Pittsburgh, PA Office

Venn Wealth & Benefit Services is a small, independent, fee-based registered investment adviser that serves individuals, high-net-worth clients, trusts and retirement plans; the firm provides portfolio management, retirement-plan consulting and financial planning across roughly 130 client relationships with about $32 million in assets under management. The firm offers both discretionary and non-discretionary services and provides an initial consultation at no charge.

Venn builds globally diversified portfolios and may use unified managed accounts and pre‑selected model allocations to implement tailored strategies, while treating cash as an asset class and periodically rebalancing as client circumstances or market conditions require. The firm also provides ERISA fiduciary services to plan sponsors, including plan design, investment due diligence, vendor searches, fee benchmarking and participant education.

Distinctive features include that Venn and some of its associated persons operate as licensed insurance agents and an insurance brokerage, and may receive commissions for insurance sales in addition to advisory fees — a conflict of interest the firm discloses and addresses through its policies and disclosures. The firm has a regulatory disclosure: on January 9, 2025 it entered a Consent Agreement with the Commonwealth of Pennsylvania, Department of Banking and Securities concerning the absence of written procedures for leveraged/inverse ETFs and an administrative assessment of $20,000; it also reports the use of standing letters of authorization for a subset of clients (deemed custody) for certain accounts.