Wealth Benefit Advisors, Llc
- Regulatory AUM
- $381M
- Discretionary
- $334M
- Clients
- 187
- Avg AUM / client
- $2.0M
- Accounts
- 487
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 07, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 88 | $30.7M | 8.07% |
| High net worth individuals | 62 | $246M | 64.7% |
| Charitable organizations | Fewer than 5 clients | $676K | 0.18% |
| Corporations and other businesses | 18 | $81.3M | 21.4% |
| Other | 19 | $21.9M | 5.74% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Frank Idrees | Managing Principal | Apr 2022 (4y) | 75% or more | |
| Herreira, Dianne, Luana | Chief Compliance Officer | Jun 2023 (3y) | Less than 5% | |
| Careena Patel | Registered representative | Mar 2026 (0y) | ||
| Sean Michael Bates | Registered representative | Mar 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/07/2026 | 903 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
Custody
Reported custodians
- Raymond James $363M (95% of AUM) Apr 2026
- Charles Schwab & Co. $32.1M (12% of AUM) Sep 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 07, 2026.
View current Form ADV (SEC/IAPD) ↗