Scipione Wealth Advisors, Inc.

Scipione Wealth Advisors works with individual and high‑net‑worth clients as well as pension and profit‑sharing plans, offering ongoing portfolio management, financial planning, and the selection of third‑party money managers. The firm prepares an Investment Policy Statement for each client and provides advice across mutual funds, ETFs, bonds, third‑party managers, and insurance products.

The firm primarily directs clients to third‑party money managers and matches managers to client needs by product type, risk tolerance and goals, relying on Modern Portfolio Theory and generally favoring long‑term holdings in mutual funds and ETFs. Accounts are managed on a non‑discretionary basis — the brochure reports about $41.17 million in non‑discretionary assets as of 12/31/2024 — and client accounts are reviewed at least quarterly by the firm’s sole adviser.

Noteworthy distinctions include disclosed fee‑sharing arrangements with third‑party managers and the adviser’s licensure as an insurance agent, which the brochure states may result in commissionable sales of insurance products and other third‑party compensation (including occasional referral arrangements). The firm also requires use of its recommended custodian rather than allowing client‑directed brokerage and does not accept discretionary trading authority or custody of client assets, matters the brochure identifies as potential conflicts and operational limitations.