Wassaw Sound Management, LLC

Wassaw Sound Management provides investment advisory services and financial planning consulting exclusively to high net worth individuals, delivering discretionary asset management through managed account programs that utilize third‑party model portfolios and an Envestnet overlay manager, with custody recommended at Fidelity. The firm typically uses a multi‑million dollar account minimum (commonly $5 million) but may accept smaller accounts at its discretion and offers fixed‑fee financial planning arrangements.

The firm’s investment approach is tailored to each client’s objectives, time horizon, and risk tolerance and employs methodologies such as strategic asset allocation, dollar‑cost averaging, technical analysis, and a mix of long‑ and short‑term purchases implemented primarily via model‑driven portfolios. Portfolio implementation is largely discretionary under the managed account programs, involves selection and oversight of third‑party strategists and managers, and the firm cautions clients about potential tax implications and recommends ongoing coordination with tax advisors.

Distinctive aspects include a concentrated client roster supporting over $120 million in discretionary assets, and a planning practice that can involve substantial fixed fees per project (reported in the tens of thousands of dollars). The firm discloses that its owner also holds roles in a separate family‑office business — a potential conflict it says is mitigated through fiduciary policies — and the firm does not charge performance‑based fees and generally does not vote client proxies.