Fidelis FS, LLC

Fidelis FS, LLC provides discretionary asset management and financial planning to individuals and business entities, charging fees commonly as a percentage of assets under management and offering fixed or hourly fees for planning work. As of the brochure date the firm reported approximately $2.81 million in assets under management across three client accounts, with all managed accounts operated on a discretionary basis.

The firm’s investment process uses fundamental analysis for financial-plan topics (including insurance policy review and income replacement) and technical analysis for mutual funds and individual stocks, drawing on sources such as Morningstar and Bloomberg. Portfolios may include long- and short-term holdings and may employ strategies such as option writing and margin trading, with client objectives and risk tolerances documented in investment policy statements prior to implementation.

A distinctive feature disclosed in the brochure is that the firm’s managing member maintains an affiliated insurance business and is a licensed insurance agent (Insurance License #916952), and may receive commissions from insurance products; the brochure notes this creates a potential conflict that is mitigated by disclosure and the firm’s fiduciary obligations. The firm is small and highly concentrated relative to many peers—few clients and modest AUM—and it does not vote client proxies, instead leaving proxy voting to clients while providing recommendations on request.