Bates Financial Group, LLC.

Bates Financial Group provides financial planning, consulting, and educational seminars to a mix of clients that the brochure lists as individuals (including high‑net‑worth), trusts, estates, endowments, foundations, business entities and qualified plans. In addition to fee‑based planning and consulting, the firm’s registered representatives can transact brokerage and insurance business and assist clients with mortgages and other financial products.

The firm’s investment work typically relies on third‑party investment advisers and money managers for research, asset allocation guidance and securities recommendations, and it may recommend mutual funds, ETFs, variable annuity sub‑accounts, individual equities and fixed‑income securities. Bates describes both strategic (traditional) and tactical asset allocation approaches and may suggest focused or completion strategies, while monitoring accounts and providing at least annual reviews rather than exercising discretionary trading authority or holding client custody.

What is noteworthy about Bates is the combination of advisory services with broker‑dealer and insurance‑sales activity: the brochure describes registered representatives who may offer no‑charge individual consultations after seminars (seminar registration fees are cited as typically $10–$199) and whose product sales can generate commissions that the firm discloses. The firm also documents potential conflicts and referral arrangements in its disclosures, emphasizes reliance on third‑party managers rather than in‑house discretionary management, and states it does not vote client proxies.