Palmetto Wealth Management is a registered investment advisor based in New Albany, Ohio, offering continuous portfolio management and financial planning services to individuals, businesses, trusts, and estates. Palmetto Wealth Management builds custom investment portfolios primarily using mutual funds, individual stocks, bonds, and exchange-traded funds, tailored to each client's specific risk tolerance and goals. The firm offers both discretionary and non-discretionary management, meaning they can make trades on your behalf without prior approval if you grant them authority, or they can ask for your approval first. In addition to managing investments, Palmetto Wealth Management provides broad-based and modular financial planning services on an hourly basis. John Gustafson is the principal owner and managing member of the firm, which has been in business since 2009.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
Fees are negotiable based on individual client circumstances. Household accounts may be combined to reach lower fee tiers.