Steelhead Wealth Management is an independent registered investment advisor established in 2025 and based in Glen Allen, Virginia, with an additional office in Florida. The firm offers personalized investment management services, building portfolios using stocks, bonds, exchange-traded funds, mutual funds, and other securities tailored to each client's goals and risk tolerance. Clients grant the firm authority to make trades on their behalf without prior approval. In addition to investment management, Steelhead Wealth Management provides stand-alone financial consulting covering balance sheet guidance, retirement planning, tax strategies, estate planning, cash flow management, and business consulting. The firm also offers retirement plan consulting services to employer-sponsored plans. Steelhead Wealth Management is owned by Mike Ellis and Coleman Pollard.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.45% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.80% |
| $5M+ | 0.65% |
Fees are charged quarterly in advance. Lower rates may be available for family members, friends, or grandfathered accounts.