McGehee Wealth Advisory Group

As a registered investment advisory firm, McGehee Wealth Advisory Group is legally bound by the Investment Advisers Act of 1940 to uphold a fiduciary duty to its clients. This requires the firm to put client interests ahead of its own when recommending investments or constructing portfolios. This fiduciary status differentiates the firm from broker-dealer representatives who operate under the less stringent suitability standard, per the SEC's regulatory framework for investment advisors.

The firm likely uses an external qualified custodian to hold client funds, which is the standard practice for independent RIAs under the SEC's Custody Rule. Independent custodians like Charles Schwab or Fidelity typically provide this service, ensuring that client assets remain segregated from the firm's operating capital. The use of a third-party custodian provides an additional layer of security, allowing clients to receive account statements directly from the custodian independent of the advisory firm's own reporting.

McGehee Wealth Advisory Group's approach is centered on individual financial planning, where portfolio construction follows each client's specific time horizon, income needs, and risk appetite. The firm employs a mix of individual stocks, bonds, and pooled investment vehicles such as ETFs and mutual funds. Discretionary management means the firm can rebalance accounts and realize tax losses without requiring client approval for each trade, a common feature in RIA-managed accounts.

The firm registers with either the U.S. Securities and Exchange Commission or state-level securities regulators depending on the total amount of assets under management. Advisors managing over $100 million typically register with the SEC, while those below that threshold register with the state in which they operate. Disciplinary history, brochure filings, and Form ADV Part 2A records are publicly searchable through the SEC's Investment Adviser Public Disclosure (IAPD) website.

McGehee Wealth Advisory Group acts as an individual wealth manager, providing personalized financial planning and investment supervisory services to individuals and families. It does not appear to operate pooled investment vehicles such as mutual funds, hedge funds, or private equity partnerships. Its service model centers on separately managed accounts tailored to unique client mandates, not commingled fund vehicles that require subscription and redemption windows.