Bill Messner Contrarian Investment Advisory, LLC

Bill Messner Contrarian Investment Advisory, LLC provides personalized financial planning and investment management to individuals, high-net-worth clients, trusts, estates, and state or municipal entities, and also accepts pension and profit-sharing plan clients. Advisory services routinely cover goal setting, cash flow and tax planning, insurance review, retirement and estate planning, education funding, and implementation of investment recommendations.

The firm follows a strategic asset-allocation, core-and-satellite approach, using passively managed index funds and ETFs as the core and selectively adding active funds or strategies as satellites, documented in a written investment policy statement and often implemented on a discretionary basis. Portfolios may include a broad range of instruments — including leveraged and inverse ETFs, options, margin, and other complex products that require active monitoring — and the firm offers discretionary management options for employer retirement plans with separate log‑ins when available.

Compared with many independent advisors, the firm’s brochure discloses several uncommon features: it provides portfolio management to institutional clients and offers pension consulting and employer retirement-plan management, and it reports state or municipal clients. The brochure also contains a disciplinary disclosure: a December 7, 2018 consent agreement with the Pennsylvania Department of Banking and Securities concerning a failure to file a GAAP balance sheet, resulting in a $10,000 administrative assessment, which the firm discloses to prospective clients.