Stites Financial Consulting

Stites Financial Consulting provides discretionary asset management and ongoing portfolio management primarily to individual and high-net-worth clients, and also serves some corporate clients. The firm charges percentage-of-assets-under-management fees and manages approximately $132 million in discretionary assets through a two-adviser team.

The firm’s investment process draws on a range of analysis techniques — including fundamental, technical, quantitative methods, and modern portfolio theory — and implements both long- and short-term strategies tailored to documented client goals and risk tolerances. Account-level discretion is exercised under written investment advisory agreements, clients may impose investment restrictions, and accounts are custodied through an institutional provider with periodic reviews.

Compared with many peers, Stites discloses multiple affiliated business activities: principals are licensed insurance agents who receive commission-based compensation (reported as roughly 1–5% of their external remuneration), and one principal operates a tax preparation and planning business that provides accounting-related services. The brochure notes these relationships, describes the resulting conflicts of interest, and documents disclosure and procedural steps the firm uses to mitigate those conflicts while leaving clients free to obtain insurance or tax services elsewhere.