Powell Wealth

Powell Wealth, formerly known as Powell Financial, Inc., was established on October 15, 2007, with David L. Powell as the principal owner. The firm offers various advisory services, including Investment Supervisory Services, Pension Consulting Services, Retirement Plan Rollover Recommendations, and Financial Planning. Clients have the option to impose restrictions on investments based on personal values or beliefs. The firm does not participate in wrap fee programs and has assets under management totaling $202,617,451 as of December 31, 2024. The fee structure includes annual fees of up to 1.25% for Investment Supervisory Services and fixed or hourly fees for Pension Consulting and Financial Planning services. Clients can terminate contracts with 30 days' notice and receive prorated refunds. Powell Wealth acts as a fiduciary for retirement accounts, ensuring recommendations are in the client's best interest. The firm utilizes fundamental and cyclical analysis in its investment strategies, with a focus on long-term trading. Clients include individuals, high-net-worth individuals, pension plans, trusts, estates, and corporations, with a minimum account size of $500,000. Powell Wealth exercises investment discretion for client accounts and does not accept performance-based fees. The firm has no disciplinary events, and client accounts are reviewed quarterly by David L. Powell. Powell Wealth does not accept economic benefits for advice rendered to clients and maintains custody of client funds and securities through a qualified custodian.