Ventura Wealth Management

Ventura Wealth Management is a SEC registered advisory firm founded by Nick Ventura and Daniel McElwee. Nick has over 40 years of experience in investment management, specializing in portfolio strategy, asset allocation, and financial planning. The firm manages over $599 million in assets on both discretionary and non-discretionary bases. Ventura Wealth offers financial planning services covering various areas such as asset allocation, income tax planning, and retirement planning. Their investment management services focus on using Portfolio Models to align with clients' investment goals and objectives. The firm provides several model portfolios, including Current Income, Moderate Allocation, Global Balanced, Core Equity, Global Alpha, DART, and legacy models like Special Situations and TSC portfolios. Ventura Wealth charges negotiable financial planning fees ranging from $250 to $500 per hour and $2,000 to $10,000 on a fixed fee basis. Their investment management fees are based on a percentage of assets managed, starting at 1.50% for assets up to $500,000. The firm does not charge performance-based fees and primarily serves individuals, high net worth individuals, trusts, estates, charitable organizations, corporations, and pension plans. Ventura Wealth exercises investment discretion over client accounts, allowing them to make transactions without prior client consent. The firm does not vote client securities proxies and does not maintain physical custody of client assets. Clients are required to have a minimum portfolio size of $500,000 for investment management services, although exceptions may be made based on specific criteria.