Instrumental Wealth, LLC

Instrumental Wealth, LLC is a registered investment adviser based in Tampa, FL, established in September 2020 by David Silver. The firm offers financial planning, consulting, and investment management services. They manage client assets totaling $397,079,061 on a discretionary basis and $23,423,267 on a non-continuous basis as of February 28, 2025. Clients can engage in a range of financial planning services, including business planning, retirement planning, and tax planning. Investment portfolios are managed on a discretionary basis, primarily allocating assets among mutual funds, ETFs, and fee-based annuities. The firm may use sub-advisers to manage portions of client accounts. Fees are charged based on assets under management, with tiered fee schedules ranging from 0.50% to 1.50%. The firm discloses conflicts of interest related to insurance commissions and compensation from third-party insurance agencies. Clients have the option to direct brokerage transactions and may provide standing letters of authorization for fund disbursements. Instrumental Wealth exercises investment discretion and does not vote client securities. The firm conducts regular account reviews and provides clients with transaction confirmations and account statements. Clients are encouraged to review statements from both the firm and custodian. Instrumental Wealth has no financial information to disclose and does not participate in class action lawsuits on behalf of clients. The firm provides guidance on IRA rollovers and encourages clients to consider various options before making decisions.