Broadstreet Financial Advisers LLC

BroadStreet Financial Advisers provides discretionary portfolio management and separate financial consulting primarily to individual clients, including high-net-worth households, and reports managing roughly $97.5 million across a small number of client relationships. The firm positions its work around an Investment Policy Statement and uses custodial services to execute and settle client trades.

Investment decisions are driven by a blend of fundamental, quantitative, technical and cyclical analysis and implemented using equities, ETFs, fixed income and occasional mutual funds, with strategies that include value investing, modern portfolio theory, tactical allocation and dollar-cost averaging. Portfolios are typically managed on a discretionary basis, and the firm also offers hourly financial consulting on topics such as cash flow, tax planning, risk management and succession planning.

Distinctive features noted in the firm’s disclosure include a relatively concentrated asset base across few clients and an ongoing custodial relationship with a major broker-dealer that provides certain products and services to the firm, which the brochure identifies as an indirect economic benefit. The firm’s filings also disclose two state consent orders in the past decade for failures to file required reports and amend disclosures; those matters were settled with administrative fines that have been paid and the firm reports it is operating in good standing.