Salem Advisory Group LLC

Salem Advisory Group, LLC is a registered investment adviser managing roughly $76 million for about 288 clients, including individual and high-net-worth households, trusts, estates, charitable organizations, and employer-sponsored retirement plans. The firm offers discretionary investment management, complimentary financial planning, and pension consulting services, including Section 3(21) advisory work for 401(k) profit-sharing plans.

The firm tailors portfolios to each client's objectives, time horizon, and risk tolerance, using a combination of fundamental and technical analysis and employing long- and short-term strategies, dollar-cost averaging, and occasional use of leveraged ETFs. Most client accounts are managed on a discretionary basis, are reviewed at least quarterly, and clients receive periodic reporting and performance information.

Noteworthy features compared with peers include a quarterly client newsletter and the dual role of many advisory representatives as licensed insurance agents, who may offer annuities and Medicare-related products for commissions; these relationships and potential conflicts are disclosed and governed by the firm’s Code of Ethics. The firm’s Form ADV also discloses prior state consent orders addressing supervisory and privacy deficiencies that resulted in fines and remediation, matters that the firm reports in its regulatory filings.