Wealthjar Investment Advisory, LLC (“Wealthjar”) is wholly-owned by The Rice Partnership, LLC, a SEC-registered investment adviser that provides advisory services. We provide portfolio management services through Institutional Intelligent Portfolios (“IIP”), an automated, online investment management platform for use by advisers and sponsored by Schwab Wealth Investment Advisory, Inc. (the “Program”). Brokerage and investment advisory services and fees differ and it is important for you to understand the differences. This document is a summary of the types of services we provide and how you pay for these services. For additional information and tools to research firms and financial professionals visit Investor.gov/CRS. You can also find educational materials about broker-dealers, investments advisers and investing at this site.
What investment services and advice can you provide me?
We offer investment management services to retail investors which includes: investment planning and ongoing portfolio monitoring. We provide investment services in accordance with the investment objectives of each of our clients. Your portfolio is customized based on your investment objectives.
|Monitoring||Accounts with Wealthjar are reviewed by Orest V. Saikevych and Ashley Wilken. Accounts are reviewed no less than quarterly. More frequent reviews are triggered by changes in investment objectives, tax considerations, large deposits or withdrawals, large sales or purchases, or changes in economic climate.|
|Investment Authority||Wealthjar typically manages your account on a discretionary basis. This means that we have the authority to execute transactions without the client’s approval, while keeping the client’s investment objectives in mind.|
|Investment Offerings||Our investment management solutions offered through IIP are made up of strategies comprised exclusively of exchange-traded funds (ETFs), including large cap equity exposure, gold ETFs, and fixed income investments. Wealthjar also offers an Environmental, Social and Governance (“ESG”) strategy option which allows for investments in ETFs comprised of companies and sectors that meet certain criteria. Wealthjar also provides financial planning and estate planning services.|
|Requirements||The minimum investment required to open an account in the program is $5,000.|
For additional information, see Items 4 and 8 of our ADV Part 2A (Brochure) which can be accessed here.