MVO Private Wealth is an independent registered investment advisor founded by David Sung, holding the Chartered Financial Analyst designation. The firm provides institutional-caliber discretionary portfolio management and comprehensive wealth advisory services to a select group of high-net-worth and ultra-high-net-worth individuals, families, trusts, and business owners. MVO Private Wealth builds customized portfolios using a disciplined approach that incorporates strategic asset allocation, Modern Portfolio Theory, fundamental analysis, and institutional-level options and derivatives expertise for hedging and income generation. Tax awareness is central to the firm's philosophy, including asset location, loss harvesting, and careful management of capital gains. Additionally, the firm manages held-away assets such as employer-sponsored retirement plans on a non-discretionary basis. Comprehensive financial planning is included at no extra cost for discretionary investment management clients, covering retirement income, estate planning, cash flow, tax structuring, and risk management. The firm maintains an intentionally limited client roster and requires a minimum portfolio value of $3,000,000 to establish a new advisory relationship.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
The annual fee is negotiable. Sub-advisor fees, ranging from 0.35% to 1.50% annually, may apply for specific portfolio allocations and are in addition to MVO Private Wealth's advisory fee.