Strategic Wealth Investment Group is a financial advisory firm that is based in Louisville, Kentucky and provides financial planning and portfolio management services to a diverse group of clients. Its team of financial advisors and retirement planners work out of offices in Kentucky, Ohio, Indiana, North Carolina, Texas, Colorado, Georgia, Arizona, Florida and Washington.
This fee-based firm, also known as Strategic Wealth Designers, appears on SmartAsset's lists of the top 10 financial advisors in Louisville and the state of Kentucky.
Strategic Wealth Investment Group Background
Though Matthew J. Dicken founded the firm in 2002, it didn’t become a registered investment advisor until 2012. He is the principal owner and serves as CEO, while executive vice presidents Dustin Stanley and Jordan Schwartz also own stakes in the business.
Strategic Wealth Investment Group Client Types and Minimum Account Sizes
Strategic Wealth Investment Group (SWIG) works with the following types of clients:
- Individuals
- High-net-worth individuals
- Corporations or other business entities
To open an account, clients will need to invest at least $25,000. However, the firm may waive this requirement at its discretion.
Services Offered by Strategic Wealth Investment Group
SWIG specializes in ongoing portfolio management services. It tailors its investment strategies to the goals, risk tolerance and time horizons of its clients. The firm will take discretionary authority of client accounts, which means clients authorize it to sell and buy investments in their portfolios when it deems appropriate.
In addition, the firm can create financial plans based on various topics including:
- Retirement planning
- Tax management
- Insurance policies
- College funding through vehicles like 529 plans
- Debt and credit management
Strategic Wealth Investment Group Investment Philosophy
SWIG generally provides advice and recommendations around the following types of securities:
- Mutual funds
- Exchange-traded funds (ETFs)
- Real estate investment trusts (REITs)
- Equities
- Fixed income investments
- Insurance products such as annuities
- Government securities
Fees Under Strategic Wealth Investment Group
Like most firms, SWIG charges investment advisory fees based on a percentage of your assets under management (AUM). That rate is based on the following current fee schedule:
| Total Assets Under Management | Annual Fee |
| First $500,000 | 1.75% |
| $500,001 – $999,999 | 1.50% |
| $1,000,000 - $2,499,999 | 1.00% |
| $2,500,000 - $4,999,999 | 0.75% |
| $5,000,000 and up | 0.50% |
These fees are paid monthly in arrears.
What to Watch Out For
All SWIG employees are licensed insurance agents who earn commissions, which can present a conflict of interest if they are also financial advisors recommending these products. However, as a registered investment advisor with the Securities and Exchange Commission (SEC), SWIG must uphold a fiduciary duty and always work in clients’ best interests.
As of the time of this writing, SWIG had no disciplinary or criminal matters in the past 10 years to report in its SEC filings. For the latest disclosures, you can find the firm’s Form ADV on the SEC’s Investment Adviser Public Disclosure website.
Opening an Account With Strategic Wealth Investment Group
You can schedule a visit with a SWIG representative at https://swdgroup.com/schedule-a-visit/. Alternatively, you can speak to an advisor by calling (877) 934-7687.
Tips for Finding the Right Financial Advisor
- Talk to at least three advisors before deciding on one. This should give you enough context to compare and contrast crucial points like services offered and fee structures. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- Ask advisors about their certifications. They’re not required, so people who have them have sought out extra training and likely hold themselves to higher standards. For example, the Certified Financial Planner (CFP) Board requires members to provide financial planning advice in the best interests of the client at all times.
All information was accurate as of the writing of this article.
