# Prattes Wealth Partners

> Prattes Wealth Partners is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 6, 2026.

- CRD: 298746
- Filed as: PRATTES WEALTH PARTNERS
- Legal name: Jason a Prattes Financial Inc
- Also doing business as: PRATTES FINANCIAL, SPRIVE CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newport Beach, CA
- Filing period: October 2026
- Form ADV filing dated: April 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298746
- AdvisorCensus page: https://advisorcensus.com/firm/prattes-wealth-partners-newport-beach-ca-298746

## Quick answers

**How is Prattes Wealth Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Prattes Wealth Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees.

**What does Prattes Wealth Partners' brochure say about its fees?**
Its Form ADV Part 2A brochure dated April 6, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Prattes Wealth Partners located?**
Prattes Wealth Partners' principal office is in Newport Beach, CA, according to its Form ADV.

**Is Prattes Wealth Partners registered with the SEC or a state?**
Prattes Wealth Partners is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 298746.

**How much does Prattes Wealth Partners manage?**
Prattes Wealth Partners reports $243,553,033 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (75% discretionary).

**How have Prattes Wealth Partners' assets and staff changed since 2022?**
In the Form ADV data for Prattes Wealth Partners: Regulatory assets under management: $126,842,478 in the October 2022 data and $243,553,033 in the October 2026 data, up 92%. Total employees: 5 in October 2022 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prattes Wealth Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49); high net worth individuals (42); pension and profit sharing plans (but not the plan participants or government pension plans) (9).

**Which custodians does Prattes Wealth Partners use?**
Prattes Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets.

**Does Prattes Wealth Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/298746

**Does Prattes Wealth Partners state an account minimum?**
Its Form ADV Part 2A brochure dated April 6, 2026 says: "Prattes does not require a minimum account balance for our investment management services."

**What changed in Prattes Wealth Partners' recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $180,293,804 to $243,553,033 (+35%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated April 6, 2026)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> Pursuant to the terms of the Investment Management Agreement with the client, Prattes charges an annual asset-based fee equal to a maximum of 1.5% based on the client’s assets under management (“AUM”) as valued by the custodian.

- Account minimum: None

> Prattes does not require a minimum account balance for our investment management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Interactive Brokers LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $243,553,033
- Discretionary: $183,417,033
- Non-discretionary: $60,136,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 49 | $14,583,232 |
| High net worth individuals | 42 | $143,810,975 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $25,022,826 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 9 | $60,136,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, LA, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pratteswealth.com
- sprivecap.com
- Facebook @sprivecapital
- Instagram @sprivecapital
- LinkedIn @jason-prattes-accredited-investment-fiduciary-109204a2

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $126,842,478 | 5 | September 29, 2022 |
| October 2023 | $129,823,650 | 5 | September 27, 2023 |
| October 2024 | $124,368,663 | 5 | March 30, 2024 |
| October 2025 | $180,293,804 | 5 | April 2, 2025 |
| October 2026 | $243,553,033 | 5 | April 6, 2026 |

Regulatory assets under management: $126,842,478 in the October 2022 data and $243,553,033 in the October 2026 data, up 92%.
Total employees: 5 in October 2022 and 5 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $180,293,804 to $243,553,033 (+35%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prattes Wealth Partners (CRD 298746): Form ADV filing data as of October 2026.