Portfolio Wealth Advisors manages investment portfolios and provides ongoing investment advice for individuals, high net-worth individuals, family offices, trusts, estates, and corporations. The firm primarily constructs portfolios using exchange-traded funds and tailors investments to each client's specific goals, risk tolerance, and restrictions through an Investment Policy Statement. Portfolio Wealth Advisors operates on a fee-only basis with no commissions and maintains a legal obligation to act in clients' best interests. The firm requires all client accounts to be held at Charles Schwab and manages portfolios with full authority to make trades without prior consultation. Lee Munson founded the firm in 2008 and serves as the primary investment professional.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 1.10% |
| $5M+ | 0.85% |
Fees are negotiable based on total assets and overall complexity.