Concepts Financial Services, LLC

The firm provides portfolio management and comprehensive financial and business planning to individual clients and small businesses, covering retirement, succession, education, tax, legacy, and cash-flow matters. It delivers ongoing asset management through a sponsored wrap fee program while also offering financial planning and business-consulting services.

The firm generally manages client accounts on a non-discretionary basis, obtaining prior client approval before executing transactions and requiring clients to establish brokerage relationships with approved custodians under the wrap program. Investment decisions draw on a blend of fundamental, technical, charting and cyclical analysis and on external research sources such as conferences, calls and webinars, with strategies that may include both long- and short-term holdings.

Distinctive features include sponsoring a wrap fee program—an arrangement that is uncommon among similar independent advisers—and an affiliation between the firm’s managing member and an external tax-preparation practice that the brochure discloses as a potential conflict of interest clients may decline. The brochure also reports that the firm’s assets are almost entirely non-discretionary ($0 discretionary; $22,856,659 non-discretionary), and the combination of small scale with integrated tax and business-planning services differentiates its service mix from many peers.