Seventy2 Capital
Seventy2 Capital is an independent wealth management practice affiliated with Wells Fargo Advisors Financial Network, managing $15.5B in AUM for HNW individuals, families, executives, business owners, and retirees through 80+ advisors across 16 US offices.
- Company typePrivate
- Founded2016
- HeadquartersBethesda, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Seventy2 Capital does
Seventy2 Capital Wealth Management is an independent wealth management practice founded in 2016 and headquartered in Bethesda, Maryland, with 16 office locations across the United States. The firm serves high-net-worth individuals and families, corporate executives, business owners, retirees, and retirement plan sponsors through a team of 80+ financial advisors and 158 total team members representing over 775 years of combined Wall Street experience. Its core services encompass retirement planning, education planning, executive compensation planning, corporate planning, and estate planning, delivered alongside portfolio management that emphasizes tax-efficient construction using individual securities for HNW clients. The firm also offers insurance products through non-bank insurance agency affiliates of Wells Fargo & Company.
Seventy2 Capital operates as an independent contractor practice under Wells Fargo Advisors Financial Network (WFAFN), Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. This structure allows the practice to maintain advisor independence and brand identity while leveraging WFAFN's institutional infrastructure, regulatory framework, and product access. Revenue is generated primarily through recurring AUM-based advisory fees on $15.5 billion in assets under management (as of April 2026), supplemented by insurance commissions from unaffiliated carriers distributed through Wells Fargo insurance affiliates. Specialized advisory subgroups — The Elser Gutowski Team, The Kelly & Schertz Group, The McCarthy Eljdid Private Wealth Group, The McLaughlin Group, and The Stewart Markey Group — address distinct client segments within the practice.
The firm's go-to-market is a direct field sales model targeting HNW and ultra-HNW prospects through face-to-face relationship management, augmented by content marketing (market commentary, webinars), an annual client conference, and earned media from Barron's and Forbes rankings. Growth has been driven primarily by recruiting experienced advisor teams with portable client books into the practice, enabling rapid geographic expansion from the Mid-Atlantic base into Texas, New Jersey, Massachusetts, and other markets. The firm is led by co-founders Paul Carlson (CEO) and Thomas Fautrel (President), with Michael Levitsky serving as Chief Investment Officer.
Seventy2 Capital firmographics
Firmographics- Name
- Seventy2 Capital
- Legal name
- Seventy2 Capital Wealth Management
- Website
- https://seventy2capital.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Seventy2 Capital is an independent wealth management practice affiliated with Wells Fargo Advisors Financial Network, managing $15.5B in AUM for HNW individuals, families, executives, business owners, and retirees through 80+ advisors across 16 US offices.
- Ownership category
- akta.pro rank
Seventy2 Capital industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Seventy2 Capital is headquartered
LocationHeadquarters
- HQ city
- Bethesda
- HQ country
- United States
- HQ region
- North America
Offices18 records
Markets served
Seventy2 Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Wealth Management Advisory Fees: Seventy2 Capital generates revenue through advisory fees for financial planning and investment management services delivered to high-net-worth individuals, families, executives, business owners, and retirees. Services include retirement planning, education planning, executive compensation planning, corporate planning, and estate planning.
- Asset Management Fees: The firm manages assets for clients and earns fees based on assets under management (AUM). The firm reported $15.5 billion in assets under management as of April 2026.
- Insurance Products and Services: Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies, generating commission revenue.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Seventy2 Capital product offering
Product offeringCore offering
Seventy2 Capital operates as an independent wealth management practice delivering personalized financial planning, portfolio management, and investment advisory services to high-net-worth individuals, families, executives, business owners, and retirees. The firm manages $15.5 billion in assets under management through over 80 financial advisors across 16 US offices, offering retirement, education, executive compensation, corporate, and estate planning services. Insurance products are delivered through Wells Fargo affiliates.
Product overview
Seventy2 Capital is a full-service, independent wealth management practice offering a unified platform of financial services. The core offering consists of Wealth Management Services and Portfolio Management, supported by specialized Financial Advisory Teams (Elser Gutowski, Kelly & Schertz, McCarthy Eljdid, McLaughlin, and Stewart Markey groups). Additional modules include Insurance Services through Wells Fargo affiliates and a Client Webinar Program for educational content. The practice serves affluent individuals, families, executives, business owners, retirees, and retirement plan sponsors through 14 offices across the United States.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth Management Services Full-service independent wealth management practice providing customized financial strategies for individuals, families, and business owners, spanning retirement, education, executive compensation, corporate, and estate planning.
- Portfolio Management Asset management services focused on portfolio construction using individual securities with emphasis on tax efficiency for high-net-worth clients, combined with access to Wells Fargo affiliates for lending products and services.
- Insurance Services Insurance products offered through non-bank insurance agency affiliates of Wells Fargo & Company, underwritten by unaffiliated insurance companies, providing clients with protection and risk-management solutions.
