Managed Asset Wealth Management LLC

Managed Asset Wealth Management LLC provides individualized financial planning and acts primarily as a solicitor and monitor of third‑party investment advisers for individual and high‑net‑worth clients. The firm does not directly manage client assets; advisory relationships begin after a written agreement and, when appropriate, the firm recommends outside managers and maintains ongoing oversight of those relationships.

The firm’s investment approach is built around asset allocation, use of third‑party managers to implement portfolios, and periodic reviews using research and performance models; portfolio construction and trading are carried out by the recommended advisers. Instead of charging a standalone percentage‑of‑assets fee, the firm shares in a portion of the management fees charged by the third‑party advisers it recommends, and clients receive reporting from the custodians and managers.

Notable distinctions include the owner’s simultaneous activity as a licensed life and health insurance agent — the brochure discloses he may recommend and sell insurance products and spends substantial time on that activity, creating a disclosed conflict of interest that the firm says it seeks to mitigate. The firm also does not sponsor wrap programs, does not take custody or execute trades itself, and does not vote client proxies, making its role more focused on selection and monitoring of external managers than on in‑house portfolio management.