Truwealth Advisors, LLC

TruWealth Advisors, LLC is a registered investment adviser based in Metairie, LA, offering financial planning, consulting, and investment management services. Established in June 2020, the firm is owned by Charles Simmons and Christy Lynn Neal Simmons. TruWealth manages over $1.6 billion in assets on a discretionary basis. The firm provides a range of financial planning services, including retirement, estate, and investment planning. Clients can engage the firm for standalone services or comprehensive wealth management. TruWealth selects Independent Managers to manage client assets, evaluating their strategies and performance. The firm charges fees based on assets under management, with rates ranging from 0.60% to 1.50%. Additional fees apply for assets held with outside custodians and for advice on variable annuities and self-directed brokerage accounts. TruWealth exercises investment discretion, making decisions on securities transactions without client consent. The firm does not vote client securities and does not have custody of client funds. TruWealth has not been involved in any material legal or disciplinary events. Clients receive regular account reviews and statements from custodians. The firm has a code of ethics and discloses its brokerage practices and potential conflicts of interest.