Shankland Financial Advisors, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$88,241,872
Clients
308
12% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
308
Very HighAverage account size
$286,500
About
The firm provides financial and retirement planning, consulting, and discretionary investment management to individuals and families, as well as their trusts, estates and retirement accounts, and to charitable organizations and business entities. It serves both high‑net‑worth and non‑HNW individual clients and manages portfolios composed of stocks, bonds, mutual funds, ETFs, fixed annuities and certificates of deposit.
The firm uses both fundamental and technical analysis and typically pursues a long‑term investment posture while retaining tactical flexibility (for example, using stop‑loss orders, short ETFs for hedging, or moving to cash) and periodically rebalances client accounts under discretionary authority. It also provides oversight of held‑away retirement plan assets through an Order Management System for accounts of $100,000 or more and will recommend third‑party managers and allocation models when appropriate.
Notably, the practice manages roughly $97.7 million in discretionary assets while serving a relatively large client base for a single‑advisor model (over 300 clients), and it leverages educational opportunities made available through its custodian to support clients. The firm’s principal is also a licensed insurance agent who conducts insurance business through a separate entity (a disclosed potential conflict), the firm discloses it does not vote client proxies, and it imposes no account minimums.
Client services
Portfolio management
Educational seminars or workshops
Expertise
Retirement income strategy
Annuities
Income planning
Fee options
$0 - $250,000: 2.00% $250,001 - $500,000: 1.90% $500,001 - $1,000,000: 1.75% $1,000,001+: 1.50% $0 - $750,000: 0.50% $750,001+: 0.35%
Commissions received by Ms. Shankland as a licensed insurance agent for insurance product sales, separate from advisory fees.
Performance-based fees may be charged by recommended third-party investment managers like Dunham and Associates for qualified clients.
Most active in
Shankland Financial Advisors, LLC has reported serving >5 clients in these states in the last 12 months.
California · Florida · Illinois · Indiana · Louisiana · Missouri · North Carolina · South Carolina · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")