Independent · Fee-Only · Fiduciary
610-757-1855 Contact Client Login
Private Wealth Management

Wealth, optimized for what matters most to you.

An independent, fee-only advisory firm serving a select group of families and individuals — with portfolios we believe have been engineered for the efficient frontier of their own lives.

Begin a Conversation Our Approach

Every dollar carries an expectation. Our goal is to meet it — with discipline, with evidence, and with an unwavering duty to you alone.

Our Philosophy

Built on the efficient frontier.

Our name is our method. Mean–Variance Optimization sits at the heart of modern portfolio theory: the disciplined pursuit of the greatest expected return for a given level of risk — no more risk than your goals require, and no less return than your circumstances allow.1

The efficient frontier is a concept from modern portfolio theory describing the set of portfolios that, in theory, offer the highest expected return for each level of risk — and the least risk for each level of expected return. Portfolios that fall below the curve are considered inefficient, because another mix would be expected to deliver more return for the same risk.1

Our goal is to bring that institutional rigor to a small number of substantial relationships, pairing it with deep fluency in options, volatility, and tax — the places where we believe outcomes are quietly won or lost.

Expected Return → RISK → The optimal portfolio
For every level of risk, a single most-efficient portfolio
Hypothetical illustration prepared by MVO Private Wealth, LLC to depict the efficient frontier concept described in Markowitz (1952).1 It is not based on, and does not represent, any actual portfolio, index, or investment, and does not reflect fees, expenses, or taxes. It is not a projection or indication of future results.
i.

Disciplined by design

Allocations grounded in evidence and portfolio theory — not forecasts, fashion, or emotion.

ii.

Tax-aware

After-tax outcomes drive decisions — asset location, gain management, tax-efficient structures, and the timing that may compound them.

iii.

Fluent in complexity

Decades inside options, volatility, and derivatives — applied to hedging risk and pursuing opportunity.

iv.

Aligned, and transparent

Fee-only, independent, and free of commissions or proprietary products. Any potential conflicts of interest are fully disclosed.

How We Serve

A comprehensive view of your wealth.

We coordinate the moving parts of a sophisticated financial life into a single, considered strategy — and we are the people who answer when it matters.

01

Investment Management

Bespoke, globally diversified portfolios — including access to institutional alternatives — constructed and managed on an ongoing basis against your objectives.

02

Tax-Aware Strategy

Asset location, gain and loss harvesting, charitable and gifting strategy, and multi-account coordination — engineered to help keep more of what your portfolio earns.

03

Derivatives & Risk Management

Options overlays, hedging of concentrated or low-basis positions, and volatility expertise drawn from a career on the institutional side of the market.

04

Wealth, Trust & Legacy Planning

Multigenerational planning, basis and legacy strategy, and seamless coordination with your attorneys and accountants — stewardship that looks beyond a single lifetime.

$3M
Typical Relationship Minimum
Fee-Only
Never Commissions
Fiduciary
100% of the Time
Independent
Qualified Custodian
The Firm may waive or reduce its minimum at its sole discretion.
David Sung, CFA, Founder of MVO Private Wealth
Leadership

David Sung, CFA

Managing Member · Portfolio Manager

David founded MVO Private Wealth to help bring institutional-grade portfolio engineering to a small number of families who expect more from an advisor than asset allocation. His career spans the institutional side of the market — beginning in equity research and portfolio management at Susquehanna International Group, through equity, options, and volatility trading for institutions and family offices, to leading portfolio construction and investment strategy for an institutional-scale RIA.

That background helps inform MVO's approach: rigorous, evidence-based portfolio construction in the spirit of the efficient frontier, sharpened by deep fluency in derivatives, risk, and the tax mechanics that ultimately helps determine what a family keeps. David holds a BA in Economics from Villanova University and an MBA with a concentration in Finance from the NYU Stern School of Business, as well as the CFA® charterholder designation. David built MVO as an independent, fee-only firm for one reason — so that our only obligation is to our clients.

CFA
Charterholder, 2004
Fee-Only
Fiduciary Standard
Independent
Founder & Owner
Why Independent

The independence to be entirely yours.

Our structure is the strategy. We believe the way MVO is built — fee-only, independent, and without proprietary products — reduces conflicts of interest, and we disclose those that remain.

  • —Fee-only. We are compensated by you, and only by you. We receive no commissions and no compensation for referrals.
  • —Fiduciary by duty. We are legally and ethically bound to act in your best interest, at all times.
  • —No proprietary products. We have nothing to sell you. We select what we believe is appropriate for your circumstances.
  • —Independent custody. Your assets are held at an independent qualified custodian, Charles Schwab & Co., Inc., which reports to you directly and never commingles them with the assets of the Firm.11  MVO Private Wealth, LLC is independently owned and operated and is not owned by, affiliated with, or supervised by Charles Schwab & Co., Inc. (“Schwab”), member SIPC. Schwab does not endorse or recommend MVO Private Wealth, LLC. MVO is deemed to have custody solely because our advisory fee may be deducted directly from your account. See Items 12 and 15 of our Form ADV Part 2A.
Perspectives

Clarity, on the questions that may matter.

Portfolio Strategy

The Efficient Frontier, in Plain Terms

Why the most important question in investing isn't "how much can I make?" — it's "how much risk must I take to get there?"

Read →
Tax

Where Returns May Be Quietly Won

The after-tax difference between two identical portfolios — and the decisions that create it.

Read →
Risk

Living With a Concentrated Position

Strategies for the family whose wealth — and risk — is bound up in a single holding.

Read →
Begin a Conversation

A relationship begins with a question.

We work with a limited number of clients, and every relationship begins the same way — a private conversation about what you are trying to accomplish.

By Telephone
610-757-1855
By Email
[email protected]
By Appointment
40 Lloyd Avenue, Suite 100 · Malvern, PA 19355
This is not an offer of advisory services. Please do not include account numbers, Social Security numbers, or other sensitive information in this form.