Avanti Wealth Management

Avanti Wealth Management is a state-registered, fee-based investment adviser that serves individual clients as well as pension and profit-sharing plans, trusts, estates, charitable organizations, and business entities. The firm offers discretionary portfolio management, financial planning, and qualified retirement plan advisory services, including participant education and plan evaluations.

The adviser employs a tactical allocation strategy implemented on a discretionary basis, using exchange-traded funds, mutual funds, individual securities and, where appropriate, private/alternative investments; it applies fundamental, technical and cyclical analysis and may use cash positions as a hedge. For retirement plans the firm relies on written Investment Policy Statements and can act in ERISA 3(21) or 3(38) capacities, providing investment option monitoring and implementation support as part of its pension consulting services.

Noteworthy aspects relative to peers include the firm’s insurance-affiliated activities: its investment adviser representatives are licensed to sell insurance and offer fee-based annuities and other insurance products, a relationship the brochure discloses as a potential conflict of interest. The firm has also recently added private/alternative investments to its offerings and requires clients to custody assets with its recommended custodian while maintaining a small cash buffer to cover fee deductions.