Financial Institution Services, LLC

Financial Institution Services, LLC provides discretionary portfolio management and related investment advice to individuals (including high-net-worth clients), trusts, estates, charitable organizations, and business entities. The firm also provides rollover recommendations for retirement accounts and manages approximately $259 million in discretionary client assets across roughly 332 client accounts.

The firm develops asset allocation strategies tailored to clients’ objectives, risk tolerance, tax status, and time horizon and invests across mutual funds, ETFs, individual equities, bonds, warrants and other securities. It generally manages client accounts on a discretionary basis, conducts periodic (at least quarterly) account reviews, and will offer non-discretionary management for certain qualified plan assets.

Several features in the brochure are notable for a small advisory team: the firm reports substantial AUM with only two advisors and operates multiple offices, and it discloses that some advisory personnel were formerly insurance agents who may still receive trail commissions from prior insurance sales. The firm also requires use of its recommended custodian to participate in its advisory services and explicitly acknowledges conflicts of interest related to rollovers and third‑party non‑cash benefits, while stating policies intended to address those conflicts.