SKM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
SKM Wealth Advisors reports 97 clients. They include 59 individual clients, 37 high-net-worth individuals and 1 charitable organization. Of its assets, 82.8% ($89M across 94 accounts) are managed with discretion; $18.4M across 3 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 18% |
| High-net-worth individuals | 38% | 81% |
| Charitable organizations | 1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 59 | $19M | 17.7% | $322K |
| High-net-worth individuals | 37 | $87.3M | 81.3% | $2.36M |
| Charitable organizations | Fewer than 5 | $1.15M | 1.1% | $1.15M |
| Total | 97 | $107M | 100% | — |
- Clients
- 59
- Regulatory AUM
- $19M
- AUM share
- 17.7%
- Avg. per client
- $322K
- Clients
- 37
- Regulatory AUM
- $87.3M
- AUM share
- 81.3%
- Avg. per client
- $2.36M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.15M
- AUM share
- 1.1%
- Avg. per client
- $1.15M
Total
- Clients
- 97
- Regulatory AUM
- $107M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
SKM Wealth Advisors charges 0.20%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$2M | 0.80% |
| $2M–$5M | 0.60% |
| $5M–$10M | 0.40% |
| $10M and above | 0.20% |
Fee details and sources
Other fees
- Financial Planning
- Financial planning fees range from $250 to $750, paid quarterly in advance, depending on the client's needs and complexity.
- Retirement Plan Consulting and Management
- Plan consulting and management is billed on a percentage of plan assets or a flat fee, not to exceed 1% of assets under advisement or management.
SKM Prosperity Advisors LLC owns 50% to 75% of SKM Wealth Advisors. The leadership team of SKM Wealth Advisors includes Chief Compliance Officer Eric Presogna. It has 9 employees.
Staff
- 9 employees
- 9 in advisory functions
- 9 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of SKM Wealth Advisors LLC
SKM Prosperity Advisors LLC
Control person · since August 2024
Peter Eaglen
Partner, investment advisor representative · since October 2024
Charles Knight
Principal, investment advisor representative · since October 2024
Matthew Minnaugh
Principal, investment advisor representative · since October 2024
Janel Bonsell
Partner, investment advisor representative · since October 2024
Dennis Grow
Principal, investment advisor representative · since October 2024
David Herbe
Partner, principal & investment advisor representative · since October 2024
Daniel Sloppy
Principal, investment advisor representative · since October 2024
- Owns 25% to 50% of SKM Wealth Advisors LLC
Presogna Capital Advisors LLC
Control person · since February 2020
- Owns 75% or more of Presogna Capital Advisors LLC
Eric Presogna
Control person · since August 2024
Besides its headquarters, SKM Wealth Advisors has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 1545 West 38th Street, ErieHQ
Contact and registration details
- Legal name
- SKM Wealth Advisors LLC
- Headquarters
- 1545 West 38th Street, Erie, PA 16508
- Website
- oneupfinancial.com
- Phone
- 814-325-2699
- @one-up-financial
- SEC file
- 801-136342
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
SKM Wealth Advisors’ named custodian for separately managed accounts is Charles Schwab ($107M). SKM Wealth Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $107M100%
At year end, SKM Wealth Advisors’ separately managed accounts were mostly in funds (77%) and stocks (20%).
What the accounts hold
- Stocks20%
- Funds77%
- Bonds3%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
How many clients does SKM Wealth Advisors have?
SKM Wealth Advisors has 97 clients and manages $107 million for them, as of May 2026. They include 59 individual clients, 37 high-net-worth individuals and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 May 2026
What services does SKM Wealth Advisors offer?
SKM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does SKM Wealth Advisors charge?
SKM Wealth Advisors charges 0.20%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does SKM Wealth Advisors use?
SKM Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $107M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 May 2026
How many financial advisors does SKM Wealth Advisors have?
SKM Wealth Advisors has 9 investment adviser representatives registered with state securities authorities, out of 9 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does SKM Wealth Advisors invest in?
At the end of its last fiscal year, SKM Wealth Advisors’ separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 2% investment grade corporate bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns SKM Wealth Advisors?
SKM Wealth Advisors is owned through holding companies by Eric Presogna. Its direct owners are Presogna Capital Advisors LLC (25% to 50%) and SKM Prosperity Advisors LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 5 May 2026
How does SKM Wealth Advisors get paid?
SKM Wealth Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact SKM Wealth Advisors?
SKM Wealth Advisors’ main office is at 1545 West 38th Street, Erie, PA 16508. Its phone number is 814-325-2699. Its website is oneupfinancial.com.
