CWA Asset Management Group

CWA Asset Management Group provides discretionary and non‑discretionary portfolio management and financial planning primarily to individual and high‑net‑worth clients, as well as trusts, foundations, endowments, pension plans and other business entities. In addition to separately managed accounts and model portfolios (common services for multi‑team advisers), the firm offers family‑office services, retirement plan fiduciary services, donor‑advised fund management and facilitates client access to private pooled investment vehicles and insurance products.

The firm structures client relationships around written Investment Policy Statements and leverages an in‑house research team to maintain proprietary Models that combine fundamental active analysis with multi‑factor quantitative (MFSSM) rankings; CWA also maintains grandfathered strategies and runs a tax‑harvesting offering (CTAS) as part of its toolkit. CWA uses both internal portfolio management and third‑party sub‑advisers where appropriate, monitors accounts on an ongoing basis, and employs a mix of technological tools (including limited AI applications) to support research and planning.

Noteworthy differences from many peers include CWA’s role as sponsor and adviser to multiple private funds, including a recently launched Global New Leaders Fund, and the firm’s use of performance‑based incentive allocations for those funds, which introduces side‑by‑side management considerations. The firm also discloses several related‑party arrangements that may affect recommendations: a network of affiliated insurance broker entities that receive commissions on insurance sales, and legacy fee‑sharing and compensation ties connected to First Trust (the acquirer of the firm’s formerly affiliated sub‑adviser, Gyroscope); CWA also arranges trustee services (including use of an independent trustee, Magnolia Trust) and has staff who serve as trustees for certain client accounts.