Objectivity Squared Wealth Management (“OSWM” or the “Advisor”) is a registered investment
advisor with the U.S. Securities and Exchange Commission (“SEC”). The Advisor is organized
as a Limited Liability Company (“LLC”) under the laws of the State of South Carolina. OSWM
was founded in October 2020, and is owned and operated by Nicholas C. Holmes (Managing
Member / CCO) and Alexander Opoulos (Managing Member). This Disclosure Brochure
provides information regarding the qualifications, business practices, and the advisory services
provided by OSWM.
OSWM provides investment advisory services, which may include, but are not limited to, the
review of client investment objectives and goals, recommending asset allocation strategies of
managed assets among investment products such as cash, stocks, mutual funds and bonds,
annuities, and/or preparing written investment strategies. Our investment advice is tailored to
meet our clients’ needs and investment objectives. Clients may impose restrictions on investing
in certain securities or types of securities (such as a product type, specific companies, specific
sectors, etc.) by providing a signed and dated written notification, of which an e-mail is also an
acceptable form of notification. OSWM also provides financial planning consulting as part of
investment management services including, but not limited to, risk assessment/management,
investment planning, estate planning, financial organization, or financial decision
making/negotiation.
OSWM provides investment advisory and other financial services through its Investment
Advisory Representatives ("IAR") to accounts opened with OSWM. Managed Accounts are
available to individuals, high net worth individuals, charitable organizations, corporations, and
certain retirement accounts (although OSWM is no longer offering retirement consulting services
to new clients).
The Advisor serves as a fiduciary to Clients, as defined under the applicable laws and
regulations. As a fiduciary, the Advisor upholds a duty of loyalty, fairness and good faith
towards each Client and seeks to mitigate potential conflicts of interest. OSWM’s fiduciary
commitment is further described in the Advisor Code of Ethics. For more information regarding
the Code of Ethics, please see Item 11 – Code of Ethics, Participation or Interest in Client
Transactions and Personal Trading.
OSWM provides discretionary and non-discretionary investment advisory services to some of its
clients through various managed account programs. OSWM will assist clients in determining the
suitability of the Managed Account Programs for the client. The IAR is compensated through a
comprehensive single fee
and the account may be assessed other charges associated with
conducting a brokerage business. OSWM and its IAR, as appropriate, will be responsible for the
following:
• Performing due diligence
• Recommending strategic asset and style allocations
• Providing research on investment product options, as needed
• Providing client risk profile questionnaire
• Obtaining investment advisory contract from client with required financial, risk tolerance,
suitability and investment vehicle selection information for each new account
• Performing client suitability check on account documentation, review the investment
objectives and evaluate the investment vehicle selections
• Providing Firm Brochure (this document)
Retirement Accounts – When the Advisor provides investment advice to Clients regarding
ERISA retirement accounts or individual retirement accounts (“IRAs”), the Advisor is a
fiduciary within the meaning of Title I of the Employee Retirement Income Security Act
(“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing
retirement accounts. When deemed to be in the Client’s best interest, the Advisor will provide
investment advice to a Client regarding a distribution from an ERISA retirement account or to
roll over the assets to an IRA, or recommend a similar transaction including rollovers from one
ERISA sponsored Plan to another, one IRA to another IRA, or from one type of account to
another account (e.g. commission-based account to fee-based account). Such a recommendation
creates a conflict of interest if the Advisor will earn a new (or increase its current) advisory fee
as a result of the transaction. No client is under any obligation to roll over a retirement account to
an account managed by the Advisor.
Private Equity
Certain clients may be involved with a third-party private equity vehicle, such as Live Oak Capital
or other similar investments. OSWM will apply standard suitability practices for eligibility
requirements.
OSWM recommends a Wrap Fee Program for the client’s account(s). A “wrap fee
program” for purposes of the SEC is a program under which investment advisory and
brokerage execution services are provided for a single “wrapped” fee that is not based on the
transactions in a client account. Clients with Wrap Fee Program accounts will be provided with
OSWM’s Wrap Fee Brochure.
As of December 31, 2023, the firm had the following Assets Under Management:
Discretionary Assets Under Management: $353,900,000
Non-Discretionary Assets Under Management: $7,816,000
Total Assets Under Management: $361,716,000
Form ADV, Part 2A, Item 5