AVID WEALTH MANAGEMENT GROUP, LLC

Overview

Avid Wealth Management Group, LLC is an independent registered investment adviser organized as an LLC and controlled by an individual owner. The firm serves both individual and family clients as well as institutional accounts, focusing on managed portfolios and advisory services for small businesses. Its business model blends fee-based portfolio management (percentage of AUM plus other fee arrangements) with insurance brokerage activity. Avid functions as a capital allocator that selects and oversees third-party managers when appropriate, and its advisory services include portfolio management, pension consulting and the selection of other advisers. Investment activity leans toward publicly traded pooled vehicles—mutual funds and similar public funds—while also incorporating outsourced alternative strategies. The firm is not positioned as an ESG specialist and reports a single-state footprint. Given its advisory activities and use of third-party managers, Avid appears to combine internally managed solutions with manager-of-managers placements to meet varying client objectives.

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Location & Offices