Avid Wealth Partners, LLC

Avid Wealth Partners, LLC is a registered investment adviser offering financial planning, consulting, and investment management services. Established in September, the firm is owned by Avid Capital, LLC, led by Eric Kala and Alicia Fuschak. As of December 31, 2023, the firm managed $206,069,785 in assets, with a discretionary basis of $205,858,362 and a non-discretionary basis of $211,424. AWP provides a range of financial planning services, including business planning, estate planning, investment planning, and retirement planning. The firm also offers wealth management services, primarily allocating assets among mutual funds, ETFs, and individual securities. AWP may recommend hedge funds based on client needs and risk tolerance. The firm may receive one-time fees for estate planning support and charges an annual fee based on a blended tier fee schedule for investment management services. AWP may recommend services from Avid Consulting, LLC, its affiliate, and may receive referral compensation. The firm recommends the use of Fidelity Investments or Charles Schwab for custody and brokerage services. AWP exercises investment discretion for some clients and does not vote client securities. The firm does not have any disciplinary events and does not require prepayment exceeding $1,200. Clients receive regular account statements and reports, and the firm does not accept authority to vote client securities. AWP does not have custody of client funds unless authorized through a standing letter of authorization.