Desmond Wealth Management, Inc.

Desmond Wealth Management serves individual and high-net-worth clients with an integrated wealth management offering that includes discretionary investment management, comprehensive financial planning, and proactive tax planning. The firm generally works with clients at a relationship minimum of $2 million and manages accounts on a discretionary basis.

The firm’s investment approach is a strategic asset-allocation, equity core-and-satellite model that uses passively managed index funds and ETFs for the core and adds specialty satellite allocations where opportunities exist, including alternative exposures such as commodities, managed futures and digital currencies. Investment decisions draw on academic research and a mix of analytical methods (charting, fundamental, technical and cyclical analysis), and each client executes an Investment Policy Statement aligned with a buy-and-hold horizon of at least five years.

Compared with many peers, Desmond Wealth is affiliated with an accounting firm (Desmond Consulting Group) and its principals also provide tax and CPA services, making integrated tax planning and the option of engaging affiliated tax preparation part of the service offering under separate engagements. The firm maintains a small client roster (58 clients supported by two advisors), allocates meaningful advisor time to accounting/tax work, and structures an intensive initial planning process (frequent topic-centered meetings) that often involves acting as a de facto personal CFO for clients.