Broker Check

Asset Management

Shealy Wealth Management prides itself on offering asset management services. We do not take a cookie cutter approach to designing, constructing, and managing your investment portfolio. We do not allow a computer program to make automatic buy and sell decisions for your hard earned money based on some algorithmic approach and historical data that might only work in a back-test. We listen in great detail to you and provide a tailored, personalized portfolio where individualized tax loss harvesting is executed where appropriate in non-retirement accounts.

Our advisory fee structure is simple, straightforward, and transparent. As a client, all fees should be disclosed so that you know exactly what you are paying.

In our advisory accounts, that are managed on a discretionary basis, the client is always aware of what is taking place within the account through monthly statements, quarterly reports, on-line account viewing, or simply speaking with us about their account at any time.

Advisory accounts use a combination of different investment vehicles. We are not of the belief that one investment vehicle is the holy grail to successful investing. We are also not of the belief that active investing always does better than passive investing or passive investing does better than active investing. We have decades of asset management experience and have seen many different types of markets to know there are not any absolutes when it comes to successful investing. Our advisory accounts utilize ETFs, no-load mutual funds, individual stocks, individual bonds, REITs, and load-waived mutual funds.

In today’s unpredictable world and often erratic equity markets, we believe that Equity Index Annuities (EIA) can serve a very useful purpose for a portion of a client’s portfolio. When suitable, our firm will use them depending upon the specific needs of the client and the recommended EIA. Our view is that EIAs can provide a competitive alternative to cash or cash equivalents while offering principal protection. EIAs are not suitable for all investors and are long-term, tax-deferred investment vehicles designed for retirement purposes. Withdrawals prior to 59 ½ may result in an IRS penalty, and surrender charges may apply..

No load and load waived funds may incur 12b-1 fees. EIAs permit investors to participate in only a stated percentage of an increase in an index (participation rate) and may impose a maximum annual account value percentage increase. EIAs typically do not allow for participation in dividends accumulated on the securities represented by the index. Guarantees are based on the claims paying ability of the issuing insurance company. No strategy assures success or protects against loss.