Sax Wealth Advisors, LLC
SAX Wealth Advisors, LLC is an independent registered investment adviser headquartered in Parsippany, NJ, wholly owned by SAX LLP, a nationally ranked accounting, tax, and advisory firm. Founded in 1999, SAX Wealth Advisors operates as a fee-only advisor, recognized by the National Association of Personal Financial Advisors (NAPFA), and serves clients including high-net-worth individuals, families, trusts, corporations, small businesses, charitable organizations, and qualified retirement plans. The firm has additional offices in Ewing, NJ, New York City, NY, Londonderry, NH, and Concord, MA, and is staffed by about 39 employees as of mid-2025.
Investment Strategy
SAX Wealth Advisors provides discretionary and non-discretionary wealth management, employing a consultative, client-centric approach. They collaborate closely with clients to establish risk profiles and investment objectives, create tailored Investment Policy Statements (IPS), and design diversified portfolios primarily composed of no-load mutual funds and ETFs. SAXWA regularly analyzes financial conditions, implements investment recommendations, monitors performance, and conducts periodic reviews. The firm emphasizes passive investment strategies (notably using Dimensional Fund Advisors), fiduciary standards, and comprehensive planning—covering retirement, tax, estate, charitable gift planning, college funding, risk management, and transition planning for investors' asset allocations.
Top Holdings
Equity Positions (435)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DFUS | DIMENSIONAL ETF TRUST | 13.89% | $258.4M | 3,566,773 | $56.22 | $72.44 | +$28.8M |
F FBND | FIDELITY MERRIMACK STR TR | 8.47% | $157.6M | 3,407,495 | $45.63 | $46.24 | +$36.6M |
Q QQQM | INVESCO EXCH TRADED FD TR II | 5.34% | $99.3M | 401,956 | $184.33 | $247.12 | +$15.3M |
Q QUAL | ISHARES TR | 4.60% | $85.7M | 440,423 | $151.54 | $194.50 | +$2.5M |
D DFAC | DIMENSIONAL ETF TRUST | 4.30% | $80.0M | 2,074,151 | $27.33 | $38.57 | +$4.0M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
P PG | PROCTER AND GAMBLE CO | New | Call | $48.7K | 797 | $153.65 | $153.65 | +797.35 | +$48.7K |