Passport Wealth Management

Passport Wealth Management LLC is an SEC‑registered adviser that serves individuals (including high‑net‑worth clients), charitable organizations, and businesses; the firm reports about $115 million in assets under management across roughly 77 client relationships and two advisors. Its service offering includes combined comprehensive financial planning and investment management, personal tax return preparation (using a third‑party tax provider), and retirement plan consulting for plan sponsors and trustees.

PWM’s investment philosophy is grounded in Modern Portfolio Theory and it primarily employs passive investment management, constructing portfolios from index mutual funds and ETFs and implementing client‑specific investment policy statements. The firm provides ongoing, integrated planning alongside portfolio oversight, offering discretionary account management and non‑discretionary advice for employer‑sponsored defined contribution plan assets, with custody and execution services accessed through the Charles Schwab institutional platform.

What is noteworthy relative to peers is that PWM’s marketing reportedly incorporates client endorsements, testimonials, and third‑party ratings—practices that are uncommon among similar supported firms. Operationally, the brochure also highlights features less often emphasized by peers, such as providing tax return preparation via an external accounting firm, offering retirement plan consulting in addition to individual advisory services, and documenting the use of standing letters of authorization for third‑party transfers while participating in Schwab’s institutional support program.