Description of Firm PR Wealth Management Group, Inc. is a registered investment adviser primarily based in East Moline, Illinois. We also have offices in Nevada and conduct business under the DBA Legacy Wealth Management Group of Las Vegas LLC. PR Wealth Management Group, Inc. is organized as a corporation under the laws of the State of Illinois. We have been providing investment advisory services since 2015. Our principal owners are Joshua M. Robinson and David M. Perry.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we", "our" and "us" refer to PR Wealth Management Group, Inc. and the words "you", "your" and "client" refer to you as either a client or prospective client of our firm.
Financial Planning Services We offer financial planning services to all our clients which typically involve providing a variety of advisory services to clients regarding the management of their financial resources based upon an analysis of their individual needs. Although we offer an a' la carte type of financial planning service on specific financial-related topics, we will meet with you to gather information about your financial circumstances and objectives. We may also use financial planning software to determine your current financial position and to define and quantify your long-term goals and objectives (both financial and non-financial) which may include shorter-term, targeted objectives. Depending on your circumstances our financial planning software utilizes modulars covering certain topics such as: 1. Comprehensive Plan 2. Cash Flow Planning 3. Retirement Planning 4. Investment Planning 5. Insurance Planning 6. Education Planning 7. Estate Planning 8. Income-Tax Planning Once we review and analyze the information you provide to our firm and the data derived from our financial planning software, we will deliver a written plan to you, designed to help you achieve your stated financial goals and objectives. Our written financial plan services involve consultation, analysis, and recommendations in insurance and risk management, investment planning, retirement planning, and estate planning. In order to determine a suitable course of action for an individual client, we shall perform a review of the variables that are presented. Such review may include, but would not necessarily be limited to, investment objectives, consideration of the client's overall financial condition, income and tax status, personal and business assets, risk profile, and other factors unique to the client's particular circumstances. Financial plans are based on your financial situation at the time we present the plan to you, and on the financial information you provide to us. You must promptly notify our firm if your financial situation, goals, objectives, or needs change.
By selecting our financial planning services a conflict of interest is present because persons providing investment advice on our behalf have an incentive to recommend our continuous portfolio management services for the purpose of generating a fee-based compensation rather than solely based on your needs. Nevertheless, you always have the right to decide whether to act on our financial 4 ©2017 National Compliance Services 800-800-3204 planning recommendations. Moreover should you choose to act on any of our recommendations, you also have the right to implement the financial plan and act on our recommendations by placing securities transactions with a brokerage firm selected by you rather than implementing through our portfolio management services as described below.
Portfolio Management Services We offer discretionary portfolio management services. As part of our portfolio management services, we use one or more sub-advisors to manage all of your account on a discretionary basis. The sub- advisor(s) use one or more of their model portfolios to manage your account. If you retain our firm for portfolio management services, we will meet with you as a conduit for the recommended sub-advisor to determine your investment objectives, risk tolerance, and other relevant information at the beginning of our advisory relationship. We will use the information we gather to develop a customized Investment Policy Statement to be shared with our sub-advisor. The recommended sub-advisor provides you with continuous and focused investment advice and/or makes investments on your behalf. After the sub-advisor constructs an investment portfolio for you, they will monitor your portfolio's performance on an ongoing basis, and will re-balance the portfolio as required by changes in market conditions and in your financial circumstances. We will regularly monitor the performance of your accounts managed by sub-advisor(s), and may hire and fire any sub-advisor without your prior approval. Our discretionary portfolio management services requires you to grant our firm discretionary authority. Discretionary authorization will allow us to work with our sub-advisors who will determine the specific securities, and the

amount of securities, to be purchased or sold for your account without your approval prior to each transaction. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm and the appropriate trading authorization forms. You may limit discretionary authorization (for example, limiting the types of securities that can be purchased or sold for your account) by providing us with your restrictions and guidelines in writing. We also provide investment advice for clients currently holding variable annuities within their investment portfolio(s). Although persons providing investment advice on behalf of our firm will not receive commissions on the sale of variable annuities to clients, where clients have granted us discretionary authority, these accounts may be included for our annual AUM (Assets Under Management) reporting obligation as well as for calculating our annual advisory fee. Please see Fees and Compensation section of our brochure for further information. Sub-Advisory Arrangements Forum Financial Management, LP. We have engaged Forum Financial Management, LP ("Forum") as a sub-advisor to include the provision of back office services for the benefit of Clients' accounts. We pay Forum a fee for its services, which include, but are not limited to, account administration, technology, and trading. Clients are not charged any additional fees for Forum's services. We share relevant Client information with Forum. Forum maintains a privacy policy whereby Forum does not disclose non-public information obtained from us to any non-affiliated third parties, except as required to process transactions on Client's behalf.
Moreover Client appoints our firm to receive Forum's Disclosure Brochure or Form ADV, Part 2A. Just as our Disclosure Brochure, Forum's brochure contains information about Forum's advisory services, fees, types of clients, methods of analysis, investment strategies and risk of loss, disciplinary information (if any), financial affiliations, Code of Ethics, brokerage practices, review of accounts, other compensation or referral arrangements, custody of client assets, proxy voting, and any relevant 5 ©2017 National Compliance Services 800-800-3204 financial information. We retain copies of Forum's Disclosure Brochure and, upon Client request, will provide Client with copies of any Disclosure Brochure of Forum by paper or electronic means. This appointment shall remain in place until such time as revoked by you. *Note our legacy client accounts are utilizing AssetMark, Inc. as a sub-advisor.
Wrap Fee Programs We do not participate in any wrap fee program.
Types of Investments We primarily offer advice on mutual funds and exchange traded funds (ETFs). Additionally, we may advise you on any type of investment that we deem appropriate based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship.
You may request that we refrain from investing in particular securities or certain types of securities. You must provide these restrictions to our firm in writing.
IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you.
When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Assets Under Management As of February 12, 2024, we provide continuous management services for $119,978,718 in client assets on a discretionary basis. We also manage $7,021,339 in client assets on a non-continuous basis. 6 ©2017 National Compliance Services 800-800-3204