Professional Financial Solutions, LLC is a large advisory firm based in Fairfax. It manages $140.07 million of regulatory assets for 694 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Maryland, New York, Pennsylvania, and 3 other states.
Professional Financial Solutions provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Professional Financial Solutions, LLC is $140.07 million. The firm's AUM has grown by 367% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Professional Financial Solutions, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Professional Financial Solutions is high net worth individuals with 60 clients and $86.84 million of assets under management. Among the 7 most similar advisory firms, Professional Financial Solutions has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $140.07 million for 214 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Professional Financial Solutions doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Professional Financial Solutions, LLC performs its advisory services is located at 10517 A West Drive, Fairfax, VA 22030 8144, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 703-385-0870 or by fax 703-385-0871. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at profinancialsolutions.com.