# Prattes Wealth Partners Prattes Wealth Partners is a Bank / Wealth / Trust based in Newport Beach, United States. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Newport Beach, United States - **Region:** North America - **Address:** 620 Newport Center Drive, Suite 1100, Newport Beach, CA 92660, United States - **Founded:** 2018 - **Assets under management:** Undisclosed - **Website:** pratteswealth.com - **LinkedIn:** https://www.linkedin.com/company/prattes-wealth-partners ## Regulatory record - **CRD number:** 298746 - **SEC file number:** 801-124726 - **Registration status:** Registered - **Latest Form ADV filing:** 2026-04-06T05:00:00.000Z - **Reports private funds:** Yes - **Private funds reported:** 0 ## About 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. ## Sectors - Enterprise Software - Consumer Goods - Financial Services ## People - Jason Prattes — President and Co-Chief Investment Officer - Andy Preikschat — Co-Chief Investment Officer - Larry Yu — Senior Vice President, Chief Compliance Officer - Ann P. Chen — Director, Investment research ## Questions ### Who runs investment decisions at Prattes Wealth Partners? Jason Prattes and Andy Preikschat serve as co-Chief Investment Officers. Prattes shapes the overall client strategy and portfolio construction, drawing on his experience at National Retirement Partners. Preikschat runs the private-investment search, targeting category-leading software and consumer companies primarily in overlooked overseas markets. ### How does Prattes Wealth Partners source proprietary private deals? The firm taps a network of independent sponsors, family offices, and private fund managers to invest in category-dominating companies. Co-CIO Andy Preikschat actively searches off the beaten path, applying three filters — number-one category leader, high growth potential, strong management — and has sourced deals in Pakistan and other developing regions. ### Does Prattes Wealth Partners participate in fund commitments or only direct deals? The firm makes direct investments in private companies — including buyouts of established businesses — and negotiates custom structured products with banks, rather than committing to third-party funds. It also evaluates hedge fund managers for customized hedging overlays. ### What investment stages does Prattes Wealth Partners typically target? On the private side, the firm targets growth-stage companies with the potential for a ten-fold return within five years, with a focus on B2B software in developing regions. It also acquires controlling stakes in profitable small businesses such as RV dealerships. The structured-product sleeve seeks capital preservation with quarterly distributions. ### How is Prattes Wealth Partners related to its predecessor firm National Retirement Partners? Jason Prattes joined National Retirement Partners as employee #3 in 2002, where he recruited advisors and learned fund monitoring and manager analysis. NRP was acquired by LPL Financial in 2010. Prattes later formed what is now Prattes Wealth Partners in 2018 as an independent RIA. ### What is Prattes Wealth Partners' known posture on co-investments alongside external GPs? The firm operates independently, directly executing private deals and structured products itself. It does not describe itself as a co-investment partner to external GPs, though it accesses opportunities through its network of independent sponsors and family offices. ## Related profiles - [Prato Capital Management](https://altss.com/profile/prato-capital-management) - [Pravega Ventures](https://altss.com/profile/pravega-ventures) --- Updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/prattes-wealth-partners Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology