Callaway Financial Services
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$22,590,319
This total excludes 5 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Total clients
227
2% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
227
Average account size
$99,517
About
Callaway Financial Services (CFS Advisors, LLC) provides discretionary and non‑discretionary portfolio management, financial planning, pension consulting, and solicitor services for third‑party managers to a mix of individuals, families, trusts and businesses. The firm’s brochure also notes services for banks, thrift institutions and retirement plans, including 401(k) and profit‑sharing arrangements.
The firm describes an active, momentum‑based investment approach that treats cash as a position and emphasizes a sell discipline, regular rebalancing and weekly account review with quarterly performance reporting. Analytical methods include charting, fundamental and technical analysis, and the firm offers both model managed portfolios and custom allocations, as well as the option to place assets with unaffiliated third‑party managers.
Compared with many peers, the ADV reports roughly $22.6 million in assets across about 230 accounts, an asset‑to‑client ratio that implies an unusually high client load per advisor for a firm of this type. The brochure also discloses past regulatory matters (including a 2011 FINRA fine and suspension and a settlement involving a bankruptcy trustee) and notes an affiliation with an insurance company (advisors are licensed agents and may receive commissions), as well as involvement in pension‑plan consulting and institutional client work.
Client services
Financial planning
Portfolio management
Pension consulting
Selection of other advisers
Expertise
Active portfolio management
Retirement income strategy
Fee options
Flat fee, negotiable based on expected difficulty and length of engagement
0.0625% quarterly (0.25% annually) to 0.75% quarterly (3.0% annually), negotiable based on assets and other factors
$175 per hour for specific investment advisory services, negotiable
Fee-only: Hourly fee of $175 per hour for specific investment advisory services on a per project basis, negotiable; Flat fees also offered, negotiable based on engagement
Main office location
Callaway Financial Services
301 S Center St, Suite 420
Arlington TX 76010, United States
Number of offices
1
Most active in
Callaway Financial Services has reported serving >5 clients in these states in the last 12 months.
Texas
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 active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
-
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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