AVA Wealth Management is a registered investment advisor founded in 2010 and led by founder Steven W. McGinty, Chartered Financial Analyst. The firm focuses on managing investment portfolios for individuals, high net worth individuals, trusts, estates, and small businesses. AVA Wealth Management generally follows a concentrated investment strategy, holding fewer securities to focus on its best investment ideas, which also introduces higher company-specific and industry-specific risks. The firm primarily invests client portfolios in publicly traded stocks, bonds, cash, exchange-traded funds, mutual funds, and limited partnerships. Client accounts are held at independent custodians, with Charles Schwab & Co. commonly recommended. AVA Wealth Management operates on a discretionary basis, meaning the firm makes trades on behalf of clients without needing prior approval for each individual transaction.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.80% |
The standard annual fee is generally 0.80% of assets under management, and fees may be negotiable in special cases.