Wave Digital Assets LLC
Assets Under Management
$351.6M
Number of Clients
30
Number of Advisors
5
Average Client AUM
$11.7M
AUM per Advisor
$70.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Wave Digital Assets LLC provides discretionary investment advisory services to separately managed entities, pooled investment vehicles, and separately managed accounts. Investments are made in venture capital, digital assets, blockchain, and cryptocurrency sectors. The firm does not offer financial planning, tax, or legal services.
Fee Structure
The firm generally receives management fees, performance fees, and carried interest distributions. Management fees range from 0.1% to 2.0% annually, based on assets under management, payable monthly or quarterly. One client paid a 5.0% upfront management fee. Client fees are negotiated and may vary depending on account size, management style, and investment restrictions.
Areas of Practice
Location
12400 Wilshire Boulevard, Los Angeles, CA, 90025