PR WEALTH MANAGEMENT GROUP

RIASEC RegisteredEst. 2021

Total AUM

$165M

Discretionary

$130M

79% of AUM

Avg account

$362K

Accounts

456

Employees

Advisory reps

Firm details

Headquarters: EAST MOLINE, Illinois
CRD number: 173711
Registered since: September 8, 2021
Website: www.prwmg.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges
Client types: Individuals76.84%
HNWI20.9%
Pension & Profit Sharing Plans2.26%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

PR Wealth Management Group is an independent registered investment adviser that acts as a capital allocator for both individual/family clients and institutional mandates. Registered with the SEC in 2021 and structured as a corporation under individual ownership, the firm delivers financial planning and portfolio management services for individuals, small businesses and institutions, and it also performs manager selection on clients’ behalf. Fee arrangements combine a percentage of assets under management with hourly advisory billing. The firm shows a clear equity orientation: exchange-traded equities are the dominant holding type in client portfolios. PR Wealth Management Group does not list itself as an active ESG investor. It also uses external managers and third-party advisers when implementing strategies, which aligns with its stated role as a capital allocator.