Ace Wealth Management, llc

ACE Wealth Management, LLC advises individual and high‑net‑worth clients and also serves pension and profit‑sharing plans, managing roughly $11.8 million across about 20 client relationships. The firm provides ongoing portfolio management with individualized Investment Policy Statements, directs clients to mutual and closed‑end funds, and offers financial planning as a complimentary service to advisory clients; its representatives are also licensed insurance producers and may offer commissionable insurance products.

Investment decisions are based on client‑specific IPS documents and may be managed on a discretionary basis, drawing on fundamental and technical analysis and third‑party research. The firm employs a range of strategies — including long‑ and short‑term trading, margin use, and options writing (including uncovered positions) — and requires clients to use its recommended custodian while receiving certain soft‑dollar research benefits.

Notably, ACE’s combination of pension/profit‑sharing plan work and active insurance‑producer activity is less common among peers and introduces potential conflicts the firm discloses when recommending commissionable products. The firm also collects advisory fees by direct withdrawal (resulting in custody under its procedures), does not accept performance‑based fees or participate in wrap programs, and maintains a small, concentrated client roster that the brochure indicates is reviewed on an ongoing basis.