Palmetto Wealth Management, LLC

Palmetto Wealth Management, LLC is an independent registered investment adviser that provides discretionary portfolio management and modular financial planning to a small roster of clients, including individuals as well as businesses, trusts and estates. The firm manages roughly $32.4 million on a discretionary basis and generally requires a $250,000 account minimum, which it may waive in certain circumstances.

The firm constructs model portfolios customized to each client’s objectives and monitors and rebalances those portfolios on an ongoing basis, using mutual funds as a core allocation and supplementing with individual stocks, bonds and ETFs. Its investment toolkit combines fundamental and technical analysis and top-down global asset-class allocation and, when deemed suitable, employs more active strategies such as short-term trading, short sales and option writing.

Compared with many independent advisers that focus on smaller, non‑high‑net‑worth households, Palmetto serves a relatively small client base with higher average account sizes and explicitly manages only discretionary assets. The firm charges hourly fees for planning (with the possibility of reduced or waived fees when paired with portfolio management), deducts advisory fees directly from custodian accounts, and does not vote proxies on clients’ behalf.