Sage Wealth Advisory

Yes. As an SEC-registered Registered Investment Advisor, Sage Wealth Advisory is legally bound by the Investment Advisers Act of 1940 to act as a fiduciary for its clients. This requires the firm to place client interests first, disclose conflicts of interest, and provide advice that is in the best interest of each client. The firm's Form ADV, which must be delivered to clients and is publicly available through the SEC's IAPD database, describes its fee structure and any disciplinary events.

Public filings indicate the firm charges asset-based fees — a percentage of the assets it manages for each client. It does not take commissions from product sales or third-party marketing payments. This fee-only model is common among independent RIAs and is designed to align the firm's incentives with client portfolio growth rather than transaction volume.

Sage Wealth Advisory does not hold client assets directly. Like most independent advisory firms, it uses a qualified custodian — typically a major financial institution such as Charles Schwab, Fidelity, or Pershing — to maintain and safeguard client accounts. Clients receive statements directly from the custodian, which provides an independent record of holdings and transactions that can be cross-referenced against the advisor's reports.

No. The firm's public disclosures describe a portfolio construction approach based on equities, fixed income, and pooled investment vehicles like mutual funds and ETFs. There is no indication that the firm sources direct private equity, venture capital, hedge fund, or real estate deals. Clients seeking private-market exposure would typically need to look beyond this firm's core service set.

Sage Wealth Advisory's registration and public disclosure filings are accessible through the SEC's Investment Adviser Public Disclosure (IAPD) website. Its Form ADV Part 1 provides details on the firm's ownership, number of employees, clients, assets under management, and any regulatory events. Part 2 of the Form ADV — the firm's 'brochure' — describes its services, fees, investment strategies, and conflicts of interest in plain language.