New Orleans, LA Office

Plum Street Advisors is a boutique wealth management firm that provides combined financial planning and discretionary portfolio management to individual and high-net-worth clients, as well as consulting and fiduciary services to retirement plan sponsors and trustees. The firm manages roughly $463 million for about 175 clients through five advisors and offers access to third‑party separately managed account platforms in addition to mutual funds and ETFs.

The firm’s investment approach emphasizes strategic asset allocation, cost control through low‑cost index funds and ETFs, active rebalancing, and tax-aware implementation; it also provides written quarterly performance reports to clients. Plum Street supplements its in‑house portfolios with third‑party platforms (for example, Atom’s Index Pro, Dimensional direct‑equity SMAs, and the Nationwide Monument Advisor platform) and notes occasional use of options and client‑approved margin in portfolios.

What distinguishes Plum Street from many peers is the firm’s combination of published performance materials and hypothetical performance alongside its use of third‑party SMA strategies that may employ derivatives and borrowing; these features are less common among similar team firms. The brochure also highlights recent expansion of its SMA offerings (including direct‑equity SMAs through Dimensional and thematic/factor capabilities via Atom), reflecting a greater use of institutional platforms within a relatively small advisory team.