Clifton Myers Financial Advisory

Clifton Myers Financial Advisory is a single-advisor independent investment adviser that provides discretionary portfolio management and investment advisory services to individual clients. The firm manages a small number of client accounts and implements investment programs on behalf of individuals using exchange-traded funds and other securities.

The adviser relies on economic models with occasional technical analysis to determine asset placement and timing, primarily using ETFs but retaining the ability to use a broad set of instruments including individual equities, options, short sales, margin and, in rare cases, futures. Positions may range from very short-term to multi-year, and the firm may use stop losses or concentrated positions that can result in limited diversification in some accounts.

The firm also sells life insurance, fixed annuities and health insurance and offers tax planning and preparation services through its principal — a combination of insurance brokerage and accounting-related activity that is uncommon among independent advisers. Clients should note that the adviser may trade many of the same securities he recommends and operates through a discount brokerage/clearing arrangement, practices that are relevant to potential conflicts of interest and operational oversight.