Managed Wealth Advantage, LLC

Managed Wealth Advantage (MWA) serves individual clients by providing comprehensive financial planning and consulting and by referring investment assets to a third‑party money manager rather than directly managing portfolios. The firm’s planning work covers cash flow, retirement, tax, insurance and estate topics and it acts as a liaison between clients and the designated third‑party manager for ongoing service and paperwork.

MWA’s client work centers on one‑time and ongoing advisory relationships where financial plans are produced on a fixed‑fee basis and investment management is handled exclusively by Gradient Investments, LLC; the firm uses fundamental analysis for insurance reviews and technical analysis for mutual funds and stocks. MWA does not accept discretionary trading authority or directly charge percentage‑of‑assets fees for portfolio management, instead relying on fixed planning fees and referral arrangements with the third‑party manager.

Distinctive aspects disclosed in the Form ADV include the managing member’s active insurance practice and affiliations with insurance entities, an activity that the brochure states occupies more than half of his time and results in commission income; the firm identifies and discloses the resulting conflicts and mitigation measures. The firm is also notable for exclusively outsourcing investment management to a single third‑party manager and receiving an ongoing portion of that manager’s advisory fees, a referral arrangement the ADV describes as creating potential incentives that are managed through disclosures and fiduciary procedures.