Spinosa Wealth Management Group

Spinosa Wealth Management Group provides investment advisory services to individuals (including high-net-worth clients), trusts, retirement plans, and business entities. The firm offers wrap portfolio management as its primary managed-investment service, and also provides standalone financial planning and pension consulting, managing roughly $191 million in discretionary assets and generally requiring $500,000 to open a wrap account (subject to waiver).

The firm manages wrapped accounts on an individualized, discretionary basis and applies a mix of analytical approaches — including fundamental, technical, quantitative methods, cyclical analysis, and modern portfolio theory — to construct and monitor portfolios. Its investment program can include more complex techniques, such as margin/borrowing in separately managed accounts, use of derivatives and options (including covered calls), and exposure to structured products and MLPs, all of which carry additional risks.

Notable distinctions relative to many peers include that the firm sponsors a wrap-fee program and discloses the uncommon practice of using borrowing and derivatives within separately managed accounts. The firm also has atypical affiliations: its managing member is a Certified Public Accountant and its representatives act as licensed insurance agents/brokers, relationships the brochure acknowledges can create conflicts of interest that are disclosed and managed; the firm also operates with dually registered personnel and recommends custody through LPL Financial.