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Industry Spotlight > Advisors

$2B Advisory and Asset Management Firm Opens in LA

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What You Need to Know

  • The new firm is made up of Audent Family Wealth Advisors and Audent Global Asset Management.
  • The two Audent Capital Partners divisions are being run independently.
  • Two of the founders previously were UBS reps.

The new advisory and asset management firm Audent Capital Partners, representing more than $2 billion in assets under advisement, has opened in Los Angeles to serve affluent individuals and families, business owners, entrepreneurs and entertainment professionals.

The firm is operating as two separate companies: Audent Family Wealth Advisors, a multi-family office advisory company, and Audent Global Asset Management, a boutique asset management company.

The company was founded by Brian Weiner, managing partner of outsourced CIO-CFO services at Audent Family Wealth Advisors; Paul Feinstein, managing partner and chief investment officer of Audent Global Asset Management; and Michael Winn, managing partner, business succession and planning of Audent Family Wealth Advisors.

Weiner was senior director of BNY Mellon from January 2008 to May 2010 and president of Allied Advisors from June 2003 to March 2009, according to his LinkedIn profile.

Winn was a registered broker at firms including Private Advisor Group in 2020, First Republic Securities from 2016 to 2020 and UBS from 2011 to 2016, according to his report on the Financial Industry Regulatory Authority’s BrokerCheck website. Feinstein was a registered broker at firms including Private Advisor Group 2017-2020 and UBS 2003-2017, according to BrokerCheck.

“In a lot of ways Audent Capital Partners is more like a wealth management think tank than a typical financial firm,” Weiner said.

“We specialize in simplifying complex family, business, and market dynamics and serve as a fiduciary offering unbiased and results-driven solutions,” he explained. “Both our companies are truly independent, and we are totally agnostic in terms of the type of assets we advise on or where they are custodied.”

Audent Family Wealth Advisors is serving affluent individuals and families, business owners, entrepreneurs and family offices “seeking the objective guidance of an experienced team of consultants who provide independent and unbiased advice to address the tax planning and financial management needs of its clients,” the firm said. It specializes in two key areas: family office consultancy/personal CIO-CFO services, and business pre-event/income tax/estate planning.

In addition to the two founders, Audent Family Wealth Advisors includes Marc Pierguidi, vice president of CIO-CFO services, who has more than two decades of accounting and financial services experience working with high-net-worth clients., the company said.

Meanwhile, Audent Global Asset Management is a full-service investment boutique providing global investment solutions covering equities, fixed income, alternatives, venture capital and derivatives in actively managed and tax-efficient portfolios that align with clients’ goals, the firm said.

Working alongside Feinstein is Gregg Kaplan, vice president and derivatives portfolio specialist, who brings more than two decades of experience in derivative and equity trading, execution and risk management, the company said.

(Image: Shutterstock)