Schooner Wealth Management

Schooner Wealth Management primarily serves individual and high‑net‑worth clients, offering discretionary and non‑discretionary portfolio management together with bundled financial planning and retirement income solutions. The firm’s services explicitly include retirement planning tasks—such as review of 401(k), IRA, and pension accounts—along with estate‑planning coordination, tax strategy input, and risk‑management recommendations integrated into its Advisory Agreement.

The firm’s investment process combines fundamental research, technical analysis, and quantitative modeling to establish strategic asset allocations with tactical tilts and periodic rebalancing, and it performs due diligence when selecting third‑party managers, mutual funds, or ETFs. Accounts are reviewed at least quarterly, may be managed on a discretionary or non‑discretionary basis, and the firm generally recommends Charles Schwab for custody and trade execution while using Schwab’s platform tools and reporting capabilities.

What distinguishes this firm from many peers is its explicit pension consulting and assistance with pension election choices—services provided by only a minority of independent advisers—despite operating as a solo adviser with a small client base and modest assets under management. The brochure also discloses that the firm’s principal maintains a separate full‑time engineering career unrelated to the advisory business, and that financial planning is offered only to clients who engage the firm under an AUM arrangement.