myCIO Wealth Partners

What myCIO Wealth Partners does

myCIO Wealth Partners, LLC is an SEC-registered, fee-only investment advisory firm founded in 2005 as the spinoff of Ernst & Young's Philadelphia Investment Advisory Practice following Sarbanes-Oxley legislation, with additional PricewaterhouseCoopers personnel joining in 2007. The firm operates from a single headquarters at 2929 Walnut Street, Suite 1200 in Philadelphia, Pennsylvania, and is partner-owned with no disclosed parent, external investors, or subsidiaries.

The firm delivers a unified fiduciary wealth management platform organized around six core service lines: Personal CFO (family-office-style comprehensive financial planning), Personal CIO (investment policy, manager selection, rebalancing, and concentrated-stock management), Institutional CIO (outsourced CIO for endowments, trusts, and foundations), Corporate Executive Financial Planning (concentrated stock, deferred compensation, equity planning), Institutional CIO for Defined Plans (defined benefit and defined contribution plan advisory), and Alternative Investment Consulting (hedge fund and private equity evaluation). It does not sell investment or insurance products, eliminating commission-based revenue and aligning interests strictly with the client.

myCIO makes money through recurring advisory fees on assets under management, with no publicly disclosed fee schedule. The firm manages over $15 billion in investment assets for high-net-worth individuals, families, more than 50 former or current Fortune 500 chairmen, CEOs and presidents, corporate executives, endowments, benefit plans, and trusts. Go-to-market is exclusively high-touch direct advisory relationships, with new client acquisition driven by partner reputation, referrals, and third-party rankings (Forbes America's Top RIA Firms #9 in 2023; Barron's Top 100 RIAs #72 in 2024). The firm is a traditional advisory practice, not a technology company, and has no disclosed AI, software product, or app offering; its competitive position rests on partner talent pedigree and fiduciary independence rather than proprietary technology.

Name

myCIO Wealth Partners

Legal name

myCIO Wealth Partners, LLC

Website

https://myciowp.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

myCIO Wealth Partners is a fee-only, SEC-registered investment advisor serving high-net-worth individuals, families, corporate executives (including 50+ Fortune 500 leaders), and institutions with fiduciary wealth management and outsourced CIO services from its Philadelphia headquarters, managing over $15 billion in assets.

Ownership category

akta.pro rank

Product category

Wealth Management & Investment Advisory

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), OCIO Providers (Outsourced CIO) (FSAAAGAH), OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

Keywords

• Wealth management services
• Investment advisory services
• Fiduciary financial planning
• Portfolio management
• Outsourced CIO services

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Advisory Fee Revenue: myCIO operates as a fee-only registered investment advisor, earning revenue through advisory fees rather than commissions or product sales. As a fiduciary firm, they do not sell investment or insurance products, eliminating commission-based revenue streams.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

myCIO Wealth Partners is a fee-only, SEC-registered investment advisory firm providing independent, fiduciary wealth management and investment advisory services to high-net-worth individuals, families, corporate executives, endowments, trusts, benefit plans, and foundations. The firm delivers Personal CFO-style financial planning, Personal CIO investment advisory, Institutional CIO services, executive financial planning, defined plan advisory, and alternative investment consulting under a unified fiduciary model without commissions or product sales.

