Desla Wealth Management

Desla Wealth Management provides investment advisory and financial planning services to individuals as well as retirement plan sponsors, corporations, trusts, and other institutional clients. The firm reports roughly $32.7 million in discretionary assets under management across about 49 client relationships and delivers portfolio management through its sponsored wrap-fee wealth management program.

The firm designs client portfolios under a Strategic Wealth Management program and customizes allocations to individual risk tolerance and objectives, using limited discretionary authority within its wrap-fee platform. Financial planning is offered as a separate service and clients may implement planning recommendations independently or through the firm’s investment adviser representatives.

Notable from the firm’s brochure is that Desla sponsors its own wrap-fee program and that its investment adviser representative is also licensed as an insurance agent who may sell insurance products for commissions; the brochure discloses these potential conflicts and describes policies and oversight intended to address them. The firm also offers a Qualified Retirement Plan program that integrates multiple plan types for plan sponsors (while noting it is not an ERISA 3(38) investment manager) and states it does not currently refer client accounts to other advisors.