AC
Firm Information
Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
25 advisors
Number of Clients
1,561 clients
Average Client Portfolio
$254K average
Assets Under Management
$396.2M
Fee Structure
Minimum Investment:$5K
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1M+ | 1.00% |
Fees are generally negotiable.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Financial Plan Fee:Up to $10,000
Hourly Rate:$100 - $250/hr
Portfolio management fees are negotiable and depend on the subadvisor selected. Fees are paid quarterly in advance or monthly/quarterly in arrears. Financial planning fees are up to $10,000 as a fixed fee or up to $250/hour for advisor time and $100/hour for administrative time. There is a $5,000 account minimum, which may be waived.
Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEducation PlanningFinancial Planning & CoachingInsurance PlanningHigh Net Worth
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Advisor Information
Office location
50 W Big Beaver Rd Suite 500, Troy, MI, 48084
Get directionsRegulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
January 2007Settled
Customer Dispute
November 2006Settled
Other Business ActivitiesSells Insurance
Albert is an insurance agent selling life insurance, fixed/indexed annuities, and health insurance, dedicating about a quarter of his time to Financial Services of America and minimal time to FSA Health. He also works as an Investment Adviser Representative for FSA Advisors and owns rental properties through Carlson Holdings.
Employment History
Current Registrations
Financial Services of America Advisors
October 2017 - Present · 8 yrs 3 mos
Previous Registrations
Ae Financial Services, LLCBroker
December 2022 - August 2025 · 2 yrs 8 mos
Independence Capital Co., INC.
November 2016 - December 2022 · 6 yrs 1 mo
Independence Capital Co., INC. Broker
September 2016 - December 2022 · 6 yrs 3 mos
State Registrations2 states
FLMI
Advisor
Exams
No exam information available for this advisor.