Financial Solution Advisors Corp.

Financial Solution Advisors Corp. is a small, independent advisory firm that primarily serves individual clients and also advises pension and profit-sharing plans, trusts, estates, charitable organizations and small businesses. It offers comprehensive financial planning and portfolio management — including retirement, tax and estate planning — and, in addition to percentage-of-AUM and hourly engagements, sells insurance and annuity products that can generate commissions.

The firm’s investment approach emphasizes strategic asset allocation with a core-and-satellite framework, using passively managed index funds and ETFs as the core and selectively adding active managers; portfolios are globally diversified and investment policy statements are used to document client objectives. Accounts are typically managed on a discretionary basis, reviewed at least quarterly, and clients may also engage for standalone financial plans, retainers, tax preparation, or hourly planning work.

What distinguishes this firm from many peers is its combination of fee-based advisory services with material affiliations in other financial professions: the firm’s principal is the 100% owner of an affiliated certified public accounting practice that shares office space and may provide tax planning and return preparation to clients. The brochure also discloses that the firm can receive commissions and other economic benefits from third parties and maintains clearing/custody arrangements (including with Charles Schwab) through which it may receive third-party research, all of which are disclosed as potential conflicts.