Wahed Invest provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Wahed Invest reports 30,683 clients. They include 30,377 individual clients, 300 high-net-worth individuals and 3 investment companies. Of its assets, 19.3% ($248M across 30,680 accounts) are managed with discretion; $1.04B across 3 accounts are not. A wrap fee program the firm both sponsors and manages holds $248M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 99% | 17% |
| High-net-worth individuals | <1% | 3% |
| Investment companies | <1% | 81% |
| 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) | 30,377 | $214M | 16.6% | $7.03K |
| High-net-worth individuals | 300 | $33.7M | 2.6% | $112K |
| Investment companies | 3 | $1.04B | 80.7% | $346M |
| Corporations and other businesses | 3 | $1.15M | 0.1% | $383K |
| Total | 30,683 | $1.29B | 100% | $41.9K |
- Clients
- 30,377
- Regulatory AUM
- $214M
- AUM share
- 16.6%
- Avg. per client
- $7.03K
- Clients
- 300
- Regulatory AUM
- $33.7M
- AUM share
- 2.6%
- Avg. per client
- $112K
- Clients
- 3
- Regulatory AUM
- $1.04B
- AUM share
- 80.7%
- Avg. per client
- $346M
- Clients
- 3
- Regulatory AUM
- $1.15M
- AUM share
- 0.1%
- Avg. per client
- $383K
Total
- Clients
- 30,683
- Regulatory AUM
- $1.29B
- AUM share
- 100%
- Avg. per client
- $41.9K
- 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
Wahed Invest is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Wahed Inc. owns 75% or more of Wahed Invest and is in turn owned by Junaid Wahedna (25–50%). The leadership team of Wahed Invest includes Chief Compliance Officer Jeffrey Press. It has 9 employees, 1 of them in advisory roles.
Staff
- 9 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Wahed Invest LLC
Wahed Inc.
Control person · since March 2017
- Owns 25% to 50% of Wahed Inc.
Junaid Wahedna
Control person · since March 2017
Wahed Invest’s regulatory assets grew 8.7× from $147M (March 2021) to $1.29B (June 2026); clients rose from 15,161 to 30,683 and employees were 9 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $1.29B | 30,683 | 9 | 1 |
| Apr 2025April 2025 | $843M | 23,287 | 9 | 1 |
| Mar 2024March 2024 | $524M | 19,689 | 9 | 1 |
| Aug 2023August 2023 | $347M | 7,956 | 10 | 2 |
| Jun 2022June 2022 | $278M | 10,519 | 5 | 2 |
| Mar 2021March 2021 | $147M | 15,161 | 9 | 2 |
Besides its headquarters, Wahed Invest has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 27 East 28th Street, 8th Floor, New YorkHQ
Contact and registration details
- Legal name
- Wahed Invest LLC
- Headquarters
- 27 East 28th Street, 8th Floor, New York, NY 10016
- Website
- wahedinvest.com
- Phone
- 18559764747
- SEC file
- 801-106499
- Structure
- Delaware LLC
- Fiscal year end
- December
Wahed Invest’s named custodian for separately managed accounts is Apex Clearing ($248M). Wahed Invest does not have custody of client assets.
- Apex ClearingApex Clearing Corporation · Dallas, TX · $248M100%
At year end, Wahed Invest’s separately managed accounts were mostly in stocks (98%). Its reported 13F holdings for the quarter ended 30 June 2026 total $958M across 227 positions; the largest are Nvidia Corp. (11.4%), Apple Inc. (10.4%) and Microsoft Corp. (6.9%).
What the accounts hold
- Stocks98%
- Exchange-traded equities71%
- Non-exchange-traded equities27%
- Cash2%
How many clients does Wahed Invest have?
Wahed Invest has 30,683 clients and manages $1.29 billion for them, as of June 2026. They include 30,377 individual clients, 300 high-net-worth individuals and 3 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 June 2026
What services does Wahed Invest offer?
Wahed Invest provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wahed Invest use?
Wahed Invest’s separately managed account assets are held at Apex Clearing Corporation (Dallas, TX), with $248M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 June 2026
How many financial advisors does Wahed Invest have?
Wahed Invest has 1 investment adviser representative registered with state securities authorities, out of 9 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 Wahed Invest invest in?
At the end of its last fiscal year, Wahed Invest’s separately managed accounts held 71% exchange-traded equities, 27% non-exchange-traded equities and 2% 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 Wahed Invest?
Wahed Invest is owned through a holding company by Junaid Wahedna. Its direct owner is Wahed Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 15 June 2026
How does Wahed Invest get paid?
Wahed Invest is paid through a percentage of assets under management. 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 Wahed Invest?
Wahed Invest’s main office is at 27 East 28th Street, 8th Floor, New York, NY 10016. Its phone number is 18559764747. Its website is wahedinvest.com.