1st Securities Management, Inc

1st Securities Management provides investment advisory services to individual and high‑net‑worth clients by selecting and implementing third‑party money managers rather than directly holding client assets. The firm typically places clients into fund‑of‑fund or model portfolios (including Matson Money offerings) and coordinates allocation and implementation on a discretionary or non‑discretionary basis.

The firm’s investment approach emphasizes long‑term purchase strategies and passive, asset‑class oriented mutual funds (notably Dimensional Fund Advisors), while also employing fundamental and technical analysis and conducting due diligence on recommended third‑party managers. Portfolios may rarely include individual equities, and model portfolios are used when they align with a client’s investment policy statement.

Noteworthy differences from many peers include the firm’s disclosure and use of predecessor and hypothetical performance, published performance results, and client testimonials in its advertising materials — practices that are uncommon among independent advisers. The firm also has an affiliation with an accounting practice and reports no assets under direct management, operating primarily as a selector/referrer to third‑party managers and receiving fee‑sharing compensation for those referrals.