Semaphore Investments

Semaphore Investments is a state-registered independent advisory firm that provides tailored financial planning to individuals, corporations, and profit-sharing plans. Services are generally provided on a non-discretionary basis when the firm is active, and clients are billed through hourly or fixed project fees rather than percentage-of-assets arrangements.

The firm describes a mosaic research approach that draws on company reports, SEC filings, and business media, and it employs a mix of exchange-listed and over-the-counter securities, mutual funds, commercial paper, certificates of deposit, and U.S. government securities. The adviser may hold overweight cash in periods of elevated equity valuations and uses average pricing on same-day trades when the adviser or personnel purchase the same securities as clients.

Distinctive features include multiple industry licenses and affiliated businesses that are uncommon for peers: the principal is a registered representative of a broker-dealer and holds real estate and insurance broker licenses, and the firm is affiliated with separate tax/accounting and insurance entities and other commercial ventures. These affiliations mean the firm can offer commissionable brokerage, insurance, and related services through affiliated entities, and the brochure discloses historical late ADV filings that were resolved without enforcement; clients retain the option to direct brokerage or use third-party firms to address potential conflicts.