1 |
| March 2025 | $288M | 265 | 4 | 1 |
| March 2024 | $259M | 242 | 4 | 1 |
| March 2023 | $233M | 166 | 5 | 1 |
| March 2022 | $399M | 135 | 5 | 1 |
| March 2021 | $272M | 150 | 5 | 1 |
Besides its headquarters, Tate Wealth Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1545 River Park Drive, Suite 375, SacramentoHQ
Contact and registration details
- Legal name
- Tate Wealth Management
- Headquarters
- 1545 River Park Drive, Suite 375, Sacramento, CA 95815-4614
- Website
- Not reported
- Phone
- 916-929-1006
- SEC file
- 801-63712
- Structure
- California corporation
- Fiscal year end
- December
Tate Wealth Management uses Charles Schwab ($209M, 77%) and Fidelity ($63.3M, 23%) as custodians for its separately managed accounts. Tate Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $209M77%
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $63.3M23%
At year end, Tate Wealth Management’s separately managed accounts were mostly in funds (56%) and cash (18%).
What the accounts hold
- Stocks17%
- Funds56%
- Bonds9%
- U.S. government and agency bonds7%
- State and local bonds2%
- Cash18%
How many clients does Tate Wealth Management have?
Tate Wealth Management has 145 clients and manages $293 million for them, as of April 2026. They include 72 high-net-worth individuals, 56 individual clients, and 10 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 April 2026
What services does Tate Wealth Management offer?
Tate Wealth Management provides portfolio management for individuals and small businesses and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Tate Wealth Management charge?
Tate Wealth Management charges up to 1.00% a year for its Portfolio management services. The fee is billed in arrears and is negotiable.
Which custodians does Tate Wealth Management use?
Tate Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $209M and Fidelity Distributors Company LLC (Smithfield, RI), with $63.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 April 2026
How many financial advisors does Tate Wealth Management have?
Tate Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 4 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 Tate Wealth Management invest in?
At the end of its last fiscal year, Tate Wealth Management’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 18% cash and equivalents, 17% exchange-traded equities, 7% U.S. government and agency bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Tate Wealth Management?
Tate Wealth Management’s direct owner is Michael Tate (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 April 2026
How does Tate Wealth Management get paid?
Tate 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 Tate Wealth Management?
Tate Wealth Management’s main office is at 1545 River Park Drive, Suite 375, Sacramento, CA 95815-4614. Its phone number is 916-929-1006.