Managed Wealth Advisors

Managed Wealth Advisors is a fee‑only registered investment adviser that provides discretionary portfolio management and related advisory services primarily to individual brokerage and retirement accounts. The firm assists clients with establishing brokerage accounts at custodians and delivers periodic performance and transaction reporting while custodians retain custody of client assets.

The firm employs a tactical asset allocation process and constructs portfolios using equities, ETFs, closed‑end mutual funds and derivatives. Options strategies—principally covered calls and cash‑secured puts, with the possibility of more complex option positions for clients who understand the risks—are integrated with closed‑end fund allocations to pursue yield enhancement and volatility management, and clients may impose restrictions on strategies used in their accounts.

Managed Wealth Advisors manages roughly $37 million in assets across a relatively small number of client relationships and operates on a discretionary, fee‑only basis without accepting commissions on securities sales. It commonly recommends Charles Schwab as custodian, conducts daily monitoring of accounts, and provides quarterly reports—an options‑centric, tactical approach that is less typical among similarly sized advisers.