Libra Wealth LLC
Libra Wealth LLC is an independent, fee-only Registered Investment Advisor (RIA) headquartered in Los Gatos, California. Founded by Mark Astrinos, a Certified Public Accountant (CPA) and Certified Financial Planner (CFP), the firm operates with a high fiduciary standard, providing objective financial advice and wealth management services. As of March 2025, Libra Wealth LLC manages approximately $474 million in assets for primarily high net worth individuals, employing a small team of 5 professionals, the majority of whom are investment-focused. The firm serves individual clients with transparent advisory fees and no hidden commissions, emphasizing client-first, personalized financial planning.
Investment Strategy
Libra Wealth LLC employs a fee-only, client-centered investment strategy focused on personalized financial life planning. The firm acts as a fiduciary at all times, prioritizing client interests, and making investment recommendations that are free from product sales commissions or third-party incentives. Assets are custodied with independent third parties, such as TD Ameritrade Institutional, and portfolio management is guided by each client’s specific financial needs and objectives. The investment philosophy is rooted in ethical standards and transparency, emphasizing prudent, long-term financial management, and comprehensive planning for high net worth individuals.
Top Holdings
Equity Positions (69)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VTI | VANGUARD INDEX FDS | 19.45% | $59.5M | 195,687 | $198.12 | $303.93 | +$4.1M |
V VGIT | VANGUARD SCOTTSDALE FDS | 17.98% | $55.0M | 919,122 | $59.39 | $59.81 | +$2.5M |
V VEA | VANGUARD TAX-MANAGED FDS | 6.88% | $21.0M | 368,965 | $48.46 | $57.01 | -$1.1M |
S SCHB | SCHWAB STRATEGIC TR | 5.93% | $18.1M | 761,428 | $19.05 | $23.83 | +$5.5M |
S SCHF | SCHWAB STRATEGIC TR | 5.92% | $18.1M | 818,515 | $16.81 | $22.10 | +$5.6M |