Consonance Wealth Management

The firm provides discretionary investment management and separate financial consultation services to individuals, couples, families, high‑net‑worth clients, retirement accounts, trusts, estates, charitable organizations and small business entities. It offers portfolio construction, trade execution, monitoring and reporting, with integrated retirement and financial planning available at no additional fee and a typical minimum relationship threshold of $500,000.

The firm's investment approach emphasizes diversified, core‑index, low‑cost and tax‑aware portfolios built from individual equities, mutual funds, ETFs and fixed‑income securities, with tailored asset allocation, periodic rebalancing and quarterly reporting; it generally manages client accounts on a discretionary basis. While the advisor is compensated primarily via asset‑based fees (a common industry practice), the firm’s principal is also licensed to sell insurance products and may receive commissions or referral fees for insurance or annuity transactions and provides advice on employer equity and option holdings.

Compared with many independent, solo‑advisor peers, the firm manages a relatively modest $12.4 million in discretionary assets for a very small client roster (five clients), creating an unusually concentrated practice and higher average account size. The combination of a CFA‑designated principal, integrated planning at no extra cost, and the acceptance of insurance commissions and referral fees (a practice rare among independents) is a noteworthy operational feature that the firm discloses as a potential conflict of interest.