Friends Wealth Management

Friends Wealth Management provides portfolio management and comprehensive financial planning to individuals, high‑net‑worth individuals, and business entities, offering both discretionary and non‑discretionary services and preparing an investment policy statement for each client. Services cover traditional vehicles such as mutual funds and ETFs as well as planning topics that include retirement, tax, college, insurance, and debt/credit considerations.

The firm uses a mix of analytic approaches — including charting, cyclical, fundamental, quantitative, technical analysis and Modern Portfolio Theory — and implements both long‑ and short‑term trading aligned with client‑specific investment policy statements and documented risk tolerances. It tailors allocations for each client, may employ model allocations, and conducts periodic reviews (at least annually) while stating a fiduciary duty to allocate opportunities fairly across accounts.

Noteworthy aspects in the brochure include the adviser’s extensive experience recommending alternative and non‑traditional strategies and the firm’s explicit role as a licensed insurance agent that accepts compensation for sales of insurance and annuity products, a conflict it discloses and manages. The firm also operates on an institutional custody platform (Schwab Advisor Services) that provides research and educational events to the adviser, and it does not rely on third‑party sub‑advisers, instead managing or advising accounts directly.