A. One Wealth Management Investment and Advisory Services, LLC (the “Adviser,” “we,” “us,” or “our”) doing business as One Wealth Management is an investment adviser founded in 2017, registered with the U.S. Securities and Exchange Commission (“SEC”), and owned by Jeremy Dicker and Jordan Linn through the Jeremy P. Dicker Sole and Separate Living Trust and Jordan A. Linn Revocable Trust, respectively.
We offer services through various investment adviser representatives (“Advisory Persons”).
Certain Advisory Persons utilize separate business names that are used for marketing purposes and may appear on marketing materials or client statements. The client should understand that business names belong to the applicable Advisory Person and not the Adviser. Advisory Persons are under our supervision, and the advisory or solicitation services of Advisory Persons are provided through us. We have the arrangement described above with respect to the following business name: One Wealth Management.
B. Adviser provides Clients with a broad range of investment advisory services, primarily to individuals and their retirement trusts. We primarily provide advice with respect to accounts directed by Advisory Persons as described below. From time to time, however, we recommend the use of independent and unaffiliated third-party money managers and platforms (“Independent Managers”) and may also provide financial planning services for a fee either directly or through a custodian’s program. Such services consist of comprehensive financial planning and discretionary and nondiscretionary asset management services. In order to create a comprehensive wealth management strategy, Adviser will typically integrate financial planning, asset management services and non investment related matters such as estate planning, tax planning, insurance planning, family education, philanthropic planning, and other components of financial planning.
i.Financial Planning Services - Adviser provides a variety of financial planning services to individuals and families either as part of its comprehensive wealth management services or pursuant to a written financial planning agreement. Services are offered in several areas of a client’s financial situation, depending on their goals and objectives. Generally, such financial planning services will involve preparing a financial plan or rendering a financial consultation based on the Client’s financial goals and objectives. This planning may encompass one or more areas of need, including, but not limited to investment planning, retirement planning, personal savings, education savings, insurance needs, and other areas of a client’s financial situation.
A financial plan developed for the Client will usually include general recommendations for a course of activity or specific actions to be taken by the Client. For example, recommendations may be made that the Client start or revise their investment programs, commence or alter retirement savings, establish education savings and/or charitable giving programs. Adviser may also refer Clients to an accountant, attorney or other specialist, as appropriate for their unique situation. For certain financial planning engagements, the Adviser will provide a written summary of Client’s financial situation, observations, and recommendations, while for others, the Adviser may not provide a written summary. Plans or consultations are typically completed within six months of contract date, assuming all information and documents requested are provided promptly.
Financial planning recommendations pose a conflict between the interests of the Adviser and the interests of the Client. For example, the Adviser has an incentive to recommend that Clients engage the Adviser for asset management services or to increase the level of investment assets with the Adviser, as it would increase the amount of advisory fees paid to the Adviser. Clients are not obligated to implement any recommendations made by the Adviser or maintain an ongoing relationship with the Adviser. If the Client elects to act on any of the recommendations made by the Adviser, the Client is under no obligation to implement the transaction through the Adviser.
ii.Asset Management Services - Adviser works with each Client to identify their investment goals and objectives as well as risk tolerance and financial situation in order to create an investment strategy and create a portfolio of investments. The Adviser will then develop a strategic asset allocation based on the Client’s investment objectives, conducting due diligence on managers across the spectrum of investment strategies, selecting managers to implement the allocation internally developed, and providing ongoing monitoring of the investments. Adviser may utilize one or more unaffiliated investment managers or investment platforms (collectively “Independent Managers”) to assist in the management of Client assets.
For its high-net-worth clients, Adviser may recommend investments into unaffiliated private investment vehicles, which may in turn invest in real estate properties, real estate mortgages, private equity, venture capital or other investments and areas. Private investments may be recommended to Clients only under certain conditions if the respective investment is appropriate for the Client. Assets invested into a private investment are invested in accordance with the respective investment’s offering documents. Private investments generally require that all investors meet the definition of “accredited investors”, and/or also require investors to be “qualified purchasers” within the meaning of Section 2(a)(51) of the Investment Company Act of 1940 Act. These investments generally require a minimum investment in the amount of $100,000. Clients invested in a private investment should consult the offering documents for information regarding its investment program, limitations on withdrawal, and risk factors.