- Retirement Plan Advisory Services Advisory services for companies and organizations sponsoring employee retirement plans, including 401(k) plan management, plan optimization, fiduciary support, and participant education.
Quantifiable outcome
- $15.5 billion in assets under management (as of April 2026)
- +5 more outcomes
Companies that use Seventy2 Capital
Customer profileSegments5 records
Ideal customer profiles5 records
Seventy2 Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Seventy2 Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Wells Fargo Advisors Financial Network (WFAFN)coreSeventy2 Capital operates as an independent contractor practice under Wells Fargo Advisors Financial Network. Investment products and services are offered through WFAFN, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. The firm offers the benefits of independence with the backing of Wells Fargo Advisors Financial Network. Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company. This partnership provides the regulatory framework, broker-dealer services, technology infrastructure, and institutional backing that enables Seventy2 Capital's independent wealth management model.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Seventy2 Capital competitors and assessment
Company assessmentDirect peers
- Mariner Wealth Advisors: Large independent RIA serving HNW individuals, families, and institutions with comprehensive wealth planning, asset management, and family office services. Comparable to Seventy2 Capital in target client (HNW), service breadth, and affiliation-style growth model.
- Creative Planning: One of the largest US independent RIAs, providing financial planning, investment management, and tax services to HNW clients. Comparable in scale, HNW focus, recurring AUM-based fee model, and aggressive team-acquisition growth strategy.
- Hightower Advisors: National RIA partnership platform that onboards advisor teams and provides institutional investment, technology, and back-office support. Highly comparable to Seventy2's WFAFN affiliation model but with its own broker-dealer and greater equity participation for advisors.
- Carson Group: RIA platform serving financial advisors and their HNW clients with wealth management, coaching, and home-office services. Comparable affiliation-style model, HNW client focus, and emphasis on advisor productivity and growth.
- Cerity Partners: Wealth management and business advisory firm serving HNW individuals, families, and institutions with planning, investment, and tax services. Comparable in service breadth, HNW client base, and multi-office operating model.
- Sanctuary Wealth: Independent wealth management platform partnering with advisor teams serving HNW clients. Similar affiliation-based model, HNW client focus, and dependence on advisor recruiting to drive AUM growth.
- Mercer Advisors: National RIA offering wealth management, investment advisory, tax, and estate planning to HNW individuals. Comparable in recurring AUM-based fees, comprehensive planning services, and multi-office national footprint.
- Corient: National wealth management firm providing investment advisory, financial planning, and family office services to ultra-HNW and HNW clients. Comparable in target client, service offering, and growth-via-team-acquisition strategy.
Broad incumbents
- Focus Financial Partners: Leading RIA aggregator and partnership platform with hundreds of affiliated wealth management firms. Comparable in that it provides back-office support to independent advisor teams, but operates as a much larger roll-up with an equity-based holding structure.
- Wells Fargo Advisors: Parent-affiliated broker-dealer through which Seventy2 operates. While not a peer in the recruiting sense, it is the institutional infrastructure provider and a critical counterparty, making it a directly relevant comparable for service breadth and distribution scale.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Seventy2 Capital social profiles
Digital presenceSeventy2 Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Seventy2 Capital leadership team
Management profileNumber of profiles
Profiles8 records
Seventy2 Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Seventy2 Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Seventy2 Capital
What does Seventy2 Capital do?
Seventy2 Capital operates as an independent wealth management practice delivering personalized financial planning, portfolio management, and investment advisory services to high-net-worth individuals, families, executives, business owners, and retirees. The firm manages $15.5 billion in assets under management through over 80 financial advisors across 16 US offices, offering retirement, education, executive compensation, corporate, and estate planning services. Insurance products are delivered through Wells Fargo affiliates.
Is Seventy2 Capital a public or private company?
Seventy2 Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Seventy2 Capital founded?
Seventy2 Capital was founded in 2016. It employs 101 to 250 people.
Where is Seventy2 Capital based?
Seventy2 Capital is headquartered in Bethesda, United States, in the North America region.
How does Seventy2 Capital make money?
Three revenue lines are on record. Wealth Management Advisory Fees are the primary driver. The others are asset Management Fees and insurance Products and Services.
Who are Seventy2 Capital's main competitors?
Direct peers on record are Mariner Wealth Advisors, Creative Planning, Hightower Advisors, Carson Group, Cerity Partners, Sanctuary Wealth, Mercer Advisors and Corient. Broad incumbents are Focus Financial Partners and Wells Fargo Advisors.
Does Seventy2 Capital have an API?
No public API is recorded for Seventy2 Capital.
What industry is Seventy2 Capital in?
Seventy2 Capital's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAI, Insurance-Integrated Wealth Managers (RIA + Insurance Solutions). Its NAICS code is 523940 and its SIC code is 6282.