Pecaut Wealth Management

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Client assets under management

$366,912,503

Clients

219

34% high-net-worth

Advisors

of 6 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

High

Average account size

$1,675,400

About

Pecaut Wealth Management works with individuals, trusts, charitable organizations, corporations, and retirement plans, offering financial planning, discretionary portfolio management, investment consulting, and one-time financial plans. Client accounts are tailored and continuously supervised, typically using stocks, bonds, ETFs, and mutual funds and allowing reasonable client-imposed investment restrictions.

The firm formulates advice around each client’s goals, risk tolerance, cashflow needs, and tax considerations, managing asset allocation, periodic rebalancing, and exposure across broad and concentrated investments as appropriate. It applies a long-term, value-oriented approach to individual stock selection—emphasizing fundamental analysis and competitive “moats”—and uses a proprietary system of leading economic indicators to adjust portfolio aggressiveness or defensiveness.

Distinctive features include multi-decade continuity and a longstanding firm newsletter in continuous production since 1982, along with regular quarterly client letters that include market commentary—an uncommon practice for firms in this category. Coupled with its proprietary indicator framework and a mix of in-house and external research sources, these elements shape a more systematic market-timing overlay to its traditional value-investing process.

Client services

Financial planning Portfolio management Newsletters or periodicals Makes investment recommendations

Expertise

Active portfolio management Wealth management

Fee options

Fixed

One-time financial planning fee up to $7,500 per plan (negotiable and may be waived).

Percentage

Up to 0.375% quarterly (equivalent to up to 1.5% annually)

Other

Account minimum: $500,000 minimum (may be waived at discretion)

Main office location

Pecaut Wealth Management

401 Douglas St, Ste 415

Sioux City IA 51101, United States

Number of offices

Most active in

Arizona · California · Illinois · Iowa · Minnesota · Nebraska · New York · Oregon · South Dakota · Texas · Washington

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook Website 712-252-3268

Advisors at this firm

Daniel P

Series 63

Sioux City, IA

Pecaut Wealth Management

Daniel Pecaut is a financial advisor at Pecaut Wealth Management in Sioux City, IA, with 27 years of industry experience. He holds a Series 63 designation and has been with Pecaut & Co. since 1979, continuing through its transition to Pecaut Wealth Management. Pecaut Wealth Management serves individuals, trusts, charitable organizations, corporations, and retirement plans by providing financial planning, discretionary portfolio management, and investment consulting. The firm employs a long-term, value-oriented investment approach combined with a proprietary system of economic indicators to tailor and adjust client portfolios.

Active portfolio management Wealth management

Michael G

CFA®, Series 63, Series 65

Sioux City, IA

Pecaut Wealth Management

Michael Gallagher is a CFA® charterholder with 19 years of industry experience. He is currently with Pecaut Wealth Management, where he has worked since 2021. His prior experience includes roles at TPG Financial Advisors, The Partners Group, and Geneos Wealth Management. Pecaut Wealth Management serves individuals, trusts, charitable organizations, corporations, and retirement plans with customized financial planning, discretionary portfolio management, and investment consulting. The firm employs a long-term, value-oriented investment approach combined with a proprietary system of economic indicators to guide portfolio adjustments.

Active portfolio management Wealth management

John P

Series 65

Sioux City, IA

Pecaut Wealth Management

John Pecaut is a Series 65-licensed financial advisor with nine years of industry experience. He has worked at Pecaut & Co. since 2016 and currently serves at Pecaut Wealth Management in Sioux City, IA, a team-based firm with four advisors. Pecaut Wealth Management serves individuals, trusts, charitable organizations, corporations, and retirement plans by providing financial planning, discretionary portfolio management, investment consulting, and one-time financial plans. The firm employs a long-term, value-oriented investment approach combined with a proprietary system of economic indicators and delivers regular market commentary through client communications.

Active portfolio management Wealth management

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