Xcel Wealth Management, LLC

Xcel Wealth Management, LLC is a registered investment advisor established in August 2011, based in Holly Hill, Florida. The firm's mission is to assist clients in achieving superior investment returns and making informed decisions for long-term growth. Xcel manages both discretionary and non-discretionary accounts, with total assets under management of $446,235,680 and $11,352,086, respectively, as of December 31, 2024. The firm offers portfolio management services with a focus on risk assessment, investment composition, and tax management. They tailor investment strategies to individual financial expectations and risk tolerance, utilizing various asset classes and investment vehicles. Xcel emphasizes asset allocation as the foundation of their investment approach, incorporating value investing, bond investing, and option trading strategies. Xcel charges asset-based management fees, with rates not to exceed 1.50% for the first $2,000,000 and 0.75% for amounts over $2,000,000. There is no minimum initial investment required, and the firm has discretion over client accounts for trading purposes. Xcel is a fiduciary and has a Code of Ethics in place to ensure ethical conduct and client-focused service. The firm does not charge performance-based fees, has no minimum account size requirements, and does not engage in class action lawsuits on behalf of clients. Xcel does not vote client proxies and does not have any disciplinary events to report. They have custodial arrangements with Charles Schwab & Company, Inc., and do not take physical custody of client funds. Xcel may compensate persons for client referrals and receives indirect benefits from Schwab. The firm does not vote client proxies and does not have any disciplinary events to report.