Palo Alto Wealth Advisors, LLC
Palo Alto Wealth Advisors, LLC is an SEC-registered investment advisory firm based in Palo Alto, California. Founded in September 2016 by Ryan K. Schmidt and Nathan T. Blair, the firm provides investment advisory and financial planning services primarily to individuals, high net worth individuals, trusts, and estates, with a specialization in serving technology professionals. With a team of about 5 to 6 employees, Palo Alto Wealth Advisors operates as a fiduciary, maintaining a duty of loyalty, fairness, and good faith towards each client. The firm manages hundreds of millions in assets and serves clients nationwide.
Investment Strategy
Palo Alto Wealth Advisors develops tailored investment strategies in partnership with each client to meet their specific goals, risk tolerance, investment horizon, and financial situation. The firm employs strategic asset allocation, portfolio construction, and ongoing investment management and oversight. Their approach focuses on disciplined asset allocation, diversified portfolios, and alignment with client objectives, mainly for technology professionals and high net worth clients. They construct portfolios with a mix of equities and ETFs selected for quality, dividend growth, and factor exposures, plus periodic rebalancing according to changing client needs and market conditions.
Top Holdings
Equity Positions (55)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GOOG | ALPHABET INC | 29.00% | $76.6M | 432,099 | $162.08 | $177.39 | +$6.6M |
G GOOGL | ALPHABET INC | 12.95% | $34.2M | 194,304 | $153.74 | $176.23 | -$7.7M |
Q QUAL | ISHARES TR | 8.31% | $22.0M | 120,144 | $136.34 | $182.82 | +$1.6M |
D DGRW | WISDOMTREE TR | 7.27% | $19.2M | 229,642 | $62.95 | $83.74 | +$1.1M |
N NVDA | NVIDIA CORPORATION | 5.88% | $15.5M | 98,339 | $112.81 | $157.99 | +$6.6M |