Telos Solutions

Telos Solutions provides portfolio management and financial planning to a small client base that includes individual investors, high-net-worth clients, pension and profit-sharing plans, charitable organizations, and businesses. The firm offers ongoing investment advice across a broad set of securities and insurance products and generally charges percentage-of-assets fees consistent with typical independent advisers.

The firm’s investment process combines fundamental, technical and cyclical analysis, asset allocation, and both long- and short-term trading techniques, and it may use options as part of portfolio strategies. Accounts are handled primarily on a non-discretionary basis—the brochure reports approximately $33.0 million in non-discretionary assets—and client accounts are reviewed at least quarterly with clients retaining authority to direct transactions.

What is distinctive about Telos Solutions is that a principal also operates an accounting consulting practice and is licensed as a Certified Public Accountant, an affiliation the firm discloses as creating potential conflicts and for which it describes mitigation procedures. The brochure also highlights several atypical features for a solo independent adviser: an explicit policy not to accept discretionary accounts, the inclusion of less-common investments such as non‑traded REITs and partnership interests (including oil and gas), and an acknowledgement of ERISA fiduciary duties for retirement-plan clients.