Chartered Financial Analyst Charterholder
Sam received a Bachelor of Arts degree in Economics from the University of Michigan in 2003 .
In being very active in the Detroit community, Sam Huszczo, CFA has been involved in many community organizations, including The CFA Society of Detroit, a local financial analyst society, where he served as President in 2016. He was elected to Leadership Detroit Class 28, served on the board of the University of Michigan Alumni Association of Greater Detroit, and has been quoted several times in the Detroit Free Press newspaper and DBusiness magazine.
He was also selected as one of the Detroit Business Journals’s 2016 30 in their Thirties honorees, a 2017 featured presenter for the Detroit Economic Club, and most recently honored as the 2017 CFA Institute North American Volunteer of the Year. As a regional CFA Institute Ethics Ambassador, Mr Huszczo has given lectures at: University of Michigan – Stephen Ross, Eastern Michigan University, Oakland University, University of Detroit Mercy, Wayne State University, MAPERs, and the Detroit Economic Club.
Steve joined the advisory team of SGH Wealth Management in May 2019 and has over 20 years of investment experience. He most recently served as a Senior Investment Strategist at Comerica Bank and was responsible for understanding client’s goals and objectives, portfolio creation with a focus on asset allocation, and maintaining client communications. Prior to joining Comerica, Steve served as the Director of Investments for the Skillman Foundation.
He earned his Bachelor degree in Finance from Walsh College and his Master in Business Administration from Wayne State University in 1997. Steve has also earned his Certified Financial Planning designation in 2005.
Steve is actively involved in many community organizations. He serves on the advisory board for the Wayne State University Warrior Fund, Vice President of the Air Force Academy Parents Club for Eastern Michigan and is an investment committee member for the Children’s Center of Wayne County.
Jeff is actively involved in his local community. He has volunteered for a board position at a prominent metro-Detroit non-profit organization and is currently involved with various youth baseball programs for the past 15 years. Since graduating from Hope College with a bachelor’s degree in Accounting, Jeff has been studying towards the Series 65 license and plans to continue his educational pursuits towards becoming a CFP Professional.
Frequently Asked Questions (FAQ):
Where will my investments be held?
Client holdings are generally custodied in investment accounts at Charles Schwab & Co., Inc as a third-party custodian for your assets. SGH Wealth Management, LLC never takes possession of client assets. In partnership with Schwab, we implement top level security to withdraw funds or move money.
Does SGH Wealth Management receive any commissions from investment management?
No. Registered Investment Advisors (RIAs) are regulated by the State securities regulators or the SEC, depending on the size of the RIA. RIAs provide ongoing advice to their clients. In general, RIAs use the same investments offered by the registered representative. But instead of buying and selling investments for a commission, investments are managed for an advisory fee.
RIAs and IARs have a duty of loyalty and are obligated to act in the best interests of their clients without regard to their financial interests or other interests they may have. This is referred to as a “fiduciary” standard of care. Any conflicts of interests must be fully-disclosed up front. It is the highest standard of care in the financial services industry.
Unlike “non-discretionary” transactions that require registered representatives to have all transactions approved by the customer prior to execution, RIAs may transact business on a “discretionary” basis. This means they have authority and approval to buy and sell securities and to make other investment-related decisions on behalf of their clients without receiving prior approval. Granting discretion to the advisor is part of the advisory agreement and must be plainly spelled out.
SGH Wealth Management, LLC is an independent Registered Investment Advisor.
Does SGH Wealth Management require a minimum fee for taking on a new wealth management relationship?
Our stated minimum is $250,000 of investable assets. However, we are always happy to meet to discuss your needs, and there is no fee for an initial consultation.
Are investment returns guaranteed?
No. Investing involves risk of loss, which clients should be prepared to bear.