Adviser’s investment management approach is primarily long-term focused, but the Adviser may buy, sell or re-allocate positions that have been held for less than one year to meet the objectives

of the Client or due to market conditions. Adviser will construct, implement and monitor the investment strategy to ensure it meets the goals, objectives, circumstances, and risk tolerance agreed to by the Client. Each Client will have the opportunity to place reasonable restrictions on the types of investments to be held in their respective portfolio, subject to acceptance by the Adviser.
Adviser evaluates and selects investments for inclusion in Client investment portfolios only after applying its internal due diligence process. Adviser may recommend, on occasion, redistributing investment allocations to diversify the portfolio. Adviser may recommend specific positions to increase sector or asset class weightings. The Adviser may recommend employing cash positions as a possible hedge against market movement. Adviser may recommend selling positions for reasons that include, but are not limited to, harvesting capital gains or losses, business or sector risk exposure to a specific security or class of securities, overvaluation or overweighting of the position(s) in the portfolio, change in risk tolerance of the Client, generating cash to meet Client needs, or any risk deemed unacceptable for the Client’s risk tolerance.
iii.Use of Independent Managers - When deemed to be in the Client’s best interest, Adviser will recommend that a Client utilize one or more Independent Managers for all or a portfolio of a Client’s investment portfolio. In such instances, the Client will generally enter into an advisory agreement with the Independent Manager(s) that defines the terms in which the Independent Manager(s) will provide investment management and related services. Adviser may also assist in the development of the initial policy recommendations and managing the ongoing Client relationship. Adviser will perform initial and ongoing oversight and due diligence over the selected Independent Manager(s) to ensure the Independent Managers’ strategies and target allocations remain aligned with its clients’ investment objectives and overall best interests. The Client, prior to entering into an agreement with an Independent Manager, will be provided with the Investment Manager’s Form ADV Part 2A and Part 2B (or a brochure that makes the appropriate disclosures).
iv.Use of Turnkey Asset Management Platforms - From time to time Adviser recommends and/or selects one or more Turnkey Asset Management Platforms (“TAMPs”) to handle all or a portion of the asset management process. TAMPs typically provide technology, investment research, portfolio management and other outsourcing services. TAMPs generally provide services that enable Advisers to integrate multiple providers, programs, products, and custodians. Adviser currently offers advisory services through TAMPs sponsored by, among others: Townsquare Capital, LLC. Adviser may offer the advisory services of other TAMPs in the future. For more information regarding these programs, including additional information on the advisory services and fees that are applicable, the types of investments available in the programs and the potential conflicts of interest presented by the programs, please refer to the information we or the applicable TAMP provides (including, but not limited to, the applicable TAMP’s brochure and agreements.
C. Prior to engaging Adviser to provide investment advisory services, each Client is required to enter into one or more agreements with the Adviser that define the terms, conditions, authority and responsibilities of the Adviser and the Client. When managing assets on a discretionary basis, the Adviser will retain the discretion to buy, sell, or otherwise transact in securities and other investments in a client’s accounts without first receiving the client’s specific approval for each transaction. Such discretionary authority is granted by a client in his or her investment management agreement with Adviser. When managing assets on a non-discretionary basis, the Adviser will not be granted the discretion to buy, sell, or otherwise transact in securities and other investments in a client’s accounts, and may do so only upon receiving the client’s specific approval for each transaction.
D. Adviser does not participate in any wrap fee programs.
E. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (the “Code”), as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must: i.Meet a professional standard of care when making investment recommendations (give prudent advice); ii.Never put our financial interests ahead of yours when making recommendations (give loyal advice); iii.Avoid misleading statements about conflicts of interest, fees, and investments; iv.Follow policies and procedures designed to ensure that we give advice that is in your best interest; v.Charge no more than is reasonable for our services; and vi.Give you basic information about conflicts of interest.
F. As of December 31, 2023, Adviser had regulatory assets under management of $343,775,050.
This includes $321,518,767 on a discretionary basis and $22,256,283 on a non-discretionary basis. After adding in applicable Client personal property, outside investments, and other real assets for which the Adviser renders advice (but does not otherwise meet the definition of “regulatory assets under management”), Adviser had a combined assets under advisement and regulatory assets under management of approximately $368,723,900.
Assets under advisement include non-GAAP accounting assets and values that are derived from information provided by the Clients we represent and are not verified by Adviser. Clients may request more current information at any time by contacting the Adviser.