ASI Wealth Advisors LLC

ASI Wealth Advisors LLC provides portfolio management and financial planning services to individual and high-net-worth clients, offering ongoing investment supervisory services and written investment policy statements alongside hourly financial planning. The firm manages client portfolios using mutual funds, equities, bonds, fixed income and ETFs, and may refer clients to third-party advisers when appropriate.

ASI describes a multi-method investment approach that combines charting, fundamental, technical and cyclical analysis and employs both long- and short-term trading while documenting client risk profiles in an Investment Policy Statement. The firm reports both discretionary and non-discretionary assets on its Form ADV (for example, $13,844,000 discretionary and $6,726,000 non-discretionary as of 12/31/2017) and conducts at least quarterly reviews of accounts.

Compared with many peers, ASI discloses business relationships and potential conflicts that are less common: a principal is a licensed insurance agent who may offer commissionable insurance products, the firm may direct clients to a specific co-adviser (Andbanc) and receive a negotiated fee share, and it maintains a notable portion of assets managed on a non-discretionary basis. The brochure also discloses a 2014 regulatory consent related to alleged unregistered broker-dealer activity involving a firm principal.