Manna Wealth Management

What Manna Wealth Management does

Manna Wealth Management is a privately-held, SEC-registered fiduciary wealth management firm headquartered in Miami Beach, Florida. Operating since 1961 (originally as Manna Capital Management) and under current Managing Director David Kassir since his 2009 acquisition of the firm, Manna delivers integrated wealth management from six U.S. offices spanning Miami Beach and Miami, FL; Arlington and McLean/Tysons, VA; Washington, DC; and Malibu, CA. Its stated client base targets high-net-worth and ultra-high-net-worth individuals and families, with a documented $30M+ investable-asset threshold for its UHNW Advisory and named sub-segments covering pre-retirees, retirees, women, and multi-generational wealth holders.

The firm's product suite spans investment management, financial planning, estate planning, tax planning, retirement planning, risk management, and cryptocurrency advisory, delivered under a fee-only fiduciary model with no commissions or proprietary product sales, assets custodied at Schwab, and access to stocks, bonds, ETFs, and over 8,000 mutual funds. Specialized practices include the Ultra High Net Worth Advisory, the Women & Wealth program, and a crypto advisory line. Marketing reach is reinforced by David Kassir's recurring appearances on CNBC, Fox Business, and Bloomberg Television, and citations in The Wall Street Journal and The New York Times, which function as a primary awareness and lead-generation channel for the firm.

Commercially, Manna runs a high-touch, relationship-led go-to-market with dedicated advisors in each market; new client acquisition is driven by complimentary one-hour consultations offered by appointment, supported by geographic SEO landing pages, thought leadership content, and PR-driven brand awareness. The firm reports 1–10 employees and no public revenue, AUM, or funding disclosures; revenue is generated through recurring AUM-based advisory fees with separate, optional fees for standalone financial planning engagements.

Name

Manna Wealth Management

Legal name

Manna Wealth Management

Website

https://mannawealthmanagement.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

1–10 employees

Short description

Manna Wealth Management is a fee-only fiduciary RIA serving high-net-worth and ultra-high-net-worth households ($30M+) from six U.S. offices, offering integrated investment, tax, estate, retirement, risk, and crypto planning with assets custodied at Schwab.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAEABAA

Registered Investment Advisor (RIA) Wealth Management

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Wealth & Retirement Advisory

SECONDARYFSAAABAF

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight)

Financial & Insurance/Asset & Wealth Management/Private Banking & HNW/UHNW Wealth Management

Keywords

• Wealth management services
• Investment advisory
• Financial planning
• Retirement planning
• Fiduciary advisory

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Advisory/AUM Fees: Fee-based wealth management services where the firm charges fees based on assets under management (AUM). As a fiduciary firm, they operate without commissions on products sold. Revenue is generated through ongoing advisory fees tied to the value of client portfolios, creating a land-and-expand dynamic as client wealth grows.
2. Financial Planning Fees: Comprehensive financial planning services including retirement planning, estate planning, tax planning, and risk management planning. These may be bundled into the AUM relationship or charged separately for planning-only engagements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Manna Wealth Management provides comprehensive, integrated wealth management services for individuals and families, including investment management, financial planning, retirement planning, estate planning, tax planning, and risk management. The firm also offers specialized advisory services in cryptocurrency, ultra-high-net-worth wealth structuring ($30M+ investable assets), and women-focused wealth planning. Services are delivered on a fee-based, fiduciary basis with access to stocks, bonds, ETFs, and more than 8,000 mutual funds, with assets custodied at Charles Schwab.

Product overview

Manna Wealth Management is a Full-Service Fiduciary Wealth Management firm operating as a single unified advisory service rather than a platform-plus-modules architecture. The core offering is comprehensive wealth management that integrates investment management, financial planning, estate planning, tax planning, retirement planning, and risk management into personalized client strategies. The company also offers specialized advisory services including Cryptocurrency Advisory, Ultra High Net Worth Advisory for clients with $30M+ in investable assets, and Women & Wealth services. All offerings are delivered through their fiduciary model with David Kassir as the primary advisor. Investment options include stocks, bonds, ETFs, and over 8,000 mutual funds, along with alternative investments and cryptocurrency.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management

Quantifiable outcome

• Access to over 8,000 mutual funds and full range of investment options
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Creative Planning: Large independent RIA serving HNW and UHNW clients with comprehensive wealth management, financial planning, and tax services. Comparable in fiduciary, fee-only model and holistic service offering, though significantly larger in scale and headcount.
• Bessemer Trust: Premier UHNW-focused wealth and investment management firm with multi-generational planning, estate services, and family-office-style offerings. Directly comparable in the $30M+ client segment and emphasis on legacy and estate planning.
• Rockefeller Capital Management: Independent UHNW wealth manager offering investment management, financial planning, and family office services. Comparable in fiduciary structure, geographic multi-office presence, and high-touch advisor model.
• Mariner Wealth Advisors: National RIA platform providing comprehensive wealth planning, investment management, and tax services to HNW/UHNW clients. Comparable in fiduciary model and breadth of services, with a similar multi-office geographic strategy.
• Brown Brothers Harriman Wealth Management: Private partnership offering wealth management, investment management, and trust services to UHNW families. Comparable in long-standing fiduciary heritage, estate and trust capabilities, and HNW/UHNW client focus.
• Edelman Financial Engines: Large independent RIA providing wealth management, financial planning, and investment advisory to HNW clients. Comparable in fiduciary model, holistic planning emphasis, and coast-to-coast U.S. footprint.

Broad incumbents

• Goldman Sachs Personal Financial Management (Ayco): Wealth management arm of Goldman Sachs serving HNW/UHNW clients with comprehensive advisory and family-office services. Comparable in service breadth and UHNW focus, but embedded within a much larger bulge-bracket financial institution.
• Merrill Lynch Wealth Management: Bank of America's wealth management division serving HNW and UHNW clients with investment advisory, financial planning, and lending solutions. Comparable in fiduciary offerings and UHNW specialization, though as a scaled brokerage-affiliated platform rather than an independent RIA.
• First Republic Private Wealth Management: Private banking and wealth management firm (now part of JPMorgan Chase) serving HNW/UHNW clients with banking, lending, and investment services. Comparable in client segment and emphasis on real-estate-heavy client needs.

Emerging players

• Sanctuary Wealth: Independent RIA platform partnering with advisor teams to deliver wealth management to HNW clients. Comparable in fiduciary, independent model, but operates as a partner-network rather than a single branded firm.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/davidkassir
• LinkedInlinkedin.com/company/manna-wealth-management
• Instagraminstagram.com/david_kassir
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manna Wealth Management