Advance Wealth Management Service, LLC

Advance Wealth Management Service, LLC, established in Grand Rapids, Michigan, offers a wrap fee program where clients pay a single fee for investment advisory services and custodial transaction costs. The firm acts as a fiduciary, always prioritizing clients' best interests. Clients can invest in individual stocks, bonds, ETFs, options, mutual funds, and other securities tailored to their needs. Fees are based on assets under management, ranging from 0.80% for over $3 million to 1.55% for $150,000 to $499,999.99. Clients with $500,000 or more can receive ongoing financial planning services at no extra charge. The firm's investment strategies include asset allocation, fixed income, long-term and short-term purchases, and options. Investment analysis methods include charting, fundamental analysis, and sector analysis. The firm's Chief Compliance Officer oversees portfolio managers, who are in-house licensed representatives. Clients have the freedom to contact their portfolio managers directly. The firm does not recommend other wrap fee programs and discloses potential conflicts of interest, such as retirement rollover incentives. There are no material disciplinary events, and the firm's Code of Ethics ensures fair and ethical practices, including personal securities transactions oversight. The firm reviews accounts annually and receives benefits from custodian Schwab. Client referrals are not compensated, and the firm does not have financial conditions impairing obligations to clients.