Reshape Wealth

Reshape Wealth operates as a registered investment advisor (RIA). As an RIA, the firm holds a legal fiduciary duty to its clients, meaning it must recommend investments and strategies solely in the client's best interest, not based on commissions or proprietary product incentives. This distinguishes it from broker-dealers, who operate under a suitability standard. The firm's exact CRD number and state registration details can be verified through the SEC's Investment Adviser Public Disclosure database.

There is no public record of Reshape Wealth allocating client capital to alternatives such as private equity, venture capital, hedge funds, or direct real estate. Its documented strategy relies on publicly traded securities including equities, fixed income, ETFs, and mutual funds. Any allocation to alternatives would require retail-accredited investor status and would currently be undocumented in the firm's visible materials.

The identity of the chief investment officer or lead portfolio manager at Reshape Wealth is not disclosed in available public sources. No named principals appear on the firm's website or in industry databases. For a prospective client, the advisor assigned to their individual relationship is typically the primary decision-maker within the agreed-upon model portfolio framework.

Reshape Wealth almost certainly does not custody its own assets, given its profile as a non-bank RIA. The vast majority of independent RIAs use third-party custodians such as Charles Schwab, Fidelity, or Pershing to hold client assets, providing a layer of separation between advisory and custody functions. The specific custodian used by the firm is not a matter of public record and would be disclosed in a client's advisory agreement.

An institution or allocator vetting Reshape Wealth should pull its Form ADV filings directly from the SEC's Investment Adviser Public Disclosure (IAPD) website. Form ADV Part 1 will detail the firm's AUM, number of clients, types of clients, and any disciplinary history. Part 2 is a plain-English brochure that the firm is legally required to provide to all clients, describing its services, fees, and potential conflicts of interest.