Telos Wealth

John Mugleston, the firm's founder and President, oversees investment strategy and client advisory work. He built the practice around retirement-income planning and has publicly articulated a framework that prioritizes sustainable cash-flow generation over benchmark-relative performance. No separate investment committee or external sub-advisor structure is disclosed.

The firm treats retirement planning as a distinct discipline from accumulation investing, with a primary focus on sequence-of-returns risk, tax-efficient withdrawal strategies, and longevity planning. Portfolios are built across equities, fixed income, and cash instruments, with allocation decisions driven by income durability rather than relative total return. The firm describes its goal as engineering a paycheck replacement from retirement assets.

No. As a boutique advisory practice concentrated on retirement-income planning for individual clients, Telos Wealth does not participate in private-equity deals, venture capital, fund commitments, or direct co-investment programs. The firm manages portfolios of liquid public-market securities and cash instruments.

Telos Wealth operates as a registered investment adviser charging asset-based fees on discretionary portfolios. The firm is independent and does not derive revenue from broker-dealer commissions, proprietary product sales, or referral arrangements. Specific fee schedules are disclosed in the firm's Form ADV Part 2A brochure (per SEC records).

Telos is a Greek word meaning purpose, end goal, or ultimate aim. John Mugleston adopted the name to signal the firm's thematic focus on retirement as the central organizing purpose of a client's financial life—the point at which savings become income. The name reflects the firm's conviction that planning should start from the distribution endpoint and work backward.