Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$125,000,000
Total clients
380
15% high-net worth
Total advisors
5
of 7 employees
Firm size
Team
4-10 advisors or $500M+ in AUM
Average clients per advisor
76
Average account size
$328,947
StrongTower Wealth Management serves individual and high-net-worth clients with discretionary portfolio management and financial planning services. The firm delivers discretionary management through a wrap-fee program and also offers access to private and alternative investments for certain qualified clients.
Advisors at StrongTower operate under granted discretionary authority for managed accounts, monitor client accounts on an ongoing basis, and conduct at least annual reviews; planning engagements range from broad-based to single-subject work. The brochure discloses that some financial professionals are licensed insurance agents who may receive separate commissions, a potential conflict of interest clients should consider.
Distinctive aspects of the firm include an affiliation with an accounting firm and its role as a sponsor of a wrap-fee program, both of which are less common among peer team firms. StrongTower is organized as a five-advisor team managing roughly $125 million in client assets and notes that advisors may make exceptions to account policies and offer alternative investment opportunities to qualified investors.
Fixed fees for financial planning services generally ranging between $125 and $2,500
Insurance commissions earned by some advisors who are licensed as independent insurance agents, separate from advisory fees
Account minimum: $200,000 Minimum fee: $200.00 monthly minimum fee (can be waived or decreased at advisor's discretion)
Strongtower Wealth Management, Plc
450 W. Grand Ave
Hot Springs AR 71901, United States
Number of offices
1
Arkansas · Florida · Louisiana · Michigan · Mississippi · Nebraska · Oklahoma · Texas
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Series 65
Hot Springs, AR
Strongtower Wealth Management, Plc
Series 66
Hot Springs, AR
Strongtower Wealth Management, Plc
Series 66
Hot Springs, AR
Strongtower Wealth Management, Plc
Series 65
Hot Springs, AR
Strongtower Wealth Management, Plc
Series 66
Hot Springs, AR
Strongtower Wealth Management, Plc
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