Massey Morgan Wealth Management, LLC

Massey Morgan Wealth Management provides financial planning and advisory services to individuals, pension and profit‑sharing plans, trusts, estates and charitable organizations, covering areas such as cash flow, tax, college and retirement planning. Rather than directly managing client portfolios, the firm refers clients to third‑party money managers, assists with paperwork and ongoing liaison responsibilities, and delivers TPM disclosures and periodic review materials.

The firm’s advice is grounded in documented client objectives and Investment Policy Statements, while portfolio construction and trade execution are handled by the selected third‑party managers; clients receive custodial statements and TPM reports at least quarterly. Massey Morgan does not accept discretionary trading authority, does not custody client assets, and does not participate in wrap fee programs.

Noteworthy aspects include material affiliated insurance activities — one principal spends roughly half her time in a licensed insurance practice while the other devotes a small portion of time to insurance sales — and a formal referral and incentive arrangement with a named third‑party manager that produces ongoing fee‑sharing and additional benefits (marketing, technology, training), all disclosed as potential conflicts of interest. The firm’s referral‑centric business model, its stated absence of performance‑based fees, and its policy that clients vote their own proxies distinguish it from many peers that directly manage client assets.