Wela Financial Advisory

Wela Financial Advisory, operated by Brent Forrest & Associates, LLC, specializes in proactive investment advisory and financial planning services for investors. Established in 1995, the firm is located in San Antonio, Texas. The owners are Priscilla A. McKinley, Esmond M. Pabilona, and Anders O. Storvik. Wela acts as a fiduciary when providing investment advice, ensuring clients' best interests are prioritized. The firm offers discretionary investment management services based on a percentage of assets under management, including investment analysis, asset allocation, and ongoing portfolio monitoring. Clients must have a minimum of $300,000 to open and maintain individual accounts. Wela charges an annual fee for portfolio management services, not exceeding 0.9% annually, billed monthly based on asset values. Financial planning services are available for a one-time fee based on hourly rates. The firm does not participate in performance-based fees or wrap fee programs. Wela does not have custody of client funds and does not accept voting authority for client securities. The firm has no disciplinary history and maintains a Code of Ethics to manage potential conflicts of interest. Clients receive regular account statements and have the option to terminate agreements with proper notice. Wela does not receive compensation for client referrals and does not have financial commitments that could impact client obligations.