Potomac Wealth Strategies, LLC

Potomac Wealth Strategies provides ongoing portfolio management, investment planning, and third‑party manager selection to individuals, high‑net‑worth clients, trusts, estates, charitable organizations, and business entities. The firm serves a small client base through a single advisor and reports managing roughly $45 million in client assets.

The firm operates primarily on a non‑discretionary basis, preparing an Investment Policy Statement and seeking client approval before executing transactions, and relies principally on fundamental analysis alongside both long‑ and short‑term strategies. Custody is maintained at Schwab Institutional and accounts are reviewed at least annually by the sole advisor; clients are asked to use the firm’s recommended custodian rather than directing brokerage.

Compared with many independent RIAs, Potomac’s concentration of assets in non‑discretionary accounts and its provision of portfolio management for institutional clients such as corporations and trusts are less common. The adviser also commonly refers clients to third‑party money managers (including named managers such as Confluence and Dorsey Wright) and reduces its own advisory fee when a third‑party manager is engaged, which affects how clients’ total advisory arrangements are structured.