Financial Services of America Advisors
Assets Under Management
$396.2M
Number of Clients
1,561
Number of Advisors
25
Average Client AUM
$254K
AUM per Advisor
$15.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
FSA Advisors provides portfolio management tailored to client goals and risk tolerance, including investment strategy, asset allocation, and regular monitoring. They also offer financial planning covering investments, insurance, taxes, retirement, college, and debt. They may direct clients to third-party investment advisers.
Fee Structure
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
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 for fixed fees and up to $250/hour for advisor time, and $100/hour for administrative time. Clients are responsible for third-party fees like custodian and brokerage fees. Clients can terminate agreements with written notice.
Areas of Practice
Location
50 W Big Beaver Rd Suite 500, Troy, MI, 48084