Dorsey Groomes Wealth Management

Dorsey Groomes Wealth Management is an independent, state‑registered advisory firm that provides financial planning and ongoing investment management to individual and high‑net‑worth clients, with engagements ranging from comprehensive plans to limited or hourly consultations. The firm also offers insurance product recommendations through a licensed insurance agent associated with the firm, and clients are under no obligation to purchase those products.

The advisor operates as a fiduciary and develops plans using industry financial‑planning software, with analyses that include lifetime cash‑flow modeling and stress testing. For investment implementation it typically selects and supervises third‑party managers and pooled products (mutual funds, ETFs, UITs, REITs) and individual securities, performs at least annual reviews with interim monitoring, and bills fees primarily as a percentage of assets or fixed/hourly planning fees.

Noteworthy features include the firm’s recent establishment and very small scale — roughly $1.1 million in discretionary assets across a very small number of client relationships — and a low stated planning fee range for comprehensive plans. The firm discloses and describes procedures to manage conflicts arising from insurance commissions and directed brokerage, and it generally delegates day‑to‑day portfolio management to outside managers rather than acting as the primary portfolio manager itself.