DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Optimal Wealth

Former SEC-registered adviserSudbury, MassachusettsCRD 306120SEC 801-117614IAPD
Legal name Optiwealth LLC
Latest filing Jun 12, 2020
First filing on the tape Oct 10, 2019 · 7 filings
RAUM
$56.3M
reported, Item 5.F
Discretionary
49%
of RAUM
Private clients
100%
$56.3M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$56.3M as of Jun 12, 2020
Oct 10, 2019$0 then
HNW client RAUM$46.4M as of Jun 12, 2020
Mar 10, 2020$46.4M then
State-registered IARs (5.B.3)1 as of Jun 12, 2020
Oct 10, 20191 then
Employees (5.A)2 as of Jun 12, 2020
Oct 10, 20192 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jun 12, 2020; every figure names its basis
RAUM per advisor
$56.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
49%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$46.4M82%
  • Individuals$9.9M18%
Individual clients
17reported
HNW clients
24reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
42reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, commissionsreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 days1 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gene Ira Sager · Managing Member, Managing Director And Chief Compliance Officercontrol
    since 10/2019 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Sudbury, Ma · principal001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory activities · 3 to 4
    Apr 17, 2020 to Jun 12, 2020
  • Commission compensation · false to true
    Apr 17, 2020 to Jun 12, 2020
  • Accounts · 0 to 42
    Nov 6, 2019 to Mar 10, 2020
  • HNW clients · unset to 24.0
    Nov 6, 2019 to Mar 10, 2020
  • Individual clients · unset to 17.0
    Nov 6, 2019 to Mar 10, 2020
  • Financial planning clients · 0 to 1-10
    Nov 6, 2019 to Mar 10, 2020
  • Discretionary RAUM · $0 to $27.5M
    Nov 6, 2019 to Mar 10, 2020
  • HNW RAUM · unset to 46421364.0
    Nov 6, 2019 to Mar 10, 2020
  • Individual RAUM · unset to 9856307.0
    Nov 6, 2019 to Mar 10, 2020
  • Non-discretionary RAUM · $0 to $28.8M
    Nov 6, 2019 to Mar 10, 2020
  • RAUM · $0 to $56.3M
    Nov 6, 2019 to Mar 10, 2020
  • Advisory activities · 2 to 3
    Nov 4, 2019 to Nov 6, 2019
  • Wrap assets (manager) · 0.0 to unset
    Oct 10, 2019 to Nov 4, 2019
  • Wrap assets (sponsor) · 0.0 to unset
    Oct 10, 2019 to Nov 4, 2019
Signals
2 dated events
  • Ira Gene Sager left Optimal Wealth for Advisors Capital Management, Llc (registered 2026-06-15)
    Jun 30, 2026 · Advisor changed firm · fact
  • Optimal Wealth filed its initial SEC registration (Form ADV)
    Oct 10, 2019 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026