Aaron Wealth Advisors

What Aaron Wealth Advisors does

Aaron Wealth Advisors is a privately-held, SEC-registered investment advisory firm that operates as a national independent family office serving high-net-worth individuals, families, and family offices. Founded in 2018 and headquartered in Chicago, the firm delivers customized wealth management spanning financial planning, investment management, estate planning, lifestyle coordination, philanthropic planning, and generational wealth preservation. It positions itself as the 'president of your family office,' acting as a financial confidant that orchestrates all aspects of a family's financial world on their behalf.

The firm is led by CEO & Founding Member Gary Hirschberg, J.D., and Partner/Deputy Chief Investment Officer Toby Stannard, CFA, supported by a hand-selected team of experts. Its operational footprint spans three U.S. offices (Chicago, IL; Newport Beach, CA; Carmel, IN), and it maintains a client-facing mobile application called 'Wealth Connect' on iOS and Android, indicating investment in digital client engagement alongside its relationship-based service model. The firm files Form ADV with the SEC as a registered investment advisor and discloses public equity holdings via 13F filings, reflecting active proprietary investment management for client portfolios.

The business model is built on customized, AUM-based fee arrangements typical of the wealth management and family office industry, with services tailored to each family's specifications rather than standardized product offerings. Distribution is relationship-based and direct, targeting successful families with complex, multi-generational wealth needs. The firm competes against traditional wirehouse wealth managers and larger multi-family offices by emphasizing independence, personalized service, and a higher-touch boutique model rather than scale or technology differentiation.

Name

Aaron Wealth Advisors

Legal name

Aaron Wealth Advisors

Website

https://aaronwealth.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Aaron Wealth Advisors is a privately-held, SEC-registered independent family office founded in 2018 that provides customized wealth management, investment, estate, and generational planning services to high-net-worth families across U.S. offices in Chicago, Newport Beach, and Carmel.

Ownership category

akta.pro rank

Product category

Wealth Management / Family Office Services

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

akta.pro secondary industries

Family Business & Succession Advisory (FSAAADAL), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Wealth management services
• Family office services
• Investment advisory
• Estate planning
• Financial planning

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management Services: The firm operates as a family office providing comprehensive wealth management services, likely structured on AUM-based fees typical of the wealth management industry. Services include financial planning, investment management, estate planning, and generational wealth preservation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aaron Wealth Advisors is a national and independent family office that delivers comprehensive wealth management services to high-net-worth families, including customized portfolio management, financial planning, estate planning, philanthropic planning, and generational wealth preservation. The firm operates as the "president of the client's family office," coordinating the family's financial, lifestyle, and generational affairs through a hand-selected team of experts and a secure mobile platform (Wealth Connect) for client access.

Product overview

Aaron Wealth Advisors is a national and independent family office that serves the complex financial, lifestyle, and generational needs of high-net-worth families. The firm positions itself as a 'president of the family office,' treating family wealth like a business and customizing a family office structure to each client's specifications. Services include financial management, lifestyle coordination, and generational wealth preservation. The company offers a mobile application called 'Wealth Connect' available on iOS and Android for client access.

Differentiator

Problem solved

Functional benefit

Products and services

• Family Office Wealth Management Services A comprehensive family office service for high-net-worth and ultra-high-net-worth families that includes customized portfolio management, financial planning, estate planning, philanthropic planning, lifestyle coordination, and generational wealth preservation, delivered through a hand-selected team of experts.
• Wealth Connect Mobile Application

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• SEC (as Registered Investment Advisor)regulatoryOthersAaron Wealth Advisors operates as a Registered Investment Advisor (RIA), regulated by the SEC. The firm files Form ADV disclosing its investment strategies and client information.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Bessemer Trust: Bessemer Trust is a closely-held multifamily office serving HNW and UHNW families with investment management, trust, estate, and family office services. It is the most well-known direct comparable to Aaron Wealth Advisors' family office model, with a similar focus on multi-generational wealth preservation.
• Glenmede: Glenmede is an independent investment and wealth management firm serving HNW families, foundations, and endowments. Its family office, investment management, and trust services overlap directly with Aaron Wealth Advisors' offerings for multi-generational families.
• Rockefeller Capital Management: Rockefeller Capital Management is an independent financial advisory firm providing wealth management, asset management, and family office services to UHNW families. Its national footprint and family-office structure mirror Aaron Wealth Advisors' positioning and service model.
• Cresset Capital: Cresset is an independent family office and private investment firm serving UHNW families and entrepreneurs. Its focus on family office services, multi-generational planning, and direct/institutional-quality investment offerings makes it a comparable peer.
• Tiedemann Advisors: Tiedemann Advisors is an independent, fee-only RIA and family office serving HNW families, foundations, and endowments. It competes directly with Aaron Wealth Advisors in the multi-family office space, with overlapping investment advisory and estate planning services.
• Pitcairn: Pitcairn is a multi-family office serving HNW families across generations with investment advisory, trust, and family governance services. It is a direct competitor in the family office and multi-generational wealth management space.

Broad incumbents

• Brown Brothers Harriman (Wealth Management): Brown Brothers Harriman is a large, private partnership offering private banking, investment management, and trust services to HNW families. Its broad, multi-service wealth management platform competes with Aaron Wealth Advisors for family-office clients with broader institutional capabilities.
• Northern Trust (Wealth Management): Northern Trust is a large financial holding company providing wealth management, trust, and family office services to UHNW families globally. As a broad incumbent, it offers overlapping capabilities but serves a much wider market and is frequently benchmarked for HNW family office services.
• Wilmington Trust (M&T Bank Wealth): Wilmington Trust, now part of M&T Bank, provides wealth advisory, trust, and private banking services to HNW families. It is a comparable incumbent in the family office and multi-generational wealth planning market.
• Abbot Downing (Wells Fargo): Abbot Downing is Wells Fargo's national brand for ultra-high-net-worth family office services, offering investment management, trust, and wealth planning. As a larger incumbent, it competes with Aaron Wealth Advisors for UHNW families seeking multi-generational services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aaron-wealth-advisors
• Xx.com/aaronwealth

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Aaron Wealth Advisors