F.I.G. Financial Advisory Services, Inc.

F.I.G. Financial provides fee-based asset management and complimentary financial planning primarily to individual and high-net-worth clients, as well as trusts, estates and business entities. The firm offers ongoing discretionary portfolio management and retirement-plan rollover advice alongside tools for client planning and account aggregation.

The firm emphasizes a valuation-based approach to individual equity selection combined with tactical and strategic asset allocation using mutual funds, ETFs and listed securities, and portfolios are adjusted to accommodate special situations such as low-basis stock or legacy holdings. Accounts are managed on a discretionary basis with regular quarterly reviews and reporting, and the firm reports approximately $162.4 million in discretionary assets under management across its client base.

Distinctive disclosures include that some investment adviser representatives also act as licensed insurance agents and may receive commissions for insurance and annuity sales, a practice that the brochure identifies as a potential conflict of interest. The firm also notes that an associated person owns and manages a registered investment adviser that offers the Even Herd Long Short Fund—an ETF the firm may use in client portfolios subject to internal limits—and it disclosed a recent change in ownership and compliance oversight.