Chaney Financial Services, Inc.

Chaney Financial Services provides fee-only investment advisory and financial planning services to individuals (including high-net-worth clients), trusts, families and closely held businesses, offering asset management, investment consulting, comprehensive financial planning and educational seminars or workshops. The firm operates as a fiduciary and does not accept commissions or other external compensation, receiving advisory fees only from clients.

The firm’s investment process is grounded in modern portfolio theory and emphasizes diversified allocations implemented primarily through low-cost mutual funds and index-tracking ETFs; CFS documents client objectives in written investment policy statements and develops asset allocation models and specific recommendations. CFS reports that virtually all assets under management are handled on a non-discretionary basis, with the adviser making recommendations and supporting implementation and ongoing monitoring while clients retain final trading decisions.

Noteworthy differences versus many peers include the predominantly non-discretionary advisory model (statistically uncommon for independent firms) and the regular offering of seminars and workshops on topics such as financial literacy, entrepreneurship and small business. The firm also combines ongoing planning and discrete consulting engagements, requires custodied accounts for its investment supervisory services to facilitate reporting and fee billing, and discloses that it will not accept performance-based fees or vote proxies on behalf of clients.