Schwan Financial Advisors offers financial planning services covering cash flow, retirement, insurance, investments, education savings, and estate planning. They also provide pension consulting services. Schwan Financial Advisors refers clients to third-party investment advisors (TPIAs) for investment management. Certain officers and employees are also registered representatives of Kovack Securities, Inc. and licensed insurance agents, creating potential conflicts of interest.
Fee Structure
Schwan Financial Advisors does not directly manage investments. Instead, they recommend third-party investment advisors (TPIAs) to manage your money. The total fees charged by the TPIA, including the portion shared with Schwan Financial Advisors, will not exceed 3% of your portfolio per year.