Investable Wealth LLC provides concierge service to a select group of clients. We don’t try to be everything to everyone.
The firm sells NO financial products- no insurance, no annuities, no loaded funds. Compensation is strictly fee-only.
The general investment philosophy is active trading- not “Buy & Hold”. The goal is growth with avoidance of a catastrophic loss. We consider CASH an asset class.
The firm acts as the client’s fiduciary portfolio manager- meaning the firm has discretionary trading authority to buy and sell equities…acting in the client’s best interests.
Tactical trading positions are generally taken over a period of weeks or months. The objective is to invest in quality stocks and liquid ETFs that are:
1) fundamentally sound
2) exhibit positive technical indicators
3) appear to be favored by short term trends
The firm makes no claims of past, present or future returns. Past performance is not indicative of future results.
The portfolio management fee is 1% per annum of assets under management. Charges are always in arrears, so the client pays nothing up front and can cancel at any time. Fees are billed monthly and deducted directly from the portfolio. As an example, the monthly fee calculates to approximately 82 cents per $1,000 of assets managed…a $100k portfolio would be charged approximately $82/month.
In addition to the management fee, there are transaction fees charged by a broker/custodian. The firm uses a discount broker where transaction fees are generally $12.95 per trade. The firm does not receive a commission or a percentage of this fee, it is strictly a transaction fee charged by the broker (similar to that charged by an equivalent discount broker). A firm brochure that discloses sources of compensation and items such as soft dollar benefits is available upon request and will be provided to all prospective clients prior to entering into an advisory agreement.
Account minimums are not required; however, the techniques employed work best with portfolios in excess of $250,000. Those with less than $250,000 of investment assets are evaluated on a case-by-case basis.
Information about Investable Wealth LLC can be found at the SEC’s website: https://adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=166721
Investable Wealth LLC is operated solely by John Pugliano. Information about him can be found at the SEC’s website: http://www.adviserinfo.sec.gov/IAPD/IAPDIndvlSummary.aspx?INDVL_PK=6158647
If you would like to speak with John, please click: Contact Us