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Proficient Wealth Counselors, LLC

Updated today

Total assets under management

$146,889,279

Total clients

182

32% high-net worth

Total advisors

1

of 1 employees

Firm size

Independent

1 advisor

Average clients per advisor

182

Average account size

$807,084

About

The firm provides asset management, written financial planning, and retirement plan consulting to individuals, high-net-worth clients, and employer-sponsored pension or profit-sharing plans, managing roughly $147 million across its client base. It typically delivers discretionary portfolio management alongside one-off or ongoing consulting engagements, with planning offered on an hourly or flat-fee basis.

Investment advice is grounded in fundamental analysis and delivered through proprietary model portfolios largely composed of exchange-traded funds; accounts are reviewed at least quarterly and rebalanced as needed, and the firm states it generally pursues long-term purchase strategies while holding client cash in conservative instruments. The brochure describes individualized portfolio construction, an emphasis on ongoing supervision, and that clients typically authorize fee deduction from custodial accounts.

Noteworthy distinctions include an affiliated insurance activity: the firm’s principal is a licensed insurance agent who may offer commissionable insurance products (a conflict the firm discloses and says it manages), and the firm explicitly provides retirement plan consulting services to plan sponsors—assisting with investment policy statements, investment option review, asset allocation models, participant education, and acknowledging ERISA fiduciary responsibilities. The firm also documents its use of an institutional custodian and related third-party tools and support services to execute and administer client accounts.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Charitable giving & philanthropy

Fee options

Fixed

$2,500 to $3,500

Percentage

$0 - $249,999: 1.25% $250,000 - $499,999: 1.10% $500,000 - $999,999: 0.95% $1,000,000 - $2,499,999: 0.80% $2,500,000 - $4,999,999: 0.65% $5,000,000 - $9,999,999: 0.50% $10,000,000+: 0.35%

Project-based

$200 to $250 per hour

Other

Account minimum: $250,000 Fee-only: Hourly fees range from $200 to $250; Flat fees generally range from $2,500 to $3,500

Main office location

Proficient Wealth Counselors, LLC

77 Access Road, Suite 6

Norwood MA 02062, United States

Number of offices

1

Most active in

Florida · Louisiana · Maryland · Massachusetts · New Hampshire · New York · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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