Prism Wealth Management

Prism Wealth Management provides investment advisory services through separately managed accounts and related financial planning to individuals, retirement accounts, trusts, estates, charitable organizations, family foundations, corporations and other business entities. The firm also offers fiduciary 3(21) pension consulting to plan sponsors and works with profit-sharing and 401(k) plans in a non‑discretionary advisory role.

The firm manages client portfolios on a discretionary basis within its Prism Wealth Wrap Fee Program, a bundled management arrangement that covers portfolio management and ticket charges and uses third‑party billing integrated with custodial account data. Investment strategies may include individual securities, ETFs and mutual funds as well as options contracts, structured products and long/short or leveraged techniques that can involve derivatives and borrowing.

Noteworthy features include acting as the sponsor and sole portfolio manager for its own wrap fee program, providing ongoing services to institutional and retirement‑plan clients under ERISA 3(21) arrangements, and employing derivatives and options in separately managed accounts — capabilities that are less common among similarly structured independent advisers. The firm’s compliance procedures and regular written reporting (including quarterly performance reports and custodian statements) are emphasized as part of how it documents and monitors client accounts, and it sometimes provides pro bono financial planning for households in need prior to transitioning to a standard advisory relationship.