Timothy Charles Financial, LLC

Timothy Charles Financial, LLC provides discretionary investment management and standalone financial planning to individuals, high net worth individuals, trusts and estates, managing approximately $98.5 million in client assets across about 177 client relationships. Services described in the brochure include portfolio construction, ongoing monitoring, retirement-account advice, and written financial plans offered on an hourly or fixed-fee basis in addition to the firm’s AUM-based advisory billing.

The firm’s investment process is primarily long-term and fundamental in orientation, implementing strategic asset allocation with low-cost, diversified ETFs and mutual funds (including iShares, Vanguard, and Schwab funds) and expressly avoiding double- or triple-leveraged ETFs. Portfolios are managed on a discretionary basis with periodic rebalancing, and the advisor may retain legacy positions or use cash allocations for tax or hedging reasons as agreed with clients.

Distinctive features disclosed in the brochure include operating with a single principal while overseeing roughly $98.5 million in assets, and the principal’s concurrent activity as a licensed, independent insurance professional who spends about 20 hours per month selling insurance products for commission — a practice the firm identifies as a potential conflict of interest. The firm also participates in Schwab Advisor Services and receives software and other economic benefits from Schwab, which is disclosed as a factor that could influence its custodial recommendation.