Advanced Portfolio Services LLC

Advanced Portfolio Services LLC is a state‑registered investment adviser applying for registration in New York that offers discretionary portfolio management and separate consultation services. The brochure states the firm will work with a broad set of clients — including individuals, high‑net‑worth clients, family offices, trusts, estates, corporations and other entities — and currently manages roughly $2.38 million comprised primarily of the principal’s personal and immediate family assets on a friends‑and‑family basis.

The adviser combines technical and qualitative analysis with a pronounced emphasis on global macro factors informed by a bond‑market trading background, and portfolios commonly include broad index exposure while allowing for selective hedging, concentrated positions, and the use of options or margin for clients who meet suitability criteria. Investment decisions are made on a discretionary basis, the firm monitors accounts multiple times per week, and it recommends a qualified custodian (noting Fidelity) to provide account statements and execution services.

Noteworthy features include a fee‑only model that separately offers consultation services billed on an hourly basis and an explicit avoidance of performance‑based compensation; the principal also operates a personal trading vehicle that may trade alongside or opposite client positions but is intended to be allocated on a pari‑passu basis. The firm does not provide its own account statements to clients and relies on custodial records for account reporting, and it limits non‑discretionary recommendations to highly liquid, widely held securities.