Kompass Financial Advisors, Inc.

Kompass Financial Advisors is a small, independent, single‑advisor investment advisory firm that provides discretionary asset management and financial planning to individuals, trusts, estates, charitable organizations, corporations and qualified retirement plans. Services include managed account solutions built on third‑party model mutual fund programs, referrals to third‑party money managers, and discretionary management of fee‑based fixed index annuities; the firm generally charges asset‑based advisory fees.

The firm typically implements client programs by recommending model portfolios or third‑party managers and then monitoring those managers, acting as a liaison to facilitate paperwork, reporting and ongoing service coordination; Kompass discloses that it receives referral and ongoing service fees from some third‑party managers. For retirement plans the firm may serve as a limited‑scope ERISA 3(21) fiduciary, providing investment advice, plan education and consulting while excluding certain illiquid or employer securities from its ERISA scope.

Notable distinctions from many peers are the firm’s dual role as a licensed insurance agency whose representatives sell insurance and annuity products (with commission compensation disclosed as a potential conflict) and a disclosed regulatory consent order that resulted from a past failure to register in a state, a matter the brochure reports has been resolved and registrations updated. The firm’s small, owner‑run structure is paired with multiple referral relationships and incentive arrangements with third‑party managers, which the firm identifies and says it mitigates through disclosure and fiduciary procedures.