South Carolina Wealth Management Group, LLC logo

South Carolina Wealth Management Group, LLC

Updated today

Total assets under management

$2,151,467

Total clients

16

6% high-net worth

Total advisors

1

of 1 employees

Firm size

Independent

1 advisor

Average clients per advisor

16

Average account size

$134,467

About

South Carolina Wealth Management Group serves individual clients and offers financial planning, discretionary portfolio management, and project‑based consulting, including retirement account advice. The firm typically begins client relationships by collecting financial information and developing a personalized Financial Profile and Investment Plan to guide portfolio construction.

Portfolios are constructed mainly with individual stocks, mutual funds, ETFs and fixed‑income securities, and SCWMG implements Investment Plans on a discretionary basis when authorized. The brochure discloses that the firm may use margin (borrowing) and options strategies—such as covered calls, cash‑secured puts and protective puts—with options implemented only in accounts where clients enable options trading.

Compared with many small independent advisers, SCWMG’s use of borrowing and derivatives in managed accounts is relatively uncommon among peers. The firm is also led by a sole advisor who concurrently serves as a Senior Trader/Analyst for the South Carolina Treasurer’s Office, a role that brings experience trading large fixed‑income portfolios to the firm’s small client base.

Client services

Financial planning Portfolio management

Expertise

Options & derivatives strategies

Fee options

Fixed

Financial planning and consulting fees may be fixed fees, negotiated per engagement

Percentage

$0 - $100,000: 1.25% $100,001 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.85% $2,000,001 - $5,000,000: 0.65% $5,000,001 - $10,000,000: 0.50% $10,000,001+: 0.40%

Project-based

Financial planning and consulting fees may be hourly, negotiated per engagement

Other

Minimum fee: $200 minimum quarterly fee Fee-only: Financial planning and general consulting fees negotiated per engagement, typically hourly or fixed fee basis

Main office location

South Carolina Wealth Management Group, LLC

Columbia SC, United States

Number of offices

1

Most active in

South Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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