Multi-Family OfficeRIA · CRD 334359SEC-Registered

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Equanimity Wealth

Equanimity Wealth was founded in 2013 by Adam Cornwell in San Francisco, who previously built a wealth management practice at Goldman Sachs and later...

Equanimity Wealth

Equanimity Wealth was founded in 2013 by Adam Cornwell in San Francisco, who previously built a wealth management practice at Goldman Sachs and later co-founded an independent advisory firm. The multi-family office structure was designed for families seeking transparent, conflict-free investment guidance without the product-distribution constraints of traditional wirehouses. The firm deploys capital across a diversified mix of asset classes, including direct private-equity co-investments, venture capital funds, real estate partnerships, private credit, and hedge fund allocations. Equanimity Wealth does not market a proprietary fund of funds; instead, it builds bespoke portfolios via manager selection and direct deal flow. Known portfolio exposures include technology-focused venture funds and opportunistic real estate investments in the US and select international markets (per public record). Equanimity Wealth operates with a team of roughly a dozen professionals, primarily investment analysts and client advisors. The firm maintains no disclosed additional offices beyond its San Francisco headquarters. It does not manage a separate philanthropic foundation or an operating company as part of its structure. Adam Cornwell remains the CEO and primary investment decision-maker (per public record). A structural differentiator is Equanimity Wealth's fee model: the firm charges a flat retainer rather than a percentage of AUM, aligning incentives with family clients. This independence from transaction-based revenue emphasizes open architecture and fiduciary responsibility across all investment recommendations.

General information

Firm type

Multi Family Office

Year founded

2013

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Adam Cornwell

Founder & CEO

Sector focus

Real EstatePrivate EquityVenture CapitalHedge FundsPrivate Credit

Frequently asked questions

Who runs investment decisions at Equanimity Wealth?

Adam Cornwell, Founder and CEO, oversees all investment decisions. He previously built a wealth advisory practice at Goldman Sachs before launching the firm in 2013 (per public record).

Is Equanimity Wealth structured as a single family office or a multi-family office?

Equanimity Wealth operates as a multi-family office, serving multiple ultra-high-net-worth families. It does not manage capital for a single founding family, but rather for a select group of unrelated families seeking independent advice.

How does Equanimity Wealth source investment opportunities?

The firm sources deal flow through a network of independent manager relationships and direct co-investment partnerships, primarily in private equity, venture capital, and real estate. Equanimity Wealth does not maintain an internal proprietary deal-sourcing team; it relies on external relationships and manager vetting.

Does Equanimity Wealth invest in direct deals or only through funds?

The firm does both. It makes direct co-investments alongside selected private equity and real estate operators, and also commits capital to external funds. Direct deals are typically in the lower-middle-market private equity and real estate space.

What investment stages does Equanimity Wealth typically target?

Equanimity Wealth focuses on late-stage venture capital, growth equity, and direct private-equity buyouts, as well as opportunistic real estate. It does not target early-stage or seed-stage venture investments as a primary strategy.

How is Equanimity Wealth compensated, and does that create conflicts?

Equanimity Wealth charges a flat retainer fee rather than a percentage of assets under management. This fee model is designed to eliminate the conflict of interest inherent in AUM-based advisors who may be incentivized to gather assets rather than optimize performance. The firm does not receive commissions or 12b-1 fees (per the firm's stated philosophy).

Does Equanimity Wealth have a minimum net worth or investment threshold?

The firm does not publicly disclose a minimum net worth or investable asset threshold. Given its multi-family office structure and boutique team size, it likely requires clients to be ultra-high-net-worth, typically defined as having at least $30 million in investable assets.

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