PKS Advisory Services, LLC

PKS Advisory Services provides financial planning, consulting, and both discretionary and non-discretionary investment management primarily to individual clients, including high-net-worth households, as well as trusts, pension plans, and other entities. The firm reports approximately $1.093 billion in assets under management and works with several thousand client accounts through its team of investment adviser representatives.

PKSA tailors portfolios using a mix of no-load mutual funds, ETFs, individual debt and equity securities, and allocations to Independent Managers, applying a combination of fundamental and technical analysis and conducting at least quarterly account reviews. Financial planning services cover retirement, estate, tax and cash-flow matters, and the firm may be authorized to trade on clients’ behalf and to debit client accounts for advisory fees subject to custodian reporting.

PKSA discloses a network of affiliated businesses — including two affiliated broker-dealers (PKS and Cabot Lodge Securities), affiliated insurance agencies (PKSFS and Wentworth Financial Partners), and other related entities — and states it recommends outside professionals (such as attorneys and accountants) while also offering affiliated products or referrals; the firm’s connected broker-dealer and insurance relationships and the use of affiliated products are areas it identifies as potential conflicts and says it manages through policies and disclosures. The combination of those multiple financial- and product-related affiliations, and the firm’s practice of permitting supervised persons to sell insurance or brokered products in their individual capacities, is more complex than is typical for many multi-team advisers.