A. Description of the Advisory Firm
SHP Wealth Management, LLC (hereinafter “SWML”) is a Limited Liability Company
organized in the State of Massachusetts.
The firm was formed in December 2014, and the owner is SHP Holding, LLC. SHP
Holding, LLC is owned by Keith Ellis & Associates, LLC, Gregoire & Associates, LLC and
Helicon MTN Group, Inc. Helicon MTN Group Inc. is owned by Matthew C. Peck, CFP®,
CIMA®, Gregoire & Associates, LLC is owned by Derek Louis Gregoire and Keith Ellis
& Associates, LLC is owned by Keith W Ellis Jr.
B. Types of Advisory Services
Portfolio Management Services
SWML offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. SWML creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a
portfolio that matches each client's specific situation. Portfolio management services
include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
SWML evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. SWML will request discretionary authority from clients in order
to select securities and execute transactions without permission from the client prior to
each transaction. Risk tolerance levels are documented in the Investment Policy
Statement, which is given to each client.
SWML seeks to provide that investment decisions are made in accordance with the
fiduciary duties owed to its accounts and without consideration of SWML’s economic,
investment or other financial interests. To meet its fiduciary obligations, SWML attempts
to avoid, among other things, investment or trading practices that systematically
advantage or disadvantage certain client portfolios, and accordingly, SWML’s policy is to
seek fair and equitable allocation of investment opportunities/transactions among its
clients to avoid favoring one client over another over time. It is SWML’s policy to allocate
investment opportunities and transactions it identifies as being appropriate and prudent,
including initial public offerings ("IPOs") and other investment opportunities that might
have a limited supply, among its clients on a fair and equitable basis over time.
Pension Consulting Services
SWML offers consulting services to pension or other employee benefit plans (including
but not limited to 401(k) plans). Pension consulting may include, but is not limited to:
o identifying investment objectives and restrictions
o providing guidance on various assets classes and investment options
o recommending money managers to manage plan assets in ways designed to
achieve
objectives
o monitoring performance of money managers and investment options and making
recommendations for changes
o recommending other service providers, such as custodians, administrators and
broker-dealers
o creating a written pension consulting plan
These services are based on the goals, objectives, demographics, time horizon, and/or risk
tolerance of the plan and its participants.
Subadviser Services
SWML may also act as a subadviser to advisers unaffiliated with SWML. These third party
advisers would outsource portfolio management services to SWML. This relationship will
be memorialized in each contract between SWML and the third party advisor. This would
include model portfolio construction to outside RIA’s that wish to gain access to our
portfolio construction and research.
Financial Planning
Financial plans and financial planning may include, but are not limited to: investment
planning; life insurance; health insurance; tax concerns; retirement planning; college
planning; and debt/credit planning.
Educational seminars and workshops.
SWML provides periodic educational seminars and workshops to clients.
Services Limited to Specific Types of Investments
SWML generally limits its investment advice to mutual funds, fixed income securities,
real estate funds (including REITs), insurance products including annuities, equities,
private equity funds, ETFs (including ETFs in the gold and precious metal sectors),
treasury inflation protected/inflation linked bonds and non-U.S. securities. SWML may
use other securities as well to help diversify a portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
SWML will tailor a program for each individual client. This will include an interview
session to get to know the client’s specific needs and requirements as well as a plan that
will be executed by SWML on behalf of the client. SWML may use “model portfolios”
together with a specific set of recommendations for each client based on their personal
restrictions, needs, and targets. Clients may impose restrictions in investing in certain
securities or types of securities in accordance with their values or beliefs. However, if the
restrictions prevent SWML from properly servicing the client account, or if the restrictions
would require SWML to deviate from its standard suite of services, SWML reserves the
right to end the relationship.
D. Wrap Fee Programs
A wrap fee program is an investment program wherein the investor pays one stated fee
that includes management fees, transaction costs, and certain other administrative fees.
SWML does not participate in any wrap fee programs.
E. Assets Under Management
SWML has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$875,411,914 $30,275,290 December 2022