Prio Wealth Lp

Prio Wealth LP is a wealth management firm founded in 1988, specializing in providing investment management and financial planning advice to high-net-worth individuals, families, and non-profit institutions. The firm is a fee-only, independent registered investment adviser based in Boston, Massachusetts. Prio Wealth's investment strategy is tailored to each client's long-term objectives, utilizing both active and passive management strategies with a focus on cash, stocks, bonds, and ETFs. The firm exercises full discretion over most client accounts, except for a limited number where it serves as a financial consultant. Prio Wealth also offers trust services through its subsidiary, Seaward Fiduciary Services, LLC. Regarding fees, Prio Wealth's annual fee schedule is tiered based on assets under management, with a maximum fee of 1.00% on the first $5 million. The firm does not charge performance-based fees or engage in side-by-side management. Clients typically have a minimum account value requirement of $1 million, although exceptions may be made based on various factors. Prio Wealth emphasizes a client-centric approach, aiming to help clients achieve their financial goals with clarity, confidence, and control. The firm's investment philosophy includes a focus on well-established companies aligned with long-term trends and incorporates environmental, social, and governance factors into its investment process. Prio Wealth's financial planning services are tailored to individual client needs, utilizing third-party financial planning tools and technology platforms. Prio Wealth manages 1,765 discretionary accounts for 692 clients, with total assets under management of $3,737,800,709 as of December 31, 2023. The firm has no disciplinary events to report and maintains high ethical standards through its Code of Ethics. Clients have the option to retain proxy voting responsibility for their securities, and Prio Wealth provides assistance with class action claims processing. The firm does not collect fees more than 6 months in advance and has a stable financial condition with no history of bankruptcy.