Conviction Wealth Management LLC

Conviction Wealth Management LLC provides ongoing portfolio management and financial planning to individuals and high‑net‑worth individuals, preparing a written Investment Policy Statement for each client and offering services that include asset allocation, asset selection, and regular portfolio monitoring. The firm operates as a single‑advisor registered investment adviser and reports approximately $3.12 million in discretionary assets under management across eight clients, with an account minimum of $50,000.

The firm’s investment approach blends modern portfolio theory with charting, fundamental, quantitative, and technical analysis and generally pursues a long‑term trading strategy while primarily recommending ETFs (including funds in the precious metals sector). It also may use mutual funds, fixed income, real estate funds, annuities, and private placements where appropriate, manages many accounts on a discretionary basis, and documents client risk tolerance and objectives in its Investment Policy Statements with quarterly reporting via custodians.

Noteworthy aspects include its boutique scale and small client base, with an emphasis on serving higher‑net‑worth clients rather than mass‑market, non‑HNW individuals, and its operational practices such as not aggregating trades for multiple client accounts. The brochure also discloses use of Charles Schwab Advisor Services for custody and institutional resources, a formal proxy‑voting policy, and potential use of less liquid or less regulated investments (e.g., private placements and sector‑specific ETFs), which can present different liquidity and regulatory risks than more conventional ETF‑centric strategies.