Glover Park Wealth Management, LLC

Glover Park Wealth Management provides discretionary investment management, financial planning, and retirement-plan advisory services to individuals (including high-net-worth clients), trusts, estates, corporations, retirement plans, and select charitable organizations. The firm manages roughly $120 million across its client base and also offers insurance products through its insurance activity, which may involve commission-based recommendations.

The firm’s investment approach is customized and generally long-term focused, building portfolios around ETFs and mutual funds while selectively using individual stocks, bonds, and derivatives such as options to implement hedging or tactical positions; Glover Park employs both fundamental and technical analysis and may trade more actively for rebalancing or cash needs. Client accounts are monitored on an ongoing basis with formal reviews at least annually, and the firm integrates financial planning and retirement-plan consulting into its advisory process when engaged.

Compared with many independent advisors, Glover Park is notable for using derivatives in separately managed accounts and for providing pension consulting and ERISA fiduciary services (including investment oversight and 3(21)/3(38) plan management) to plan sponsors. It also works with institutional and charitable clients and discloses that its insurance recommendations can generate commissions, a potential conflict addressed in its policies.