Quam Wealth Advisory Group LLC

Quam Wealth Advisory Group provides asset management and financial planning services to individuals, trusts, retirement plans, tax‑exempt organizations and other entities, and describes itself as a fee‑only adviser. In its ADV the firm reported approximately $6 million of assets under management held in non‑discretionary accounts and reported no discretionary AUM at the time of filing.

The firm employs a portfolio approach that uses mutual funds, ETFs and individual securities, prepares investment policy statements as appropriate, and monitors accounts with quarterly reporting and third‑party software and manager relationships when needed. It offers both asset‑based advisory services and standalone financial planning engagements that can be billed on an hourly or fixed‑fee basis, and may recommend outside managers for portions of client portfolios.

Distinctive aspects flagged in the brochure include the concentration of its reported AUM in non‑discretionary accounts, the fact that the firm (and certain personnel) are licensed insurance agents and may recommend insurance and variable products, and that it does not act as a private‑fund adviser. The brochure also discloses public regulatory items involving the firm’s principal (including customer complaints and a FINRA letter of caution), which prospective clients can review on public adviser databases.