Our firm is dedicated to providing individuals and other types of clients with a wide array of investment advisory
services. Our firm is a limited liability company formed under the laws of the State of California in 2018 and has
been in business as an investment adviser since that time. Our firm is owned by Brian Boyd (75%) and Ryan Triplett
(25%).
The purpose of this Brochure is to disclose the conflicts of interest associated with the investment transactions,
compensation and any other matters related to investment decisions made by our firm or its representatives. As
a fiduciary, it is our duty to always act in the client’s best interest. This is accomplished in part by knowing our
client. Our firm has established a service-oriented advisory practice with open lines of communication for many
different types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time
horizons. Working with clients to understand their investment objectives while educating them about our process,
facilitates the kind of working relationship we value.
Types of Advisory Services Offered
Comprehensive Wealth Management:
As part of our Comprehensive Wealth Management service, clients will be provided ongoing asset management
and financial planning services. Our firm conducts client meetings to understand their current financial situation,
existing resources, financial goals, and tolerance for risk. Based on what is learned, an investment approach is
presented to the client, consisting of Exchange Traded Funds (ETFs), mutual funds, individual stocks, bonds,
options, and other public and private securities or investments. The client’s individual investment strategy is
tailored to their specific needs and may include some or all of the previously mentioned securities. Portfolios will
be designed to meet a particular investment goal, determined to be suitable to the client’s circumstances. Once
the appropriate portfolio has been determined, portfolios are continuously and regularly monitored, and if
necessary, rebalanced based upon the client’s individual needs, stated goals and objectives. Upon client request,
our firm provides a summary of observations and recommendations for the planning aspects of this service.
Clients with $1,000,000 or more of investable assets under our management will receive Financial Planning
services at no additional cost. If elected by the Client, we also offer trading services for assets held away. For those
clients with less than $1,000,000 of investable assets under our management, we bill an annual Financial Planning
fee separately as outlined in Item 5.
Our firm may utilize the sub-advisory services of a third-party investment advisory firm or individual advisor to aid
in the implementation of an investment portfolio designed by our firm. Before selecting a firm or individual, our
firm will ensure that the chosen party is properly licensed or registered.
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Boyd Wealth Management, LLC
Financial Planning:
Our firm provides financial planning services to clients for the management of financial resources based upon an
analysis of current situation, goals, and objectives. Typically, this service is provided on an ongoing annual basis,
and will involve preparing a financial plan based on the client’s financial goals and objectives. This planning may
encompass:
• Investment Planning • Mortgage/Debt Analysis
• Retirement Planning • Insurance Analysis
• Estate Planning • Lines of Credit Evaluation
• Charitable Planning • Corporate Structure
• Education Planning • Real Estate Analysis
• Corporate and Personal Tax Planning • Business and Personal Financial Planning
Written financial plans rendered to clients usually include general recommendations for a course of activity or
specific actions to be taken by the clients. Implementation of the recommendations will be at the discretion of
the client. Our firm provides clients with a summary of their financial situation, and observations for financial
planning engagements. Assuming that all the information and documents requested from the client are provided
promptly, plans are typically completed within 6 months of the client signing a contract with our firm.
Retirement Plan Services:
Boyd Wealth Management, LLC offers:
1. Discretionary Investment Management Services
2. Non-Discretionary Investment Advisory Services
3. Retirement Plan Consulting Services
We offer these services to employer-sponsored retirement plans and their participants. Depending on the type of
the Plan and the specific arrangement with the Sponsor, we may provide one or more of these services. Prior to
being engaged by the Sponsor, we will provide a copy of this Form ADV Part 2 along with a copy of our Privacy
Policy and Investment Fiduciary & Retirement Plan Consulting Agreement ("Agreement") that contains the
information required under Sec. 408(b)(2) of the Employee Retirement Income Security Act ("ERISA") as applicable.
