First Choice Financial Services LLC logo

First Choice Financial Services LLC

Updated today

Client assets under management

$0

Clients

269

0% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

67

High

Average account size

$0

About

First Choice Financial Services LLC works with individual and high‑net‑worth clients to coordinate investment services and provide estate‑planning support. The firm does not manage client assets directly but documents client goals and may help clients complete paperwork and review reports from outside managers.

Rather than providing in‑house portfolio management, First Choice refers clients to third‑party money managers, acting as a liaison and receiving a portion of the third‑party advisory fees while delivering required disclosures and reviewing quarterly statements. The firm’s direct advisory work is limited to non‑discretionary services and flat‑fee estate‑planning support rather than a percentage‑of‑assets fee model.

Compared with many similarly sized team firms, First Choice is notable for not accepting discretionary trading authority, not custodializing client assets, and not using AUM fee billing in its own advisory role. The firm’s owners also operate affiliated insurance agencies and generate a majority of revenue from insurance commissions, a practice disclosed as a potential conflict of interest.

Client services

Selection of other advisers Estate planning support services

Expertise

General estate planning guidance

Fee options

Fixed

Negotiable flat fee with a maximum of $1000 for estate planning support services

Percentage

$0+: 1.80% (Strategic Portfolios - GI portion) $0+: 0.80% (Strategic Portfolios - FCF portion) $0+: 1.70% (Tactical Portfolios - GI portion) $0+: 0.70% (Tactical Portfolios - FCF portion) $0+: 1.60% (Allocation & Defined Outcome Portfolios - GI portion) $0+: 0.60% (Allocation & Defined Outcome Portfolios - FCF portion) $0+: 1.00% (Preservation Portfolios - GI portion) $0+: 0.40% (Preservation Portfolios - FCF portion) $0+: 1.50% (Private Wealth Portfolios - GI portion) $0+: 0.50% (Private Wealth Portfolios - FCF portion)

Other

Fee-only: Negotiable flat fee up to $1000 for estate planning support services

Main office location

First Choice Financial Services LLC

1301 West 22 Nd Street, Suite 805

Oak Brook IL 60523, United States

Number of offices

1

Most active in

Florida · Illinois · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Justin M

Series 65

Oak Brook, IL

First Choice Financial Services LLC

Justin Mccormack is a financial advisor with First Choice Financial Services LLC in Oak Brook, IL, holding a Series 65 designation and 12 years of industry experience. He has been with First Choice Financial Services since 2013 and has been involved with First Choice Insurance Agency, Inc. since 2005, where he also serves in an executive assistant role. First Choice Financial Services LLC works with individual clients, providing access to investment management through third-party money managers while offering estate-planning support and insurance products. The firm does not manage assets directly but acts as a liaison to third-party managers and generates revenue primarily through insurance commissions and referral fees.

General estate planning guidance
user avatar

Kevin S

Series 65

Oak Brook, IL

First Choice Financial Services LLC

Kevin Susmarski is a financial advisor at First Choice Financial Services LLC with one year of industry experience. He holds a Series 65 designation and has worked at First Choice Financial Services since 2025. In addition to his financial advisory role, he has served with the Village of Hinsdale Police Department since 2001, currently as a sergeant and patrol division supervisor. First Choice Financial Services LLC works with individual clients to provide access to investment management through third-party money managers and offers estate-planning support and insurance products. The firm does not manage client assets directly but acts as a liaison to third-party managers, focusing its business model on referrals and insurance sales rather than traditional asset-based advisory fees.

General estate planning guidance
user avatar

Michael P

Series 65

Oak Brook, IL

First Choice Financial Services LLC

Michael Perna is a Series 65-licensed financial advisor with 18 years of industry experience. He has been with First Choice Financial Services LLC since 2007 and also serves as president of Michael Perna and Associates Inc. and First Choice Insurance Agency, where he is involved in insurance services. First Choice Financial Services LLC works with individual clients by arranging access to third-party money managers and providing estate-planning support and insurance products, operating primarily through referrals and insurance sales rather than direct portfolio management or asset custody.

General estate planning guidance
user avatar

Brian B

Series 65

Oak Brook, IL

First Choice Financial Services LLC

Brian Bullington is a financial advisor with First Choice Financial Services LLC in Oak Brook, IL. He holds a Series 65 credential and has one year of industry experience. Prior to his advisory career, he was a professional athlete for nine years. First Choice Financial Services LLC works with individual clients to provide access to investment management through third-party money managers and offers estate-planning support and insurance products. The firm does not manage client assets directly but acts as a liaison to third-party managers and generates a significant portion of its revenue through insurance commissions.

General estate planning guidance
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")