Overview
PWA is a fee-based SEC-registered investment adviser with its principal place of business located in
Orem, Utah. Our firm has been in business since 2008. Scott Martin Peterson, Jeffrey Dean Lindsay, and
Alexander Parkinson Call are the owners of the firm.
Discretionary assets under our firm’s management are $529,106,564 and non-discretionary assets under
our firm’s management are $38,324,768 as of December 31, 2023.
Portfolio Management Services
PWA is in the business of managing individually tailored investment portfolios. Our firm provides
continuous advice to a client regarding the investment of client funds based on the individual needs of
the client. Through personal discussions in which goals and objectives based on a client's particular
circumstances are established, we develop a client's personal investment policy and create and manage
a portfolio based on that policy. During our data-gathering process, we determine the client’s individual
objectives, time horizons, risk tolerance, and liquidity needs. We may also review and discuss a client’s
prior investment history, as well as family composition and background.
We will manage advisory accounts on a discretionary or non-discretionary basis, depending on the
specific agreement with the client. For discretionary accounts, we will implement transactions without
seeking prior client consent. For non-discretionary accounts, we will seek prior client consent for every
contemplated transaction. Therefore, clients with non-discretionary accounts should understand that any
delay in obtaining consent may result in less favorable transaction terms, including higher security price
and/or limited availability of the securities sought.
Account supervision is guided by the stated objectives of the client (i.e., maximum capital appreciation,
growth, income, or growth and income), as well as tax considerations. Clients may impose reasonable
restrictions on investing in certain securities, types of securities, or industry sectors.
Our investment recommendations are not limited to any specific product or service offered by a broker
dealer or insurance company and will primarily
include advice regarding the following instruments:
• Exchange Traded Funds
• “No-load” or “load-waived” mutual funds
• Certificates of deposit
Occasionally, we may also recommend investments in individual equity and debt securities.
We tailor all of our portfolio management recommendations to the individual needs of each client. All
such recommendations are tailored based on information gathered through client questionnaires,
telephone and in-person discussions.
Peterson Wealth Advisors will pay for the client’s tax preparation service from third-party CPAs from
the firm’s approved list. To qualify for this program the client must maintain a minimum of $1 million
in assets managed by Peterson Wealth Advisors and be retired (no longer receiving a W2 or self-
employment income). Peterson Wealth Advisors may reduce the qualifying threshold at the firm’s
discretion. CPAs on the firm’s approved list are not affiliated with Peterson Wealth Advisors and pay
no consideration to Peterson Wealth Advisors to be included on the approved list.
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Written Acknowledgement of Fiduciary Status
We are legally bound by the fiduciary standard and we have an obligation to act in your best interest
and not put our interest ahead of yours. When we provide investment advice to you regarding your
retirement plan account or individual retirement account, we are fiduciaries within the meaning of
Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as
applicable, which are laws governing retirement accounts.
Under the fiduciary standard, we must:
• Meet a professional standard of care when making investment recommendations (give
prudent advice);
• Never put our financial interests ahead of yours when making recommendations (give
loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your
best interest;
• Charge no more than is reasonable for our services; and
• Provide you information about conflicts of interest.
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