Arista Wealth Management is a fee-based financial advisor firm headquartered in Las Vegas, Nevada. It has a secondary location in Draper, Utah. The firm mostly provides financial planning, retirement planning and investment management services. Arista Wealth Management, which serves a variety of individual and instiutional clients, holds spots on SmartAsset's lists of the top financial advisors in Las Vegas and top financial advisors in Nevada.
Arista Wealth Management Background
Arista Wealth Management has been in business in Nevada since 2006. It was founded by firm president Paul Moffat, who has spent more than 20 years in the financial services industry. The rest of the staff averages about 20 years of experience.
The firm has a team of advisors who hold several professional credentials, including the Certified Financial Planner™ (CFP®), accredited investment fiduciary (AIF) and qualified 401(k) administrator designations.
Arista Wealth Management Client Types and Minimum Account Sizes
The firm works with individuals above and below the high-net-worth mark, as well as retirement plans, insurance companies and charitable organizations.
While the firm previously required a minimum account size of $500,000, it has since instituted a $5,000 minimum annual fee, instead.
Services Offered by Arista Wealth Management
Arista Wealth Management provides a range of advisory services including investment management, retirement planning, financial planning and access to private offerings.
Its Investment Management Services are offered on both a discretionary and non-discretionary basis, with portfolios typically built using mutual funds, ETFs, and other securities that are regularly monitored and rebalanced. The firm also partners with third-party managers and sub-advisors through platforms like Orion Communities and Schwab Marketplace, with client approval required for private fund allocations.
Beyond portfolio management, Arista offers Wealth Coaching Services that extend into education planning, budgeting, real estate investing, family training and concierge offerings like advanced tax planning, charitable giving and estate coordination.
Its Strategic Business Services support corporate and personal clients with matters such as governance, mergers and acquisitions, cash flow management and exit strategies. Arista’s Financial Planning Services provide comprehensive or focused planning, including retirement and Social Security analysis, asset accumulation and distribution strategies and Monte Carlo simulations, offered on either a one-time or ongoing basis.
Additionally, through its affiliate Arista Real Estate Manager, LLC, the firm manages private real estate investment funds, primarily in multifamily assets, which are available only to qualified investors.
Arista Wealth Management Investment Philosophy
Arista Wealth Management’s investment philosophy is rooted in modern portfolio theory and a predominantly passive, index-based approach. The firm designs portfolios to match each client’s goals, risk tolerance, and time horizon, often using diversified allocations of mutual funds and exchange-traded funds (ETFs), including Vanguard and Dimensional Fund Advisors funds.
Strategies may also include model portfolios, long-term purchases, and private real estate offerings through its affiliate. While generally emphasizing diversification and cost efficiency, Arista may also collaborate with active third-party managers when appropriate, acknowledging the added risks and fees of active management.
Arista Wealth Management Fees
Arista Wealth Management typically charges an annual fee for managing investments, which is based on the size of your portfolio and won’t exceed 2.0%. These fees are usually taken directly from your account and can sometimes be adjusted or negotiated.
Family members’ accounts can be grouped together to lower overall costs, and fees are pro-rated if an account is only active for part of a quarter. While Arista doesn’t charge performance-based fees, clients who choose certain private real estate investments managed by the firm’s affiliate may indirectly pay a share of profits through what’s called carried interest.
For retirement plans, fees can either be a flat rate anywhere from $750 to $10,000 or a percentage of plan assets, capped at 1.50% per year. Some plans may also have one-time setup or maintenance charges of up to $7,500. Financial planning and wealth consulting fees vary depending on the level of support needed, and they can be charged as a flat retainer or a percentage of assets, billed monthly or quarterly. If outside money managers are used, their fees (usually 0.28% to 0.50%) are added on top of Arista’s, and clients are also responsible for fund expenses if they invest in private funds.
What to Watch Out For
According to its Form ADV, Arista Wealth Management has no disclosures to its name.
Potential clients should be aware that some of the advisors at Arista Wealth Management sell insurance policies. They may earn additional compensation from the insurance company for these sales. This may create a potential conflict of interest, though the firm and its advisors are bound by fiduciary duty, which requires them to act in your best interest at all times.
Opening an Account With Arista Wealth Management
Arista Wealth Management provides two simple ways to reach out. You can call and set up an in-person appointment at the firm. If that doesn’t work for you, you can fill out the online form the firm provides on the “Contact” page of its website. The form asks for your name, phone number, email address and a description of the type of services you’re interested in. You can also reach out over the phone at (702) 309-9970.
Your preliminary meeting with an advisor will consist of a discussion regarding your current financial situation and how you can reach your ultimate goals. Based on this discussion, your prospective advisor will build a custom wealth report that you can look over prior to deciding whether to work with the firm.
All information is accurate as of the writing of this article.
Tips to Get Your Retirement Savings on Track
- Financial advisors deal with individuals’ retirement savings plans and the investment market on a daily basis, giving them ample experience in this complicated field. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- One of the most cost-effective ways to begin saving for retirement is to contribute to your company's 401(k) plan, if it offers one. You should talk to your HR representative to find out the specifics of your company’s program, but many companies provide a 401(k) company match. While independent retirement accounts and other products should definitely be a part of your plan as well, this is a great starting point.
