Palisade Wealth Management

As a non-custodial RIA, Palisade Wealth Management does not hold client assets on its balance sheet. The firm almost certainly uses a third-party qualified custodian such as Charles Schwab, Fidelity, or Pershing to hold securities and cash, providing clients with independent account statements and SIPC protection. This separation of custody from management is a key structural safeguard for advisory clients.

The firm's investment philosophy centers on multi-asset, goals-based allocation rather than speculative stock-picking. Portfolios are constructed to address specific client outcomes — retirement income, wealth transfer, philanthropic gifting — using a blend of passive and active vehicles. A hallmark of this approach is tax-aware location, placing income-generating assets in qualified accounts and holding tax-efficient equity in taxable accounts, which reflects the standard toolkit of the modern fiduciary RIA.