Crestmont Private Wealth LLC

Crestmont Private Wealth LLC is a fee-based investment advisor specializing in Financial Planning and Portfolio Management services. Established in 2019 and registered with the SEC, the firm is owned by Samuel McGee, who leads the Investment Committee. Clients typically start with a free initial consultation to discuss their financial goals and risk tolerance before signing a Financial Planning and Portfolio Management Agreement. The firm primarily manages client accounts on a discretionary basis, offering various model portfolios based on risk tolerance. Investment strategies include mutual funds, ETFs, stocks, and occasionally individual bonds or private placements. Crestmont Private Wealth provides ongoing monitoring and offers specialized portfolio strategies like CPW Focus and CPW Equity Income. For fees, Crestmont charges an annual percentage of assets under management, with rates ranging from 0.30% to 1.50% based on portfolio value. The firm uses Charles Schwab as the custodian and broker, with transaction fees varying based on the investment type. Crestmont receives support services and benefits from Schwab, creating a potential conflict of interest. Clients have the option to grant discretionary authority to Crestmont for trading and fee deductions. The firm does not engage in performance-based fees or side-by-side management. Crestmont does not have a history of legal or disciplinary actions and maintains a Code of Ethics to prioritize clients' interests. Clients receive regular account reviews and performance reports, with access to online portals for monitoring.