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Mittelman Wealth Management LLC

Multifamily office listing in Ra'Anana, Israel.

  • SEC-registered
Regulatory AUM
$205 million
Employees
1
Clients
1-10
SEC CRD
313042

Independent, fee-only multi-family office providing wealth management and multi-generational planning for client families.1

Overview

Mittelman Wealth Management is an independent, fee-only, SEC-registered multi-family office. It combines wealth management with financial, retirement, tax-minimization, estate, trust, philanthropy, and nonprofit advisory services.1

Leadership

S. Joel Mittelman, CFA, CFP, CPA, serves as President and Chief Investment Officer. The firm says his experience includes BNY Mellon, Fidelity, McKinsey & Company, Deloitte & Touche, Fiduciary Trust, and Wellington Management. He holds an MBA from Carnegie Mellon University and a BS in Business Administration from the University of New Hampshire.2

The board of advisors includes Stephen Alepa, Mark Donohue, Barry Finegold, Alex Goldman, Peter Lachance, Nevin Markwart, Dick Santagati, and Debra Silberstein. Their expertise spans investment operations, strategic finance, PropTech, real estate, entrepreneurship, compliance, cybersecurity, nonprofits, philanthropy, and trusts and estates.2

Services

The firm provides financial planning, retirement planning, cash-flow modeling, tax strategy, charitable-giving guidance, trust and estate advisory, next-generation education, nonprofit consulting, trustee services, and intergenerational wealth-transfer planning.3

Investment services include customized portfolios, ESG and SRI investing, risk-sensitive strategies, and tax-efficient investment management. The firm works with individual, IRA, trust, 529 college-savings, donor-advised-fund, endowment, and foundation accounts.3

What the firm offers

  • Investment management
  • Financial planning
  • Tax planning
  • Trust and fiduciary
  • Philanthropy
  • Family governance and education
  • Risk and insurance
  • Retirement planning

Client Focus

Mittelman Wealth Management serves client families and supports individuals, trusts, retirement accounts, charitable vehicles, endowments, and foundations. Its planning model connects investment decisions with family circumstances, life events, cash flow, financial plans, and estate plans.1

Approach

The firm describes an investment approach centered on long-term positioning, asset allocation, risk mitigation, and avoiding emotional reactions and market timing. It maintains a client investment policy statement and applies institutional-quality risk management while monitoring accounts frequently and using discretionary investment authority.4

Assets and Minimums

Mittelman Wealth Management LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser under CRD 313042 and SEC file number 801-120590. The firm reports $204,612,176 in regulatory assets under management as of March 28, 2026, all in discretionary accounts.5

The firm’s Form CRS says it generally does not require a minimum dollar amount to open or maintain an advisory account.6

By the numbers

Regulatory AUM by year$0K$67M$134M$201M$268M20212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 313042. As of .
Regulatory assets under management
YearRegulatory AUMDiscretionaryNon-discretionary
2021$117 million$117 million$0
2022$148 million$148 million$0
2023$162 million$162 million$0
2025$243 million$243 million$0
2026$205 million$205 million$0
Average AUM per client by year$0K$4M$8M$12M$16M20212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 313042. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of .
Average AUM per client
YearAverage AUM per client
2021$15 million
2022$15 million
2023$12 million
2025$8 million
2026$6 million
Employees by year0011120212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 313042. As of .
Employees reported on Form ADV
YearEmployees
20211
20221
20231
20251
20261

FAQs

What does Mittelman Wealth Management do?

It provides investment management and wealth planning, including financial, retirement, tax, estate, trust, philanthropic, nonprofit, and intergenerational planning services.1

Who leads the firm?

S. Joel Mittelman, CFA, CFP, CPA, is President and Chief Investment Officer. The firm also has a board of advisors with experience across investments, finance, real estate, compliance, cybersecurity, philanthropy, and trusts and estates.2

Does the firm require a minimum account size?

Its Form CRS says it generally does not require a minimum dollar amount to open or maintain an advisory account.6

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    Profiles for CUSTOS FAMILY OFFICE LLC, Blossom Wealth Management, and Freedom Family Office, LLC offer similar points of comparison on this site. A reader can review how other firms present services for wealthy families and business owners before considering Mittelman's planning and governance offerings.

Sources

  1. Mittelman Wealth Management
  2. Mittelman Wealth Management About
  3. Mittelman Wealth Management Services
  4. Mittelman Wealth Management Services
  5. SEC AdviserInfo Firm Summary and Form ADV
  6. Mittelman Wealth Management Form CRS

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.

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