Proficient Wealth Counselors, LLC

Proficient Wealth Counselors, LLC is a registered investment adviser specializing in asset management, financial planning, and consulting services. Established in 2011 in Massachusetts, the firm is owned by Gerald Loftin, who serves as the Principal and Chief Compliance Officer. As a fiduciary, the firm is committed to acting in the best interests of clients. They offer tailored asset management services, creating portfolios with various securities based on individual needs. Financial planning services cover areas such as investment, retirement, estate, and tax planning. The firm charges asset management fees based on a percentage of assets under management, ranging from 0.35% to 1.25%. Financial planning fees are hourly or flat-based, ranging from $200 to $250 per hour or $2,500 to $3,500 flat fee. The minimum account balance for asset management is $250,000, and financial planning flat fees start at $2,500. The firm does not charge performance fees, and clients have discretion over their investments. Proficient Wealth Counselors, LLC does not offer wrap fee programs and manages $129,715,906 in regulatory assets under management as of December 31, 2024.