Acute Wealth Advisors LLC is a wealth management firm headquartered in Mesa, Arizona. The registered investment advisor (RIA) firm doesn’t offer portfolio management services, but it specializes in financial planning, investing, retirement consulting and money manager referral services. Acute Wealth Advisors currently has a handful of advisors.
Acute Wealth Advisors Background
Acute Wealth Advisors was founded in 2001 by Damon Roberts. Matt Deaton serves as the firm’s partner. Roberts and Deaton also manage Acute Investment Advisory, LLC. Acute Wealth mainly offers wealth management, investmenting and insurance services.
While based in Mesa, Acute Wealth Advisors also has numerous other Arizona offices located in Peoria, Scottsdale, Phoenix, Oro Valley and Ahwatukee.
Acute Wealth Advisors Client Types and Minimum Account Sizes
The firm says it serves individuals, trusts, pension plans and retirement plan trustees. Acute Wealth Advisors doesn’t have an account minimum requirement.
Services Offered by Acute Wealth Advisors
Acute Wealth Advisors offers the following services:
- Portfolio management
- Selection of other advisors
Acute Wealth Advisors Investment Philosophy
Acute Wealth Advisors says on its website that it aims to help families protect, grow and reduce taxes on their wealth. The firm’s retirement consulting and insurance services utilize pension analysis, income planning and asset-based long-term care strategies.
When formulating and applying investment advice, advisors may use fundamental and/or technical analysis. Strategies include long- and short-term purchases, trading, short sales, margin transactions and covered options.
Fees Under Acute Wealth Advisors
The firm charges a portfolio management fee based on client assets under management. The current fee schedule is as follows:
|Assets Under Management||Advisory Fee|
The chart below shows estimated fees based on the above schedule:
|Estimated Investment Management Fees at Acute Wealth Advisors*|
|Your Assets||Acute Wealth Advisors Maximum Fee Amount|
|*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.|
Learn more about advisors' typical costs here.
What to Watch Out For
According to its latest Form ADV filed with the SEC, this firm doesn’t have any disclosures. Some members of the firm are also licensed insurance agents and earn commissions from related activities, which could pose a conflict of interest, despite's the firm's fiduciary duty to act in clients' best interests.
Opening an Account With Acute Wealth Management
The easiest way to contact the firm is to call (480) 620-6907 or visit its website contact page.
All information is accurate as of the writing of this article.
Tips for Budgeting
- Before you plan your budget, you’ll want to look at your fixed, variable and discretionary expenses. These affect how much you’re able to save on a daily, weekly, monthly or yearly basis. Fixed and variable expenses are more difficult to alter, but discretionary expenses are easier to change as they represent the “wants” and not the “needs.” Our budget calculator can help.
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