Midfield Private Wealth, LLC

Midfield Private Wealth provides financial planning, consulting and investment management to individuals, trusts, estates, charitable organizations, corporations and other business entities, and the firm also offers portfolio management services for institutional clients—a service that is less common among similarly sized independent advisers. Investment management is offered on either a discretionary or non-discretionary basis and is implemented through mutual funds, ETFs and the use of independent subadvisors.

The firm’s investment process relies on fundamental analysis and a mix of passive and active strategies, employing both strategic and tactical asset allocation with periodic rebalancing. MPW uses multiple managers and, where appropriate, an outsourced chief investment officer to implement allocations and tailors portfolios to client risk tolerance, time horizon, liquidity considerations and tax objectives.

MPW is a recently formed SEC-registered adviser that reported no assets under management at the time of its filing and expects to become SEC-eligible in the near term, which may be relevant to prospective clients assessing a start-up firm’s operational plans. Unlike most small independent advisers that operate as solo practitioners, MPW is structured to rely on supervised persons, subadvisors and institutional custody and operational arrangements (including authority to arrange fee debits and standing transfer authorizations), reflecting an operational model oriented toward delegated implementation.