Island Financial Advisors

Island Financial Advisors provides advisory services to individuals — including high‑net‑worth individuals — and trusts, offering ongoing portfolio management, referrals to third‑party investment advisers, and tax preparation support. The firm charges asset‑based (percentage‑of‑AUM) advisory fees and may request discretionary trading authority to implement client strategies.

The firm documents each client’s situation with a Risk Tolerance Questionnaire and an Investment Policy Statement and employs both fundamental and technical analysis across long‑term and short‑term trading approaches, generally using mutual funds, equities, fixed income securities and ETFs. Island Financial Advisors conducts due diligence on recommended third‑party managers, refers clients when appropriate, and reviews those managers’ ongoing performance as part of account monitoring.

Several features in the brochure distinguish the firm from many peers: it manages roughly $80.8 million in discretionary assets while servicing a high number of client accounts relative to its advisor count, and it discloses advisory personnel who are licensed to sell insurance products and provide tax preparation — activities the firm notes can create potential conflicts of interest. The firm also authorizes fee withdrawals directly from client custodial accounts and reports occasional third‑party support for client events, practices that are highlighted in its regulatory disclosure.