Diversified Wealth Management Solutions, LLC

Diversified Wealth Management Solutions provides discretionary and non-discretionary asset management, financial consulting, and retirement-plan advisory services to individuals, corporations, charitable organizations and state or municipal entities. The firm also works with qualified retirement plans — including 401(k), 403(b), pension, profit-sharing and cash-balance plans — and can serve as either a limited-scope ERISA 3(21) advisor or a discretionary ERISA 3(38) investment manager.

DWMS builds portfolios around each client’s goals, time horizon and risk tolerance, employing a mix of methods such as fundamental and technical analysis, charting, cyclical analysis and modern portfolio theory and using both long- and short-term strategies as appropriate. Accounts may be managed on a discretionary or non-discretionary basis, are reviewed at least quarterly for rebalancing and tax-loss harvesting opportunities, and clients receive statements directly from their custodian.

What distinguishes the firm from many peers is its institutional work and retirement-plan capabilities — including IPS development, investment monitoring, QDIA selection and participant education — alongside service to state and municipal clients and corporate/business accounts. The firm’s principal also maintains an affiliated independent insurance practice and may offer insurance products (commissions disclosed as under 3% of his compensation), a relationship the brochure notes and says is managed through disclosures and the firm’s fiduciary procedures.