Shine Financial Services, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$20,637,000
Clients
6
17% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
6
LowAverage account size
$3,439,500
About
Shine Financial Services provides personalized portfolio management, selection of other advisers, sub‑advisory services, and general investment consulting to individuals, retirement plans, trusts, estates, charitable organizations, corporations and pooled vehicles. The firm also sponsors and solicits investors to a private pooled investment vehicle (Diversified Growth Fund, LLC) that is offered to sophisticated, qualified investors.
Advisory relationships can be discretionary or non‑discretionary and are tailored to clients’ stated objectives and risk tolerances, using a mix of fundamental and technical analysis, long‑ and short‑term trading, options and short sales where appropriate. The firm integrates manager selection and sub‑advisory arrangements into some client solutions and, for qualified clients, may enter into performance‑based fee arrangements as part of its compensation options.
What is noteworthy about this firm compared with many peers is its role as managing member and investment adviser to a private fund and its provision of portfolio management for pooled vehicles, together with the use of performance‑based fees — activities that are uncommon among similarly classified independent advisers and which the firm discloses and manages through written policies and periodic senior reviews. The fund follows a rules‑based strategy that shorts ETFs to fund equity allocations to top‑ranked U.S. large‑cap growth stocks and generally maintains near‑full net long exposure (with the ability to hold cash or treasuries in volatile markets), which is a distinct investment approach relative to typical retail advisory practices.
Client services
Portfolio management
Selection of other advisers
Consulting services
Expertise
Active portfolio management
Options & derivatives strategies
Private / alternative investments
Fee options
Flat fee for portfolio management plus ongoing consulting services at 1.00% annually with no asset limit
$0 - $10,000,000: 1.00% annually $10,000,001 - $25,000,000: 0.75% annually $25,000,001+: 0.50% annually
$350 per hour for consulting services
Performance fee up to 25% of outperformance over benchmark plus fixed fee not exceeding 0.50% annually for qualified clients (minimum $1,100,000 assets under management or net worth over $2,200,000)
Account minimum: $500,000
Main office location
Shine Financial Services, LLC
Bridgewater CT, United States
Number of offices
1
Most active in
Shine Financial Services, LLC has reported serving >5 clients in these states in the last 12 months.
Connecticut
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
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