Comprehensive Wealth Management

Comprehensive Wealth Management provides discretionary investment management, financial planning, and consulting to individuals, trusts, and individual pension accounts, generally serving households that meet its account minimums. The firm manages client assets on a discretionary basis and also offers consulting services to brokerage customers that have entered into separate advisory agreements.

Investment management is organized around a proprietary Performance Targeting System® and a set of model families (including diversified, tactical, and risk-adjusted approaches) that blend passive and active elements with an emphasis on downside protection and target returns. The firm also offers Direct Indexing options, an Extended Savings program held at its recommended custodian, and uses ETFs and mutual funds (including non-transaction-fee funds) within client portfolios.

Compared with many peers, CWM discloses several less-common practices: its investment advisor representatives are also licensed insurance agents who may receive commissions for insurance sales, the brochure describes the firm’s use of leverage and borrowing-related strategies and the risks those create, and it notes reliance on proprietary model targets that can entail hypothetical or model-based performance information. The firm also describes relationships with its custodian that include access to institutional support and educational events, and it accepts consulting arrangements with broker-dealers that create separate compensation streams and related conflicts disclosed in the brochure.