Spurr Financial Investment Services, LLC

Spurr Financial Investment Services, LLC provides discretionary investment management and wealth management to individuals, high net worth clients, trusts and estates, managing roughly $18.3 million across a small roster of clients. Financial planning is offered as part of wealth management engagements; the firm recently stopped offering standalone financial planning services as a separate fee arrangement.

The firm’s investment approach is primarily long-term focused and typically uses low-cost, diversified mutual funds and ETFs while also employing individual stocks, bonds and legacy holdings when appropriate for tax or client-specific reasons. Portfolio construction relies on internal model portfolios and a mix of fundamental and technical analysis, with client allocations customized for tax status, time horizon, stated restrictions and risk tolerance.

Notable operational details include a tendency to select mutual fund share classes dictated by custodial or fund constraints, which can result in higher internal expense ratios than institutional classes, and an institutional relationship with a major custodian that provides technology and other economic benefits to the advisor. The firm’s principal is also a licensed insurance professional who may earn commissions for insurance products (a disclosed conflict of interest), and advisory fees are billed and deducted from client custody accounts on a quarterly, advance basis.