Classic Financial

Classic Financial & Insurance Services provides investment advisory and retirement-plan services primarily to individual and high‑net‑worth clients, and also advises qualified retirement plans under limited ERISA 3(21) arrangements. The firm offers ongoing portfolio management, access to SEI mutual fund model programs, use of third‑party managers and sub‑advisors, and periodic financial reviews for client accounts.

The firm uses a combination of fundamental and technical analysis with a long‑term orientation and may employ covered option strategies as part of its pursuit of income and growth. It maintains both discretionary and non‑discretionary account relationships, and—unlike most peers—more of the firm’s assets are managed on a non‑discretionary basis (approximately $79.9 million non‑discretionary versus $71.7 million discretionary as reported).

Several operational features distinguish the firm from many supported advisors: the principal also maintains an insurance license and devotes roughly 10% of professional time to selling insurance products, and the firm discloses receipt of solicitor arrangements for certain third‑party manager programs (e.g., TEAMS) and participation in SEI’s Mutual Fund Models. These arrangements, together with the mix of sub‑advisors, TPM relationships, and ERISA 3(21) services, create potential conflicts that the firm discloses and manages through its policies and disclosures.