Proper Money Management LLC

Proper Money Management LLC provides investment advisory and financial planning services to individuals (including high-net-worth clients) and businesses. Services described in the brochure include discretionary portfolio management, retirement-plan advisory (including 3(21)/3(38) support), comprehensive financial planning, and estate-document preparation delivered through a third‑party platform.

The firm generally constructs customized, long‑term portfolios using low‑cost, diversified mutual funds and ETFs, and may allocate portions of client assets to unaffiliated independent managers; it describes a process of ongoing personal client contact, continuous monitoring, and the use of both fundamental and technical analysis. PMM typically manages accounts on a discretionary basis, allows clients to impose reasonable investment restrictions, and may buy or sell positions for rebalancing, tax harvesting, or to meet client cash needs.

What is distinctive for this firm is its affiliation with an insurance business: several advisory personnel are licensed insurance agents operating an affiliated insurance entity and may receive commission‑based compensation for insurance sales, a practice the brochure discloses as a potential conflict of interest (this affiliation is uncommon among peers). The firm is also small in scale relative to many supported firms — managing roughly $1.72 million across two advisors and five clients while operating multiple offices — and it offers packaged estate‑document services via an external provider and maintains an institutional custodial relationship that provides economic benefits to the advisor.