Wave Digital Assets offers investment advice on a discretionary basis to managed entities, pooled investment vehicles, and separately managed accounts. Wave focuses on venture capital and digital asset investments in the blockchain and cryptocurrency sectors. The firm's services include identifying investment opportunities, structuring investments, and monitoring performance. Wave does not offer financial planning, tax, or legal services.
Wave Digital Assets generally receives management fees ranging from 0.1% to 2.0% annually, based on the value of assets under management. Fees are paid monthly or quarterly. One client paid a 5.0% upfront management fee related to a long-term buy and hold strategy. Fees are negotiated and may vary depending on account size, management style, and investment restrictions.