Collaborative Advice

Collaborative Advice LLC provides financial planning and discretionary investment management to individuals and high‑net‑worth clients, delivering both ongoing and project‑based planning engagements alongside portfolio construction and review. The firm operates as a fee‑only adviser and, according to its brochure, does not target mass‑market (non‑high‑net‑worth) retail households, instead working with a smaller, more concentrated client base.

The firm’s investment approach emphasizes asset allocation and Modern Portfolio Theory, favoring passive strategies (index mutual funds and ETFs) alongside fundamental analysis to inform security selection and portfolio tilts. When engaged for investment management it typically exercises limited discretionary authority, customizes allocations to clients’ risk tolerance, permits reasonable client‑imposed restrictions, and directs custody and trade execution through a specific custodial platform.

Distinctive features include reporting zero assets under management as of December 31, 2023 while continuing to offer fee‑based investment management and higher‑level financial planning, indicating a focus on planning and consultative work over large AUM relationships. The firm is a solo, recently registered advisory practice whose principal maintains outside business activities (including corporate finance and business consulting) and that discloses operational practices such as requiring a particular custodian, not aggregating block trades, and not voting client proxies.