OneWelth Inc. (“OneWelth” and/or “the firm”) is a corporation formed in the State of Delaware. Kishore Mirchandani and Gaurav Mirchandani the principal owners of OneWelth. OneWelth has been providing investment advisory services since 2023. The following paragraphs describe our services and fees. You may see the term Associated Person throughout this Brochure. As used in this Brochure, this term refers to anyone from our firm who is an officer, employee, and all individuals providing investment advice on behalf of our firm. Where required, such persons are properly licensed or registered as investment adviser representatives. Currently, we offer the following investment advisory services, personalized for each individual client:
• Portfolio Management Services
• Selection of Third-Party Investment Advisers
• Family Office Services
• SPV Consulting Services Portfolio Management Services Our firm offers discretionary, and in limited cases, non-discretionary portfolio management services to our clients. Discretionary portfolio management means we will make investment decisions and place buy or sell orders in your account without contacting you prior to each transaction. These decisions would be made based upon your stated investment objectives. If you wish, you may limit our discretionary authority by, for example, setting a limit on the type of securities that can be purchased for your portfolio. Simply provide us with your restrictions or guidelines in writing. If you have engaged us for non-discretionary portfolio management services, we will obtain your approval prior to executing any transactions in your account(s). Our investment advice is tailored to meet our clients’ needs and investment objectives. If you decide to hire our firm to assist you with the management of your portfolio, an Associated Person of OneWelth will meet with you and gather information about your financial situation, investment objectives, and any reasonable restrictions you would like to impose on the management of the account. The information we gather will help us implement an asset allocation strategy that will be specific to your needs and goals. All accounts are managed in accordance with the client’s investment needs. We do not specialize in specific types of securities. We can advise clients on all types of securities, such as exchange listed equities, over the counter equities, foreign issues, American depository receipts, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (including mutual funds and exchange traded funds), US Government securities, options contracts on securities and/or commodities, structured products, private placements, private equity instruments, and interests in partnership investing in real estate. Additionally, will provide advice on existing investments you may hold at the inception of the advisory relationship or on other types of investments for which you ask advice. If you engage us for portfolio management services, we will monitor your portfolio’s performance on a continuous basis and rebalance the portfolio whenever necessary, as changes occur in market conditions and/or your financial circumstances. Clients are advised to provide the firm with prompt notice of any changes in their personal financial circumstances, investment objectives, goals, and tolerance for risk. However, OneWelth will contact the client at least annually to determine whether there have been any changes in the client's personal financial circumstances, investment objectives, and tolerance for risk. Selection of Third-Party Investment Advisers OneWelth may recommend certain clients to engage certain third-party advisers for investment advisory services. Factors considered in the recommendation of a third-party investment adviser include, but may not be limited to: i) the client’s risk tolerance, goals and objectives, as well as investment experience; and, ii) the amount of client assets available for investment. In order to assist clients in the selection of a third-party adviser, an Associated Person of OneWelth will typically gather information from the client about the client’s financial situation and investment objectives. The third-party adviser may customize the client's portfolio by blending traditional investment strategies with an allocation to asset classes. The investment strategy may embrace value, growth, or contrarian investing styles. Generally, securities transactions will be decided upon and executed by the third-party adviser on a discretionary basis. This means that the manager selected will have the ability to buy and sell securities in your account without obtaining your approval. OneWelth and its Associated Persons will not manage, or obtain discretionary authority over the assets in accounts participating in these programs. Generally, clients may not impose restrictions on investing in certain securities or types of securities in accounts managed by a third-party adviser. Family Office Services OneWelth provides family office services that are designed to help families coordinate their multiple forms of capital using a holistic and collaborative team approach combining the many elements inherent to a successful life with wealth. Our collective experiences support our belief that a dedicated team of independent and objective professionals working in collaboration with each other in partnership with the family is the best way to serve families of significant wealth. Such a relationship enhances OneWelth’s ability to advise families on the opportunities and risks that their wealth presents, allowing families to make better, educated decisions. Initially, OneWelth meets with the prospective client to obtain information about their overall situation. This information is used to assist OneWelth in understanding a client’s needs and the scope of services that are most appropriate for the client’s situation. The family office services OneWelth will provide will be specifically described in the written agreement you enter into with our firm. Additional services beyond the scope of the written agreement may be provided under separate agreement(s) and may include a separate fee as mutually agreed to by OneWelth and the client. Our family office services vary by family and occasionally within families, but may include the following:
• Portfolio Management Services – Includes development of asset allocation, ongoing portfolio management, and review, including selection and evaluation of investment managers. Further, we may provide customized performance reporting at the portfolio level and at the manager or specific investment level. Additional information about our portfolio management services is provided in the portfolio management services section below.
• Information Management and Coordination – We organize key information and coordinate such information with the family, the family’s accountant, attorney, insurance agents, and other key advisors.
• Estate, Gift & Trust Planning – We provide explanations, summaries, and illustrations of existing and proposed estate planning documents and strategies, including recommendations and education on additional

strategies, considerations for making updates periodically and further coordination with the family’s tax and legal advisor(s) to implement agreed upon strategies or updates.
