W.M. Baker Investments LLC

W.M. Baker Investments, LLC provides ongoing portfolio management and financial planning primarily for individual and high‑net‑worth clients and, unusually for a firm of this size, also accepts corporate/business and institutional client accounts. The brochure reports approximately $5 million in discretionary assets under management across about 41 client relationships as of December 2023.

The firm documents client objectives and constraints in an Investment Policy Statement and generally operates with written discretionary authority to implement and monitor portfolios on at least a quarterly basis. Its stated methods include fundamental, technical, and cyclical analysis, and it uses a range of strategies from long‑term holdings to short‑term trading, margin transactions, and options writing (including covered calls) tailored to client risk profiles.

Noteworthy aspects compared with peers include the firm’s explicit willingness to manage institutional and corporate accounts while managing all assets in‑house rather than selecting third‑party managers, and its use of Pershing Advisor Solutions and Shareholders Services Group as custodians. The brochure also discloses that the firm may receive research/soft‑dollar benefits, allows client‑directed brokerage and block trading, may accept proxy‑voting authority in certain cases, and does not accept performance‑based fees.