Kennedy Wealth & Tax Management, LLC

The firm advises individuals—including high-net-worth clients—trusts, estates, charitable organizations, and employer-sponsored retirement plans, offering asset management, comprehensive portfolio management, financial planning, pension consulting, and trustee support services. It manages roughly $215 million in client assets and constructs portfolios using ETFs, mutual funds, individual stocks and bonds with ongoing account supervision.

The firm’s investment philosophy is grounded in a belief that markets are generally efficient and emphasizes broad diversification and long-term holdings, while also employing tools such as options and margin where appropriate and occasionally maintaining elevated cash positions for defensive purposes. Reviews of managed accounts occur at least twice a year, the firm may engage third‑party money managers with due diligence oversight, and it provides periodic rebalancing and client communications tied to life events or market conditions.

A distinctive feature is the firm’s affiliation with an accounting/CPA practice owned by the same principal, and many advisory clients also engage that CPA firm for tax and accounting services; the brochure discloses this conflict and describes steps taken to mitigate it. The trustee support offering is notable for including drafting an Investment Policy Statement, fiduciary accounting, and preparation of a trust’s Form 1041 tax return—services that go beyond standard investment-only advisory relationships.