Thomas Leo Advisory, LLC

Thomas Leo Advisory, LLC (dba Dolan Wealth Management) serves individuals — including high‑net‑worth clients — as well as trusts, estates, charitable organizations and business entities, managing roughly $193 million across about 144 client relationships. The firm offers discretionary asset management and comprehensive portfolio management that combines investment implementation with financial planning and, when appropriate, the use of third‑party money managers.

The firm uses both fundamental and technical analysis and generally pursues long‑term purchase strategies across individual stocks, bonds, ETFs, mutual funds, options and other public and private securities, with continuous monitoring and periodic rebalancing. Its investment menu explicitly includes direct indexing and defined‑outcome (“buffer”) ETFs, treats cash and cash equivalents as an asset class (noting that cash is currently excluded from its billing systems), and discloses the use of AI tools for analytics and meeting transcription.

What distinguishes the firm compared with many peers is its documented practice of assisting clients in arranging securities‑backed lines of credit (SBLOCs) as an alternative to liquidating assets, together with a formal sub‑advisory selection and oversight process for third‑party managers; the brochure notes the firm does not charge for arranging SBLOCs but discloses the attendant conflicts and risks. The firm also details operational arrangements with institutional custodians (Schwab and SEI) that provide technology, research and support services to the adviser — a factor it considers when recommending custody and execution.