Solomon Private Wealth

What Solomon Private Wealth does

Solomon Private Wealth is a privately held, fee-based registered investment advisory firm headquartered in Beverly, Massachusetts, operating since 2020. The firm serves high net worth families and business owners in the Boston / North Shore Massachusetts market with an integrated offering that combines wealth management, financial planning, investment management, risk management, corporate 401(k) solutions, and business exit planning. Its differentiator is a values-driven and faith-aligned philosophy branded as 'Wisdom to Wealth', which integrates personal values and family purpose into portfolio construction and legacy planning.

The firm is led by founder and CEO Bradley Small, who holds an MBA and CEPA certification along with full securities licensing (Series 7, 63, 65, 31) and insurance licenses. Solomon Private Wealth operates through a partnership stack: investment advisory services are offered via OneAscent Financial Services (the SEC-registered RIA), securities are offered through Purshe Kaplan Sterling Investments (FINRA/SIPC broker-dealer), custody is held at Fidelity Investments, and insurance planning is delivered in partnership with E4 Insurance Services. The technology stack is built on Orion for portfolio management and reporting, RedTail CRM, with a planned DataDasher AI integration.

The business model is primarily subscription-style fee-based revenue calculated on assets under management, supplemented by transaction-based insurance commissions on life, long-term care, disability, and annuity products. The firm states it does not impose stated minimum investment sizes and offers planning engagements negotiated upfront. Go-to-market combines direct advisor relationships, community leadership (North Shore Chamber of Commerce, Solomon Fund charitable initiatives), educational events and webinars with institutional partners, and a content-led blog. The firm has no external investment, no subsidiaries, no disclosed revenue or AUM, and a headcount of 1-10 employees.

Name

Solomon Private Wealth

Legal name

Solomon Private Wealth

Website

https://solomonprivatewealth.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Solomon Private Wealth is a Beverly, Massachusetts-based fee-only RIA serving high net worth families and business owners on the North Shore with integrated wealth, investment, risk, and exit planning built around a faith- and values-aligned philosophy.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

akta.pro secondary industries

Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO) (FSABADAK), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

Keywords

• Wealth management services
• Financial planning advisory
• Investment management
• Faith-based investing
• Business exit planning

Headquarters

HQ city

Beverly

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Fee-Based Investment Advisory (Assets Under Management): The firm is compensated under an agreed-upon fee based on assets under management for fee-based investment advisory accounts. This is the primary revenue stream and aligns the firm's interests with client portfolio performance.
2. Insurance Commissions: The firm earns commissions when implementing insurance-based plans or products such as life insurance, long-term care insurance, and annuities. Compensation is disclosed in client agreement documents.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Solomon Private Wealth is an independent registered investment advisory firm that provides fee-based wealth management, financial planning, investment management, risk management, corporate retirement plan (401k) services, and business exit planning for high net worth families and business owners. The firm integrates personal values and faith-based considerations into portfolio construction and multi-generational wealth planning, with all client accounts custodied at Fidelity.

Product overview

Solomon Private Wealth operates as a unified financial advisory firm offering an integrated suite of wealth management services. The core offering combines Wealth Management (the umbrella service), Financial Planning, Investment Management, Risk Management, Corporate Solutions (401k plans), and Business Exit Planning as distinct but interconnected service lines. The Resource Center provides educational content supporting all service areas. The firm partners with OneAscent Financial Services for investment advisory and operates under a fiduciary model, offering fee-based advisory services with no stated minimum investment sizes.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Comprehensive wealth management service combining financial planning with investment management, incorporating liability strategies, risk management, and alignment of personal values with financial decisions to manage total net worth for individuals and families.
• Financial Planning Discovery meetings and annual reviews focused on understanding client values, family structure, and financial goals, with long-term relationship-based planning incorporating tax and estate considerations.
• Investment Management Fee-based discretionary investment management using a proprietary tactical approach combining technical and fundamental analysis. Options include equity/fixed income portfolios, mutual funds/ETFs, separately managed accounts, alternative investments, tax-aware strategies, and socially responsible/faith-based screened portfolios.
• Risk Management Portfolio risk identification and management services including life insurance analysis, long-term care insurance, and disability coverage. Advanced strategies include business succession planning, charitable gifting techniques, and estate tax planning.
• Corporate Solutions (401k) Small business and corporate retirement plan services including 401(k) plan design, investment selection from thousands of options, and compliance with rules and regulations for retirement plans.
• Business Exit Planning Exit planning services for business owners including building and protecting business value, tax planning, income planning, and transition strategies for selling or transitioning the business to family or third parties.

