Portfolio Wealth Advisors

Portfolio Wealth Advisors, also known as Portfolio, LLC (PLLC), was founded in January 2008 by Lee E. Munson, CFA, CFP®. The firm specializes in providing investment advisory services to clients, managing $373,189,200 in client assets as of November 25, 2024, on a fully discretionary basis through wrap-fee programs. PLLC charges a single annualized fee based on a percentage of the market value of all program assets, with a fee schedule ranging from 0.85% to 1.5% based on asset tiers. The firm has a $1,500,000 asset minimum and does not charge performance-based fees. PLLC uses fundamental and technical methods for investment analysis and offers services to various clients, including individuals, high net-worth individuals, family offices, and more. The firm emphasizes ethical standards, acting as a fiduciary and maintaining a Code of Ethics to ensure full disclosure and act in the best interests of clients. PLLC requires the use of Schwab for custody and brokerage services, participating in the Institutional advisor program offered by Schwab. Clients grant PLLC full investment discretion over their accounts, with the firm having the authority to make all trading decisions without consulting clients. Clients are responsible for voting proxies for securities in their portfolios, and PLLC does not provide proxy-voting services. The firm has no custody of client assets and maintains financial stability to meet contractual commitments.