Optas, LLC

Optas, LLC, a registered investment adviser based in Austin, TX, offers financial planning, consulting, and investment management services. Established in 2019, Optas is owned by Frederick M. Glasser Jr. and Meghan Railey. As of December 31, 2024, the firm reports $741,352,124 in discretionary assets under management. Optas tailors its services to meet individual client needs, providing services such as financial planning, investment management, and retirement plan consulting. The firm may recommend engaging its Supervised Persons for additional services, acting as insurance agents or other professionals. Optas charges fees based on assets under management, with annual fees not exceeding 1.5% for Investment Management and 2.00% for Comprehensive Portfolio Management. The firm may also offer tax preparation, estate planning, and investment strategies such as asset allocation and fixed income investments. Optas uses various methods of analysis, including charting, cyclical analysis, fundamental analysis, and technical analysis. The firm has a Code of Ethics in place to ensure fair practices and compliance with securities laws. Optas recommends custodians like Fidelity and Schwab, providing access to investment products and services. The firm does not compensate third-party solicitors for client referrals and does not have custody of client funds directly. Clients may grant Optas investment discretion, allowing the firm to make decisions on their behalf. Optas does not vote client securities but may engage Independent Managers to do so. The firm does not have any financial conditions that may impair its ability to meet client commitments.