Level Four Advisory Services

Level Four Advisory Services (LFAS) is an SEC-registered enterprise investment adviser managing roughly $5.32 billion through 115 advisors across about 13,865 client relationships. The firm serves a broad client base — including individual (non‑HNW and high‑net‑worth) investors, retirement plan sponsors and participants, corporations, charitable organizations, and state or municipal clients — and provides fee‑only financial planning, ongoing asset management (discretionary and non‑discretionary), third‑party manager referrals, and retirement plan advisory services.

LFAS emphasizes tailoring services to individual client needs while using model portfolios created by an internal Investment Committee or appointed sub‑advisers; accounts may be managed directly, via affiliate sub‑adviser Level Four Capital Management (LFCM), or through unaffiliated third‑party managers. The firm sponsors multiple wrap programs (Managed Assets, Participant Asset Management and the ICA Platform), uses SS&C Black Diamond for reporting and administration, and discloses access to alternative investments via Raymond James/CAIS, donor‑advised fund management, and Solo 401(k) custody through Betterment (with investment limits and platform qualification requirements described in its disclosure).

Compared with many enterprise peers, LFAS discloses an uncommon level of vertical integration and affiliated financial capabilities — including an affiliated national trust bank (Preferred Legacy National Trust Bank) and related financial‑services ownership under Level Four Group and Carr, Riggs & Ingram — that support custody, trust, and related referrals. The brochure also details centralized clearing and platform relationships (including Raymond James, Schwab and Fidelity), affiliated sub‑advisory arrangements, and associated revenue‑sharing and referral practices that the firm discloses and says it manages through policies and client disclosures.