Highland Private Wealth Management

Highland Private Wealth Management, established in May 1999, specializes in providing financial life management services to high net worth individuals and families primarily on the West Coast. The firm offers two main categories of services: Investment Management and Wealth Advisory & Coaching. Investment Management services include goal-based portfolio management using Smart IndexingTM, diversification of assets, and customized reporting. Wealth Advisory & Coaching services focus on understanding clients' financial situations and goals, offering comprehensive financial planning, and collaborating with other professional advisers. The firm acts as a fiduciary under ERISA and the Internal Revenue Code, ensuring recommendations are in clients' best interests. Highland has approximately $1.31 billion in discretionary assets under management as of December 31, 2021, with a minimum annual fee of $40,000. The firm charges custom advisory fees based on wealth advisory and investment management services, with a minimum annual fee of $4,000 for some clients. Highland recommends Charles Schwab & Co., Inc. as the qualified custodian for client assets and executes most trades through Schwab to achieve best execution. The firm does not charge performance-based fees and does not vote proxies on behalf of clients. Clients receive account statements directly from the custodian and have access to written investment summary reports. Highland does not pay for client referrals and does not have any financial commitments that could impact client services.