A. Description of the Advisory Firm
PFG Private Wealth Management, LLC (hereinafter “PFGPWM”) is a Limited Liability
Company organized in the State of Florida.
The firm was formed in November 2015, and the principal owners are Jeffrey Douglas
Perry and Robert Montgomery Perry.
B. Types of Advisory Services
Portfolio Management Services
PFGPWM offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. PFGPWM creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels). 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
PFGPWM evaluates the current investments of each client with respect to their risk
tolerance levels and time horizon. PFGPWM 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.
PFGPWM seeks to provide that investment decisions are made in accordance with the
fiduciary duties owed to its accounts and without consideration of PFGPWM’s economic,
investment or other financial interests. To meet its fiduciary obligations, PFGPWM
attempts to avoid, among other things, investment or trading practices that systematically
advantage or disadvantage certain client portfolios, and accordingly, PFGPWM’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 PFGPWM’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
PFGPWM offers ongoing consulting services to pension or other employee benefit plans
(including but not limited to 401(k) plans) based on the demographics, goals, objectives,
time horizon, and/or risk tolerance of the plan’s participants.
Financial Planning
Financial plans and financial planning may include, but are not limited to: investment
planning; life insurance; tax concerns; retirement planning; college planning; and
debt/credit planning.
Workshops and Seminars
PFGPWM offers financial planning workshops to attendees at a charge.
Services Limited to Specific Types of Investments
PFGPWM generally limits its investment advice to mutual funds, fixed income securities,
real estate funds (including REITs), insurance products including annuities, equities, ETFs
(including ETFs in the gold and precious metal sectors), commodities and non-U.S.
securities, although PFGPWM primarily recommends mutual funds and ETFs to a
majority of its clients. PFGPWM may use other securities as well to help diversify a
portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
PFGPWM offers the same suite of services to all of its clients. However, specific client
investment strategies and their implementation are dependent upon the client Investment
Policy Statement which outlines each client’s current situation (income, tax levels, and risk
tolerance levels). 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
PFGPWM from properly servicing the client account, or if the restrictions would require
PFGPWM to deviate from its standard suite of services, PFGPWM reserves the right to
end the relationship.
D. Wrap Fee Programs
Wrap fee programs are investment programs where the investor pays one stated fee that
includes management fees and trading fees. PGFPWM does not participate in wrap fee
programs.
E. Assets Under Management
PFGPWM has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$239,232,836 $374,919 December 31, 2022