Wave Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Wave Wealth Management reports 62 clients. They include 62 high-net-worth individuals. Of its assets, 100.0% ($134M across 447 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | 2% |
| High-net-worth individuals | 100% | 98% |
| 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) | Fewer than 5 | $2.06M | 1.5% | — |
| High-net-worth individuals | 62 | $132M | 98.5% | $2.13M |
| Charitable organizations | Fewer than 5 | $290 | 0.0% | — |
| Total | 62 | $134M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $2.06M
- AUM share
- 1.5%
- Avg. per client
- —
- Clients
- 62
- Regulatory AUM
- $132M
- AUM share
- 98.5%
- Avg. per client
- $2.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $290
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 62
- Regulatory AUM
- $134M
- 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
- Financial planning clients last fiscal year
- 51–100
Wave Wealth Management charges 0.40%–1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Standalone financial planning is an annual retainer fee of up to $10,000 a year, based on complexity and negotiable.
- Retirement Plan Advisory
- Retirement plan advisory services are charged an annual asset-based fee of up to 1.00%, billed quarterly in advance and possibly negotiable.
Benjamin Jones owns 75% or more of Wave Wealth Management. The leadership team of Wave Wealth Management includes President Benjamin Jones. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 75% or more of Wave Wealth Management, LLC
Benjamin Jones
Control person · since October 2016
Wave Wealth Management’s regulatory assets grew from $117M (May 2025) to $134M (February 2026); clients were 62 in both filings and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $134M | 62 | 2 | 1 |
| May 2025May 2025 | $117M | 64 | 3 | 1 |
Besides its headquarters, Wave Wealth Management has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 7000 Parkwood BLVD., Suite G300, FriscoHQ
Contact and registration details
- Legal name
- Wave Wealth Management, LLC
- Headquarters
- 7000 Parkwood BLVD., Suite G300, Frisco, TX 75034
- Website
- wavewealth.com
- Phone
- 972-954-4100
- @wavewealth
- SEC file
- 801-131305
- Structure
- Texas LLC
- Fiscal year end
- December
Wave Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($114M). Wave Wealth Management has custody of $746K for 1 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $114M100%
At year end, Wave Wealth Management’s separately managed accounts were mostly in stocks (66%) and funds (27%).
What the accounts hold
- Stocks66%
- Funds27%
- Registered funds24%
- Pooled vehicles3%
- Bonds3%
- Cash1%
- Other3%
- Derivatives3%
How many clients does Wave Wealth Management have?
Wave Wealth Management has 62 clients and manages $134 million for them, as of February 2026. They include 62 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 February 2026
What services does Wave Wealth Management offer?
Wave Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Wave Wealth Management charge?
Wave Wealth Management charges 0.40%–1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Source: WAVE WEALTH DISCLOSURE BROCHURE, BROCHURE SUPPLEMENTS, AND PRIVACY POLICY, filed 23 February 2026
Which custodians does Wave Wealth Management use?
Wave Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $114M. 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 February 2026
How many financial advisors does Wave Wealth Management have?
Wave Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Wave Wealth Management invest in?
At the end of its last fiscal year, Wave Wealth Management’s separately managed accounts held 66% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds, 3% derivatives, 3% pooled vehicles (private funds and similar) 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 Wave Wealth Management?
Wave Wealth Management’s direct owner is Benjamin Jones (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 February 2026
How does Wave Wealth Management get paid?
Wave 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 Wave Wealth Management?
Wave Wealth Management’s main office is at 7000 Parkwood BLVD., Suite G300, Frisco, TX 75034. Its phone number is 972-954-4100. Its website is wavewealth.com.