AZM Financial

The firm is an independent, state-registered investment adviser that provides discretionary portfolio management and financial advice to individual and high-net-worth clients. It manages about $24.5 million across roughly two dozen client accounts and implements customized portfolios using exchange-traded funds, mutual funds and, at times, individual securities, with annual reporting to clients.

Investment decisions are guided by Modern Portfolio Theory alongside both fundamental and technical analysis, with recommended asset allocations set as a written investment policy and rebalanced within predetermined ranges. The firm typically seeks discretionary authority to trade, conducts periodic reviews triggered by material changes, and generally emphasizes diversified exposures including bonds, domestic and international equities, REITs and limited emerging market allocations.

A notable and uncommon aspect of the firm is its affiliation with a real estate/mortgage brokerage (Interbank Finance Mortgage Co.), through which the principal provides mortgage services and receives separate compensation; the brochure discloses this relationship and the potential for conflicts of interest and notes clients may use outside agents to avoid such conflicts. The firm also states it has no formal account minimum (though it may decline smaller portfolios) and invoices advisory fees quarterly in advance, with custodial billing and client statements provided for verification.