Quantifiable outcome

• Sidestepped the 2008-2009 financial crisis and re-entered at the market bottom on March 6, 2009, demonstrating risk management capability.
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core, major and minor.

• OneAscent Financial ServicescoreStrategic or Co-development PartnerOneAscent is a nationwide network of independent advisors combining resources of a national firm with solutions to help clients align planning, investment, and stewardship decisions with their values. Solomon Private Wealth offers investment advisory services through OneAscent Financial Services LLC, a registered investment adviser with the SEC. The partnership provides the RIA infrastructure, compliance, and access to a national network of advisors and investment solutions.
• Fidelity InvestmentscoreTechnology or IntegrationFidelity serves as the national custodian of investment accounts and investment research for Solomon Private Wealth. All fee-based investment advisory accounts are custodied at Fidelity. The partnership provides institutional-quality custody, reporting, and research access to clients.
• Purshe Kaplan Sterling Investments (PKS)coreChannel Partner/ Reseller/ DistributorPKS is a national broker-dealer providing compliance, education, technology and support services for specific non-advisory investment products such as annuities and 529 plans. Securities are offered through PKS, Member FINRA/SIPC, headquartered at 80 State Street, Albany, NY 12207. PKS and Solomon Private Wealth operate as unaffiliated companies under the same advisor network.
• E4 Insurance ServicesmajorChannel Partner/ Reseller/ DistributorE4 Insurance Services is a national insurance agency that provides clients with full-service wealth planning strategies and uses a team of specialists to review and advise on estate and tax planning strategies. The partnership enables Solomon Private Wealth to offer comprehensive insurance solutions including life, long-term care, and disability coverage.
• Solomon FundminorStrategic or Co-development PartnerFounded by Brad Small, CEO of Solomon Private Wealth, the Solomon Fund supports several local charities and runs the annual Cars for Charity event. The fund benefits Amirah, Beverly Bootstraps, CCC Beverly School for Deaf, Lifebridge, and the Pelican Intervention Fund. This is a charitable initiative rather than a commercial partnership.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Merrill Lynch Wealth Management: Bank-affiliated wealth management division offering investment advisory, financial planning, and lending solutions to affluent and HNW clients. Comparable as a fee-based HNW advisory provider in the Boston market, but with substantially broader product set and scale.
• Fisher Investments: Large global investment management firm focused on portfolio management for HNW individuals and institutional clients. Comparable as a fee-based discretionary investment manager serving HNW households, but operates at significantly greater scale and without a local relationship model.
• Edward Jones: Large national financial services firm serving individual HNW and mass-affluent clients with investment advisory, financial planning, and retirement services. Comparable as a HNW-focused wealth advisor with a regional office/relationship model, but operates at massively greater scale.
• Creative Planning: Large independent RIA offering comprehensive wealth management, investment management, and estate planning to HNW clients nationwide. Comparable as a fee-based RIA serving HNW households, but operates at much greater scale and without Solomon's faith-based niche.

Direct peers

• Ronald Blue Trust: National faith-based wealth management and investment advisory firm offering biblically responsible investing and values-aligned financial planning to HNW families. Highly comparable to Solomon Private Wealth's faith-based screening, fiduciary model, and multi-generational HNW focus.
• Sanctuary Wealth: Network and home for independent advisors offering wealth management services through partner firms. Comparable as an independent-advisor operating model serving HNW clients through RIA-style infrastructure, though not faith-based.
• CWC Advisors: Faith-driven wealth advisory firm providing biblically responsible investing, financial planning, and legacy services to HNW families and business owners. Closely mirrors Solomon's combination of values-based investing, exit planning emphasis, and family legacy orientation.
• Kingdom Advisors: Faith-based financial advisor network and community that trains and supports Christian financial advisors serving individuals, families, and business owners. Comparable in faith-based advisory positioning, HNW family focus, and network-supported service delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php

Compliance9 records

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 Solomon Private Wealth