Watts Gwilliam & Company, LLC

Watts Gwilliam & Company LLC, established in May 2004, manages approximately $820 million in assets on a discretionary basis as of March 2023. The firm primarily offers investment supervisory services, including ongoing portfolio management and oversight tailored to individual client needs, goals, and risk appetite. They utilize strategic asset allocation and a variety of securities, including Equities, ETFs, Mutual Funds, Bonds, and more. The firm's Optic Asset Management division focuses on professionally managed option strategies. Fees are based on a percentage of assets under management, with a maximum fee of 1.25% per year. The minimum annual household fee is $2,500, and fees are typically billed quarterly based on the market value of investments held in the account. The firm does not charge performance-based fees but may be involved in private placement investments with performance-based fees. Clients include individuals, trusts, charitable organizations, and corporate entities. Investment strategies emphasize long-term horizons and diversification. The firm also offers financial planning services and technology-based wealth management through the PATH program. Watts Gwilliam & Co. does not have any disciplinary events and does not complete proxy voting for clients. The firm's custody practices involve using custodians for client accounts, with occasional custody for private investments. Watts Gwilliam & Co. generally manages assets on a fully discretionary basis, with the ability to direct transactions without client approval within agreed-upon parameters.