Proactive Wealth Management (PWM) provides general investment advice for retirement, educational, and standard brokerage accounts. PWM doesn't specialize in any specific advisory services or investments. PWM helps clients select third-party money managers (TPMMs) to handle the day-to-day investment management, monitors the TPMM's activities, and acts as a liaison between the client and the TPMM. Advisory services are tailored to individual needs, considering factors like risk tolerance and investment goals.
Fee Structure
Proactive Wealth Management (PWM) acts as a solicitor for third-party money managers (TPMMs). The total fee you'll pay, including PWM's fee and the TPMM's fee, is approximately 1% to 2% of your investments. You'll receive a separate disclosure statement detailing the fees paid to both PWM and the TPMM. These fees are deducted directly from your account either monthly or quarterly.