Sagevest Financial Advisors, LLC

Sagevest provides discretionary investment management and related wealth management services to individuals—with an emphasis on high-net-worth clients—and to corporate pension and profit-sharing plans. The firm’s services include asset allocation, selection and implementation of investments, ongoing monitoring, and periodic reporting using custodial statements and optional quarterly performance reports.

The firm follows a long-term investment philosophy that emphasizes diversification across asset classes, investment styles, market capitalizations, sectors, and regions, and typically implements portfolios with no-load mutual funds, index funds, and exchange-traded funds. Sagevest manages accounts on a discretionary basis, tailoring asset allocation to each client’s risk tolerance and circumstances and conducting at least annual reviews (more frequently as needed).

Noteworthy aspects include the firm’s small scale—roughly $61.5 million in discretionary assets under management and a limited client base—and that the firm’s principal is separately licensed to sell insurance and may receive commissions on insurance products, a potential conflict disclosed in the brochure despite the firm’s fee-only investment management business. The firm also notes occasional use of private and public REITs and private funds in client portfolios, and it does not accept proxy-voting authority, leaving voting decisions with clients.