Fencl Advisory Services, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$74,000,000
Total clients
170
34% high-net worth
Total advisors
3
of 3 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
57
Average account size
$435,294
About
Fencl Advisory Services is a state‑registered investment adviser serving individuals (including high‑net‑worth clients), trusts, retirement plans, corporations and other professional clients. The three‑advisor firm provides discretionary portfolio management and financial planning, creating individualized investment policies and ongoing advice based on each client’s goals and risk tolerance.
The firm’s investment approach is planning‑driven and oriented toward long‑term, buy‑and‑hold strategies, with emphasis on client education and regular reviews as part of its process. Portfolios are typically constructed from a mix of equities, bonds, insured and fixed accounts, and may include mutual funds, annuities, REITs and publicly traded partnerships when appropriate.
Fencl maintains operational ties to a broker‑dealer and its advisors also act as registered representatives and insurance agents, so advisory services are delivered on a fee basis while related broker‑dealer and insurance affiliations can result in non‑advisory compensation if clients use those products. The firm manages a relatively sizable asset base for a three‑advisor practice and emphasizes customized portfolios rather than relying solely on packaged fund solutions, which may be noteworthy for clients seeking integrated investment and insurance options.
Client services
Fee options
Financial planning fees determined based on services provided and complexity; disclosed in advance; charged upon funding of client portfolio
Account minimum: $400,000 Minimum fee: $4,000 minimum annual fee for all households Fee-only: FAS is a Fee Only advisor; does not charge or accept commissions on advisory accounts
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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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.
Main office location
Fencl Advisory Services, LLC
422 Main Street
Cedar Falls IA 50613, United States
Number of offices
2
Forms ADV
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