Fleschner Investments

Fleschner Investments is an independent registered investment adviser that provides discretionary portfolio management to a small number of individual, corporate, and small‑business clients; the firm reports approximately $4.9 million in assets under management across six client accounts. The firm charges asset‑based advisory fees and does not participate in wrap‑fee programs.

Portfolios are tailored to each client's objectives, time horizon, and risk tolerance and the firm operates under written discretionary authority; disclosed methods include fundamental analysis and a mix of long‑ and short‑term purchases, and the adviser may, in limited circumstances, employ margin, option strategies, and short sales. Advisory fees are charged as a percentage of assets and are billed monthly or quarterly in arrears (a recent amendment from prior billing in advance), and the firm may aggregate related household accounts to determine fee breakpoints.

The firm is a solo, sole‑proprietor practice formed after the principal's earlier retirement, and its concentrated scale — one advisor with no staff serving six clients — is a distinguishing feature relative to many peers. The brochure also notes that the adviser does not vote client proxies, recommends a specific institutional custodian platform, and discloses no outside financial industry affiliations, soft‑dollar arrangements, or disciplinary history.