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Boyd Wealth Management, LLC
The Agreement authorizes our Investment Adviser Representatives ("IARs") to deliver one or more of the following
services:
Discretionary Investment Management Services
These services are designed to allow the Plan fiduciary to delegate responsibility for managing, acquiring and
disposing of Plan assets that meet the requirements of the Employee Retirement Income Security Act of 1974
("ERISA"). We will perform these investment management services through our IARs and charge fees as
described in this Form ADV and the Agreement. If the Plan is subject to ERISA, we will perform these services
as an “investment manager” as defined under ERISA Section 3(38) and as a “fiduciary” to the Plan as defined
under ERISA Section 3(21). Specifically, the Sponsor may determine that we perform the following services:
SELECTION, MONITORING & REPLACEMENT OF DESIGNATED INVESTMENT ALTERNATIVES ("DIAs"):
Advisor will review with Sponsor the investment objectives, risk tolerance and goals of the Plan and provide
to Sponsor an IPS that contains criteria from which Advisor will select, monitor and replace the Plan's DIAs.
Once approved by Sponsor, Advisor will review the investment options available to the Plan and will select
the Plan's DIAs in accordance with the criteria set forth in the IPS. On a periodic basis, Advisor will monitor
and evaluate the DIAs and replace any DIA(s) that no longer meet the IPS criteria.
CREATION & MAINTENANCE OF MODEL ASSET ALLOCATION PORTFOLIOS ("MODELS")
Advisor will create a series of risk-based Models comprised solely among the Plan's DIAs; and, on a periodic
basis and/or upon reasonable request, Advisor will reallocate and rebalance the Models in accordance with
the IPS or other guidelines approved by Sponsor.
SELECTION, MONITORING & REPLACEMENT OF QUALIFIED DEFAULT INVESTMENT ALTERNATIVES ("QDIA(s)")
Based upon the options available to the Plan, Advisor will select, monitor and replace the Plan's QDIA(s) in
accordance with the IPS.
MANAGEMENT OF TRUST FUND:
Advisor will review with Sponsor the investment objectives, risk tolerance and goals of the Plan and provide
to Sponsor an IPS that contains criteria from which Advisor will select, monitor and replace the Plan's
investments. Once approved by Sponsor, Advisor will review the investment options available to the Plan and
will select the Plan's investments
in accordance with the criteria set forth in the IPS. On a periodic basis,
Advisor will monitor and evaluate the investments and replace any investment(s) that no longer meet the IPS
criteria.
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Boyd Wealth Management, LLC
Retirement Plan Consulting Services
Retirement Plan Consulting Services are designed to allow our IARs to assist the Sponsor in meeting his/her
fiduciary duties to administer the Plan in the best interests of Plan participants and their beneficiaries.
Retirement Plan Consulting Services are performed so that they would not be considered “investment advice”
under ERISA. The Sponsor may elect for our IARs to assist with any of the following services:
Administrative Support
✓ Assist Sponsor in reviewing objectives and options available through the Plan
✓ Review Plan committee structure and administrative policies/procedures
✓ Recommend Plan participant education and communication policies under ERISA 404(c)
✓ Assist with development/maintenance of fiduciary audit file and document retention policies
✓ Deliver fiduciary training and/or education periodically or upon reasonable request
✓ Assist with coordinating Plan participant disclosures under ERISA 404(a)
✓ Recommend procedures for responding to Plan participant requests
Non-Discretionary Fiduciary Services
These services are designed to allow the Sponsor to retain full discretionary authority or control over assets of
the Plan. We will solely be making recommendations to the Sponsor. We will perform these Non-
Discretionary investment advisory services through our IARs and charge fees as described in this Form ADV
and the Agreement. If the Plan is covered by ERISA, we will perform these investment advisory services to the
Plan as a "fiduciary" defined under ERISA Section 3(21). The Sponsor may engage us to perform one or more
of the following Non-Discretionary investment advisory services:
INVESTMENT POLICY STATEMENT ("IPS"):
Advisor will review with Sponsor the investment objectives, risk tolerance and goals of the Plan. If the Plan
does not have an IPS, Advisor will provide recommendations to Sponsor to assist with establishing an IPS. If
the Plan has an existing IPS, Advisor will review it for consistency with the Plan's objectives. If the IPS does
not represent the objectives of the Plan, Advisor will recommend to Sponsor revisions to align the IPS with
the Plan's objectives.
