Benson Wealth Management, Inc.

Benson Wealth Management, Inc. provides discretionary asset management and portfolio management services primarily to individual clients. The firm documents client goals and constructs tailored investment strategies, and it generally requires a $500,000 account minimum (which the firm may lower or waive in certain circumstances).

BWM’s investment program is managed on a discretionary basis and employs methods that include technical and charting analysis; the brochure also discloses use of options and margin among the security-specific risks the firm may employ. Account oversight is performed at least quarterly (including rebalancing and tax‑loss harvesting reviews), and the firm commonly recommends Charles Schwab as custodian while allowing clients to impose written restrictions.

The firm’s brochure discloses a material regulatory event: on August 10, 2025 BWM and its owner/Chief Compliance Officer entered into a Consent Order with the Tennessee Department of Commerce and Insurance addressing missing elements in client agreements and failure to maintain required minimum net capital for portions of the review period, resulting in a $5,500 civil penalty and required remedial measures (including additional continuing education and compliance steps). The owner also maintains outside broker‑dealer and insurance activities (reported as consuming less than 10% of his time) and receives commissions for those services, a disclosed conflict the firm says it mitigates through policies, disclosures, and its fiduciary obligations.