• Income Tax Planning – Includes planning for the minimization of tax liabilities, including asset location, tax loss harvesting and gain minimization planning, charitable asset selection, facilitation of income tax payments and coordination with family’s tax advisor(s).
• Financial Planning – Includes planning related to cash flow analysis, capital sufficiency modeling, lifestyle goals, credit usage, major asset purchases or liquidations, and significant life events.
• Philanthropic Planning – Includes defining philanthropic goals, education on philanthropic vehicles and strategies for maximizing the benefits of philanthropy across the family and the organizations they choose to benefit.
• Education – Includes both individual and group-based learning sessions around various planning, tax, investment and other topics with an intention of growing not only the family’s financial capital, but non- financial capital as well. These topics while commonly focused on younger generations are generally available across all generations.
• Family Meetings – Includes facilitation of family meetings often across multiple generations around shared ownership, philanthropy, decision making or shared goals and objectives.
• Assistance with Trust Administration – Includes advice around trustee selection and ongoing guidance, general understanding of trust purposes and provisions. Often, this involves education for grantors, trustees, and beneficiaries on their respective roles and responsibilities.
• Consolidated Reporting Services – Allows the family to customize how their assets are reported by offering a view across multiple accounts or entities in a single statement and/or to segregate assets within accounts. This service may include assets not generally managed by OneWelth such as closely- held private family assets. This enables the family and their advisors to understand and monitor the total family balance sheet and provide comprehensive and integrated advice from a vantage point inclusive of the family’s entire wealth landscape. This may require an additional fee depending on the nature and complexity of the non-managed assets being reported on. Any additional fees will be mutually agreed to in advance.
• Asset Protection Planning and Review – Includes review and discussion of strategies that may avoid or minimize a portion of a family’s balance sheet at risk. These strategies will be evaluated on the benefits they may provide against the degree and likelihood of loss and the complexity and administration they may require to achieve such protections.
• Risk management – OneWelth can help families manage various types of risks, including investment risk, market risk, and operational risk. They can also help families manage the risks associated with complex financial structures, such as family partnerships and trusts.
• Liability Risk Management Planning and Review – Includes advice on a combination of mitigation strategies including the use of special purpose entities, trusts and/or various insurance tools. We will review the family’s assets and liabilities to determine: location, titling and ownership structure. We will review existing or proposed policies and, after receiving your permission, we may facilitate reviews with unaffiliated third-party professionals.
• Estate Tax Liquidity Planning and Review – Includes determination of estate tax liquidity needs and determination of potential liquidity sources including asset liquidations and life insurance. We will review existing or proposed policies and, after receiving your permission, we may facilitate reviews with unaffiliated third-party professionals.
• Bill Payment Services – This service includes reconciliation of statements, invoices, and receipts, communications with accountants, and coordination with third parties to facilitate the payment of bills.
• SPV Consulting – Assist reporting and compliance services, including preparing financial statements and tax returns, and assistance in efforts to ensure that the SPV is in compliance with all applicable laws and regulations. OneWelth does not provide legal services. o Assistance with structuring the SPV: OneWelth can help clients determine the appropriate structure for the SPV, taking into account factors such as tax implications, regulatory requirements, and investment objectives. OneWelth does not provide legal services. o Fund selection: OneWelth can help clients identify and evaluate potential PE funds and other investment opportunities that may be suitable for the SPV. o Due diligence: OneWelth can help clients conduct due diligence on potential PE funds and other investment opportunities, including reviewing investment documents and assessing the investment strategy and track record of the fund manager. o Investment management: OneWelth can manage the investment of the SPV's assets, including monitoring performance, rebalancing the portfolio, and making adjustments as needed. The advice we propose is designed to achieve the client’s desired goals which may require revision to meet changing circumstances. Our recommendations are based on your situation from the information provided to the firm. Families may choose to accept or reject our recommendations. We should be notified promptly of any change to your situation, goals, objectives, or needs. SPV (Special Purpose Vehicle) Consulting Services Our firm offers SPV Consulting Services where we provide various services, including, but not limited to:
• Assistance with structuring the SPV taking into account factors such as tax implications, regulatory requirements, and investment objectives.
• Assistance in preparing financial statements and tax returns.
• Assistance with quarterly reporting.
• Coordination with Auditors for the reoccurring Annual audit associated with SPVs.
• Coordination with CPA for tax returns
• Maintaining Cap Tables and waterfall computations.
• Assist the SPV in efforts to achieve and maintain compliance with all applicable laws and regulations.
• Identify and evaluate potential Private Equity (“PE”) funds and other investment opportunities that may be suitable for the SPV.
• Managing subscriptions documents of Limited Partnerships. Due diligence: OneWelth can help clients conduct due diligence on potential PE funds and other investment opportunities, including reviewing investment documents and assessing the investment strategy and track record of the fund manager. Investment management: OneWelth can manage the investment of the SPV's assets, including monitoring performance, rebalancing the portfolio, and making adjustments as needed. OneWelth does not provide legal services however, will coordinate with Legal firms for the deliverables. Wrap Fee Programs We do not sponsor, manage, or participate in any wrap fee programs. Assets Under Management As of December 31, 2023, we manage approximately $47,270,237 in client assets on a discretionary basis.