Progeny Wealth Management LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$18,900,000
Clients
45
0% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
45
HighAverage account size
$420,000
About
Progeny Wealth Management provides portfolio management and financial planning primarily for individual clients, including high‑net‑worth individuals, and prepares an Investment Policy Statement for each client to document goals, risk tolerance, and time horizon. The firm advises across a broad universe of investment types — mutual funds, ETFs, fixed income, real estate funds, private placements, hedge funds, equities, and also engages in options, margin and short sales when appropriate.
The firm’s investment process draws on fundamental analysis and modern portfolio theory to build tailored allocations and it conducts at least quarterly account reviews and reporting to clients. PWML offers both discretionary and non‑discretionary management and explicitly documents the elevated risks associated with leveraged and derivative strategies it may use for suitable clients.
A noteworthy feature is the firm’s affiliation with attorneys: the principals maintain active legal practices and disclose that they may provide legal or insurance products outside the advisory business, a relationship the brochure says can create potential conflicts of interest and that is disclosed to clients. The brochure also discloses ownership of other non‑investment businesses, the capacity to sell commissionable insurance products, and a recommended custodial arrangement (Altruist), all of which shape its operational and conflict profile compared with many peers.
Client services
Financial planning
Portfolio management
Expertise
Options & derivatives strategies
Private / alternative investments
Concentrated stock management
Fee options
Financial planning fees fixed: $2,500 to $5,000 (negotiated fixed rate)
$0 - $500,000: 1.00% $500,001 - $1,000,000: 0.90% $1,000,001 - $2,000,000: 0.80% $2,000,001 - $5,000,000: 0.70% $5,000,001+: 0.50%
Main office location
Progeny Wealth Management LLC
4459 Bluebonnet Blvd, Building 1, Ste A
Baton Rouge LA 70809, United States
Number of offices
1
Most active in
Progeny Wealth Management LLC has reported serving >5 clients in these states in the last 12 months.
Louisiana · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Lawyer
They provide legal services, typically billed separately.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")