Bernhardt Wealth Management, Inc.

Bernhardt Wealth Management (BWM) is a financial advisory firm based in McLean, VA, established in 1994 by Gordon Bernhardt, a financial services industry veteran since 1989. BWM specializes in strategic investment management, offering both discretionary and non-discretionary asset management services. The firm conducts initial interviews to understand clients' needs, goals, and risk tolerance, allowing clients to set reasonable restrictions on account management. Clients have the option to provide standing instructions and can impose restrictions on investments. BWM follows an asset allocation strategy based on the Investment Policy Statement, utilizing various investment vehicles such as mutual funds, index funds, ETFs, bonds, and variable annuities. For Strategic Investment Management, BWM charges a sliding scale fee based on assets under management, ranging from 1.00% to 0.10%. Financial Planning services are offered at flat fees based on complexity, starting from $1,500. BWM may conduct seminars on investment and financial planning strategies, with fees up to $200 per attendee. The firm acts as a fiduciary when making rollover recommendations, ensuring clients' best interests are prioritized. Clients generally have $1 million or more in financial assets, with a minimum quarterly fee of $2,500. BWM does not charge performance-based fees and provides services to individuals, trusts, estates, and business entities. Clients receive regular account statements and performance reports, and the firm does not vote proxies on behalf of clients. BWM maintains a limited power of attorney for discretionary authority, with clients approving asset allocation models and trading decisions. The firm does not have any disciplinary information or financial disclosures.