Position Wealth

Position Wealth LLC, established in January 2023, is a financial advisor firm based in Texas with branch offices in Utah, Nevada, and Arizona. The firm specializes in offering investment and wealth management services, managing client portfolios on a discretionary basis primarily through mutual funds, ETFs, individual securities, and options. Clients are required to enter into written agreements outlining the terms of the advisory relationship. Investment adviser representatives have autonomy in managing client assets, determining recommended investments, and employing various methods of analysis and investment strategies. Position Wealth does not have a minimum account size or advisory fee requirement, offering services to individuals, high net-worth individuals, charitable organizations, and businesses. The firm charges annual management fees ranging from 0.25% to 1.50% based on assets under management. Clients can impose restrictions on account management, and the firm may negotiate fees based on specific criteria. Position Wealth may recommend Independent Managers to actively manage client assets, evaluating their strategies and performance to align with client objectives. The firm operates as a fiduciary, acting in clients' best interests, and does not provide services for performance-based fees. Clients have investment discretion over securities transactions, with the firm monitoring portfolios regularly and conducting semi-annual reviews. Position Wealth does not vote on client securities proxies and does not accept authority to do so. The firm does not disclose financial information as it does not solicit prepayment exceeding $1,200, has a stable financial condition, and has not filed for bankruptcy in the past decade.