Pilot Investment Services, LLC

Pilot Investment Services is a single‑advisor registered investment adviser that provides discretionary portfolio management and limited financial planning to individuals, high‑net‑worth clients, trusts and estates. As of December 31, 2024 the firm reported managing approximately $1.5 million across nine client accounts and implements advisory services on an asset‑based fee basis.

The firm develops individualized Investment Plans and implements them primarily through ETFs, common stocks, individual bonds and options, and it may use margin and aggregated block trading where appropriate. Pilot directs clients toward an institutional custody relationship and trading platform and reviews managed accounts at least quarterly while providing periodic written reports.

Distinctive elements for a firm of this size include a reported client mix that extends beyond typical retail clientele to include pension/profit‑sharing plans, charitable organizations, corporate and other institutional clients (including banking, insurance, municipal and a sovereign wealth entity), which is uncommon for solo independent advisers. The brochure also discloses a prior regulatory matter arising from alleged unsuitable recommendations and unauthorized options trading in 2008 that resulted in a FINRA settlement and a subsequent client settlement, and notes that the firm’s principal maintains outside employment as a Revenue Agent with the Department of the Treasury.