One Charles Private Wealth

One Charles Private Wealth Services, LLC, established in 2015 and registered as an investment adviser since 2017, offers wealth management and discretionary investment management services. Managed by Paul A. Squarcia and Erik R. Wallin, the firm is part of the Focus Financial Partners, LLC partnership. Clients typically need a minimum of $400,000 to establish an advisory relationship, which can be waived based on certain criteria. Investment strategies include allocating assets among various managers, mutual funds, ETFs, bonds, and alternative investments. The firm's Circle of Care approach focuses on wealth preservation and protection. Fees for discretionary management services can be up to 1.4% annually, deducted quarterly. One Charles does not charge performance-based fees and does not vote proxies or participate in legal proceedings for client investments. The firm does not conduct an annual surprise CPA examination for custody due to third-party standing instructions. Clients receive account statements directly from the custodian and are encouraged to review them for accuracy. One Charles does not vote proxies or participate in legal proceedings for client investments. The firm does not foresee any financial conditions impairing its ability to meet contractual commitments.