Product overview

myCIO Wealth Partners offers a suite of integrated wealth management and investment advisory services structured around a unified fiduciary approach. The core offerings include Personal CFO (comprehensive financial planning and family office services), Personal CIO (investment advisory and portfolio management), Institutional CIO (outsourced CIO for endowments, trusts, and foundations), Corporate Executive Financial Planning (compensation and equity planning for executives), Institutional CIO for Defined Plans (retirement plan advisory), and Alternative Investment Consulting (hedge fund and private equity evaluation). All services are delivered through a fee-only, independent advisory model with no product sales or commissions.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal CFO - Family Office Comprehensive financial planning service for individuals and families addressing retirement, education, investments, taxes, insurance, and family office services for ultra-high-net-worth clients. Acts as a dedicated family office or supports existing family offices.
• Personal CIO Tailored investment advisory service acting as the client's Personal Chief Investment Officer, providing investment policy statement creation, manager selection, performance review, rebalancing, alternative investment review, and concentrated stock position management.
• Institutional CIO Outsourced CIO services for endowments, trusts, and foundations, providing investment policy development, asset allocation review, manager due diligence, fee negotiation, performance measurement, and fiduciary guidance.
• Corporate Executive Financial Planning Fee-only comprehensive financial counseling program for corporate executives covering stock option planning, investment planning, retirement planning, estate planning, tax planning, education funding, and relocation/expatriate services.
• Institutional CIO for Defined Plans Independent investment advisory services for defined benefit and defined contribution plan trustees, including investment policy statement development, fiduciary compliance, quarterly performance reporting, and fund lineup review.
• Alternative Investment Consulting Disciplined evaluation and recommendation of alternative investments including hedge funds and private equity, leveraging CAIA credentials and expertise in long/short equity strategies.

Quantifiable outcome

• Manages over $15 billion in investment assets
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Glenmede: Glenmede is a Philadelphia-based, independent, fee-only wealth manager and investment adviser that similarly originated from a major financial institution spin-off. It serves HNW families, foundations and endowments with OCIO and family office services, making it the closest geographic, structural and product-line peer to myCIO.
• Mariner Wealth Advisors: Mariner is a large independent RIA offering comprehensive financial planning, OCIO, family office and institutional advisory to HNW clients and institutions. It mirrors myCIO's service mix but operates nationally and pursues an aggressive tuck-in M&A roll-up strategy backed by PE capital.
• Bessemer Trust: Bessemer Trust is a privately held wealth and investment management firm serving ultra-HNW families, foundations and endowments with OCIO and family office capabilities. It is highly comparable to myCIO's Personal CFO and Institutional CIO offerings for the upper tier of the HNW and institutional market.
• Brown Brothers Harriman Investor Services: BBH provides private banking, wealth management, and investment advisory services to HNW individuals, families and institutions with a fiduciary, partnership-owned model. Its integrated wealth advisory and OCIO offering competes directly with myCIO in the HNW and institutional segments.
• Cambridge Associates: Cambridge Associates is a global investment firm offering OCIO and investment advisory services to endowments, foundations, pensions and HNW families. Its institutional CIO and manager-due-diligence capabilities overlap closely with myCIO's Institutional CIO and Alternative Investment Consulting services.
• Argent Capital Management / Argent Financial Group: Argent is an independent, employee-owned RIA providing wealth management, trust, and institutional investment services to HNW families and institutions. Its fiduciary, fee-only model and integrated wealth + institutional CIO offering closely resemble myCIO's service stack.
• Callan Family Office: Callan is an independent investment consulting and OCIO firm serving foundations, endowments, pensions and family offices. Its Institutional CIO/OCIO capabilities directly overlap with myCIO's Institutional CIO and endowment/foundation offerings.

Broad incumbents

• Focus Financial Partners: Focus is a leading partnership of independent RIAs providing wealth management, OCIO and family office services across the US. While not a direct client-facing competitor of the same scale as myCIO, it represents the dominant consolidator model that competes for talent and clients in myCIO's segments.
• Creative Planning: Creative Planning is a large, nationally ranked independent RIA offering comprehensive wealth management to HNW and ultra-HNW households, including family office and institutional services. It competes with myCIO in the same Forbes/Barron's RIA rankings and serves overlapping HNW and executive segments.
• Edelman Financial Engines: Edelman Financial Engines is one of the largest independent RIAs in the US, serving HNW households and providing employer-sponsored retirement plan advisory. Its defined-contribution and HNW advisory offerings compete with myCIO's Corporate Executive and Institutional CIO for Defined Plans services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 myCIO Wealth Partners