ADVICE REGARDING DESIGNATED INVESTMENT ALTERNATIVES ("DIAs"):
Based on the Plan's IPS or other guidelines established by the Plan, Advisor will review the investment options
available to the Plan and will make recommendations to assist Sponsor with selecting DIAs to be offered to
Plan participants. Once Sponsor selects the DIAs, Advisor will, on a periodic basis and/or upon reasonable
request, provide reports and information to assist Sponsor with monitoring the DIAs. If a DIA is required to be
removed, Advisor will provide recommendations to assist Sponsor with replacing the DIA.
ADVICE REGARDING QUALIFIED DEFAULT INVESTMENT ALTERNATIVE ("QDIA(s)"):
Based on the Plan's IPS or other guidelines established by the Plan, Advisor will review the investment options
available to the Plan and will make recommendations to assist Sponsor with selecting or replacing the Plan's
QDIA(s).
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Boyd Wealth Management, LLC
Service Provider Support
✓ Assist fiduciaries with a process to select, monitor and replace service providers
✓ Assist fiduciaries with review of Covered Service Providers ("CSP") and fee benchmarking
✓ Provide reports and/or information designed to assist fiduciaries with monitoring CSPs
✓ Assist with use of ERISA Spending Accounts or Plan Expense Recapture Accounts to pay CSPs
✓ Assist with preparation and review of Requests for Proposals and/or Information
✓ Coordinate and assist with CSP replacement and conversion
Investment Monitoring Support
✓ Periodic review of investment policy in the context of Plan objectives
✓ Assist the Plan committee with monitoring investment performance
✓ Assist with monitoring Designated Investment Managers and/or third-party advice providers
✓ Educate Plan committee members, as needed, regarding replacement of DIA(s) and/or QDIA(s)
Participant Services
✓ Facilitate group enrollment meetings and coordinate investment education
✓ Assist Plan participants with financial wellness education, retirement planning and/or gap analysis
Potential Additional Retirement Services Provided Outside of the Agreement
In providing Retirement Plan Services, BWM and its IARs may establish a client relationship with one or more Plan
participants or beneficiaries. Such client relationships develop in various ways, including, without limitation:
• as a result of a decision by the Plan participant or beneficiary to purchase services from BWM not
involving the use of Plan assets;
• as part of an individual or family financial plan for which any specific recommendations
concerning the allocation of assets or investment recommendations relating to assets held
outside of the Plan; or
• through a rollover of an Individual Retirement Account ("IRA Rollover").
If BWM is providing Retirement Plan Services to a plan, IARs may, when requested by a Plan participant or beneficiary,
arrange to provide services to that participant or beneficiary through a separate agreement. If a Plan participant or
beneficiary desires to affect an IRA Rollover from the Plan to an account advised or managed by BWM, IAR will have
a conflict of interest if his/her fees are reasonably expected to be higher than those paid to BWM in connection with
the Retirement Plan Services. IAR will disclose relevant information about the applicable fees charged by BWM prior
to opening an IRA account. Any decision to affect the rollover or about what to do with the rollover assets remain
that of the Plan participant or beneficiary alone.
In providing these optional services, we may offer employers and employees information on other financial and
retirement products or services offered by BWM and our IARs.
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Boyd Wealth Management, LLC
Tailoring of Advisory Services
Our firm offers individualized investment advice to our Comprehensive Wealth Management clients. General
investment advice will be offered to our Financial Planning clients.
Each Comprehensive Wealth Management client has the opportunity to place reasonable restrictions on the types
of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may
not be possible due to the level of difficulty this would entail in managing the account.
When providing investment fiduciary services to our Retirement Plan Consulting clients, we will tailor our advice or (if
applicable) discretion to meet the investment policies or other written guidelines adopted by the Sponsor. When
providing Participant Investment Advice, such advice will be based upon the investment objectives, risk tolerance and
investment time horizon of each individual Plan participant.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program.
Regulatory Assets Under Management
TYPE As of: AUM/AUA IN US DOLLARS
Discretionary AUM
December 2023
$ 305,526,296.00
Non-Discretionary AUM $ 0.00
Total AUM $ 305,526,296.00
Additional Assets Under Advisement $ 0.00
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Boyd Wealth Management, LLC