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Bishop Financial Services LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$4,665,053
Total clients
12
0% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
12
Average account size
$388,754
About
Bishop Financial Services LLC is a small, independent advisory firm that provides discretionary portfolio management and related services to individuals, high‑net‑worth clients, charitable organizations, and business entities. The firm manages a concentrated book of accounts and prepares individualized Investment Policy Statements to guide asset allocation, security selection, and ongoing monitoring.
The firm employs both fundamental and quantitative analysis and implements strategies that can include short‑term trading, margin use, and short sales, focusing primarily on equities, exchange‑traded funds (including precious‑metal ETFs) and certain non‑U.S. securities. Bishop Financial requires discretionary trading authority, directs clients to a single custodian, and provides monthly account reviews and periodic written reporting.
Notable differences from many peers include its offering of a named “High Performance Fund” that uses a performance‑based fee structure with a high‑water mark and the brochure’s presentation of performance results and hypothetical performance information—features that are uncommon among independent solo advisers. The firm also does not aggregate trades for multiple clients and requires clients to use a specified broker‑dealer, practices that can affect execution and trading liquidity relative to other similar advisers.
Client services
Portfolio management
Expertise
Active portfolio management
Fee options
$0+: 1.00% annually (No Margin Fund) $0+: 2.00% annually (High Performance Fund)
20.00% performance fee on capital appreciation for qualified clients
Main office location
Bishop Financial Services LLC
2951 Gypsum Circle
Naperville IL 60564, United States
Number of offices
1
Most active in
Bishop Financial Services LLC has reported serving >5 clients in these states in the last 12 months.
Illinois
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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