Let us help you make the most informed decision by answering your questions.
Let us help you make the most informed decision by answering your questions.
Our business model is designed for people who are serious about making smart choices about their money. PR Wealth advisors have decades of experience working business’s and people in all stage life. Our typical client has investable assets over $500,000.
The original practice was formed in the 80’s and taken over by David Perry and Joshua Robinson in 2004. They then rebranded to PR Wealth Management Group in 2007 and then transitioned the firm in 2015 to Registered Investment Advisory firm.
We typically meet in-person 1 - 2 times annually with our clients or based upon each client's preference. For our clients who live out of state, we suggest regular updates via email, phone, web-conferencing and in-person meetings as appropriate.
Of course. To do otherwise would be both unprofessional and incongruent (in our opinion). Besides, we think we run some of the best diversified portfolios in the world. So, ethics aside, our enlightened self-interest leads us to invest our own money right alongside yours.
Think about it ... does it really make sense for a financial advisor to recommend one thing to you and then invest his/her own money in something different? When their clients prosper, the advisor prospers, and when their clients suffer, the advisor suffers. As it should be.
Although we consider rebalancing to be an essential part of professional asset management, most investors rarely rebalance their investments on their own, and many advisors merely rebalance annually or quarterly, without much regard to what's happening in realtime. We take a different approach. To be on the lookout for any opportunities, we monitor our model portfolios daily. We then rebalance your portfolio whenever we determine that the amount of cash in your account is too high or too low, or whenever any component of your portfolio has drifted too far from your target allocation. Because rebalancing incurs transaction costs and can generate taxable gains within taxable accounts, we monitor regularly for rebalancing opportunities, but we are judicious about acting only when we feel it will truly add value to your long-term investment experience.
We rebalance based on the unique investment objectives described in your Investment Policy Statement (IPS), so we also strongly encourage clients to let us know whenever their objectives change, in case we need to adjust their allocations, their IPS, and thus their rebalancing activities.
Portfolio Management Services
The annual fee for Portfolio Management Services will be charged as a percentage of assets under management, according to the following tiered fee schedule:
**$250,000 to $499,999 1.40%
$500,000 to $999,999 1.20%
$1,000,000 to $1,999,999 1.00%
$2,000,000 to $4,999,999 0.90%
$5,000,000 to $9,999,999 0.85%
$10,000,000 and Above Negotiated
PR Wealth Management is pleased to be among a select group of financial advisory firms with direct access to DFA funds. We often utilize DFA funds as components of our managed portfolios. We have no affiliation with DFA and we receive no commissions, kickbacks, or compensation from DFA. DFA is not our exclusive fund sponsor, and whenever we feel there is a better investment option for your particular needs, we use it.
As you may know, DFA seeks to protect the reliability of its funds, and to keep shareholder expenses low by requiring investors to access DFA funds via a select group of financial advisory firms. You can learn more about DFA by visiting www.dfaus.com.
Click here to see a PDF on the Value of Advice Asset Location.