Prattes Wealth Partners

Prattes Wealth Partners

Jason Prattes founded the SEC-registered Prattes Wealth Partners in 2018, operating out of Newport Beach, California. His earlier career included merchant banking and a formative stint at National Retirement Partners — where he joined as third employee in 2002 — before the company was acquired by LPL Financial in 2010. The firm targets athletes, entrepreneurs and senior executives with an explicit invitation to bypass stated account minimums for certain individuals. The investment strategy layers structured products — custom vehicles built with banks using bonds, options and futures on indexes like the Russell 2000, S&P 500 and Nasdaq — over direct private investments sourced through a network of independent sponsors, family offices and private fund managers. Co-Chief Investment Officer Andy Preikschat hunts for category-leading private companies overseas. He led a 2021 investment in a B2B software firm digitizing retail stores in Pakistan; its valuation rose from $10 million to $90 million inside a year. The firm also executed a full buyout of a top-20 California RV dealership and invested in the number-one peer-to-peer motorcycle rental marketplace. Core allocations span private enterprise software, consumer goods and structured hedges, with geographic exposure extending from the US to Pakistan and broader Asian markets. No AUM is publicly reported. The firm runs lean with a known senior team of four — Prattes and Preikschat as co-CIOs, Larry Yu as chief compliance officer, and Ann P. Chen directing investment research from a Wharton and CFA background that includes work at Hewlett-Packard’s pension group. In February 2024, Jason Prattes published “Five Easy Pieces of Great Advice” on the firm’s blog, signaling continued direct engagement with clients. Structural differentiation rests on a compliance-first architecture unusual for a boutique: Larry Yu custom-builds downside-protected instruments so that even a 10 percent equity drawdown leaves client capital intact. Combined with Preikschat’s mandate to locate private, uncorrelated growth in overlooked geographies, the offering functions as a barbell — engineered protection on one end, concentrated venture-style bets on the other — without the fund-of-funds layer that most comparably sized RIAs use to access those return profiles.