Palmetto Private Wealth

Palmetto Private Wealth

Palmetto Private Wealth launched in 2023 with Managing Principal Paul Baily and Principal Joshua Spencer anchoring a four-person team in Spartanburg, South Carolina. The firm was built explicitly for clients who want financial advice that aligns with evangelical Christian principles — a niche it formalizes through the Certified Kingdom Advisor designation held by Baily. Its client base spans the Upstate region, drawn from referrals within church communities and local business networks in Spartanburg, Greenville, Landrum, Campobello, Gaffney, and Tryon. The firm's strategy hinges on holistic planning rather than product distribution. Core service lines include investment and retirement planning, income and tax strategy, Social Security and Medicare guidance, risk management and insurance evaluation, business succession planning, and philanthropy and wealth transfer strategies. Its biblically responsible investing mandate functions as a negative screen that excludes securities misaligned with stated faith values, applied across managed portfolios and corporate retirement plans the firm designs for local business owners. The geographic focus remains tightly concentrated on Upstate South Carolina, with no indication of multi-state or national expansion. Palmetto Private Wealth operates as a lean practice with four professionals listed publicly: Baily, Spencer, Administrative Director Jackie Earls, and Administrative Assistant Katelyn Ingardia. The firm provides fiduciary, fee-only advisory — a structure that legally requires it to prioritize client interests above its own revenue generation. While it does not disclose assets under management or total deployment figures, its service menu indicates a broad retail-wealth and small-business advisory footprint rather than institutional capital deployment. What distinguishes Palmetto Private Wealth structurally is the fusion of a fiduciary standard with an explicit theological investment screen — a combination that narrows the investable universe by design. Most RIAs serve diverse clienteles without a unified values mandate; here, the Certified Kingdom Advisor framework is the organizing principle, not an optional overlay. This creates a self-selecting client base and limits the firm's addressable market to investors who share its biblical stewardship philosophy.