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Palmetto Private Wealth, LLC

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Client assets under management

$58,000,000

Clients

478

0% high-net-worth

Advisors

2

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

More info

Clients per advisor

239

Very High

Average account size

$121,339

About

Palmetto Private Wealth provides discretionary investment management and financial planning to individuals, high‑net‑worth clients, trusts, estates, and businesses. The firm builds customized portfolios using ETFs, individual equities, mutual funds and bonds, and may engage unaffiliated independent managers for portions of client accounts.

The firm follows a primarily long‑term orientation that combines fundamental and technical analysis and aligns asset allocation and portfolio construction with each client’s goals, time horizon and risk tolerance. As part of its planning services, Palmetto Private Wealth may refer clients to accountants, attorneys or other specialists and provides periodic reports on holdings, allocations and performance.

Palmetto Private Wealth is a small, recently formed two‑advisor RIA managing about $58 million and maintains an institutional custodial relationship that supplies trading, custody and operational support. Principals are also licensed insurance professionals and the firm retains oversight of any independent managers it recommends while not taking additional compensation from those managers.

Client services

Financial planning Portfolio management Selection of other advisers Newsletters or periodicals

Expertise

Wealth management Tax-loss harvesting

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Fee options

Fixed

Fixed fee engagements based on expected hours at hourly rate; fees may be negotiable

Percentage

$0 - $999,999: 1.25% annually $1,000,000 - $2,499,999: 1.00% annually $2,500,000 - $4,999,999: 0.75% annually $5,000,000+: 0.50% annually

Project-based

Up to $250 per hour

Main office location

Palmetto Private Wealth, LLC

1200 John B. White Sr. Blvd.

Spartanburg SC 29306, United States

Number of offices

1

Most active in

More info

North Carolina · South Carolina · Texas

Disclosures

More info

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

More info

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Facebook Instagram Website (864) 804-6640

Advisors at this firm

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user avatar

Joshua S

Series 66

Spartanburg, SC

Palmetto Private Wealth, LLC

Joshua Spencer is a financial advisor with Palmetto Private Wealth, LLC, holding a Series 66 designation and 10 years of industry experience. His prior roles include positions at LPL Financial LLC, First Citizens Investor Services, Edward Jones, and Wells Fargo. He is also a licensed insurance professional in a non-investment capacity. Palmetto Private Wealth advises individuals, high-net-worth clients, trusts, estates, and businesses, offering discretionary investment management alongside financial planning and retirement-account guidance. The firm employs a long-term, goals-based approach combining fundamental and technical analysis to tailor portfolios to client risk tolerance and time horizon.

Wealth management Tax-loss harvesting
user avatar

Paul B

Series 66

Spartanburg, SC

Palmetto Private Wealth, LLC

Paul Baily is a financial advisor at Palmetto Private Wealth, LLC with 14 years of industry experience. He previously worked at LPL Financial, LLC and Edward Jones. Baily holds a Series 66 designation and is also a licensed insurance professional. Palmetto Private Wealth advises individuals, high-net-worth clients, trusts, estates, and businesses, offering discretionary investment management alongside financial planning and retirement-account guidance. The firm manages approximately $49 million in client assets and constructs portfolios using ETFs, individual stocks, mutual funds, and independent managers, following a long-term, goals-based approach tailored to each client’s risk tolerance and time horizon.

Wealth management Tax-loss harvesting
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