First Choice Financial Services is a registered investment advisor that primarily connects individual clients with third-party money managers, such as Gradient Investments, to handle investment portfolios. First Choice Financial Services acts as a liaison, helping clients complete paperwork, providing ongoing account reviews, and monitoring quarterly statements. In addition to investment management referrals, First Choice Financial Services offers estate planning support services to help clients gather information and coordinate with estate planning attorneys or unaffiliated companies to create or update wills and trusts. The team also maintains insurance licenses through affiliated agencies, offering insurance products alongside their advisory services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.95% |
Fees vary by investment strategy, ranging from 1.00% to 1.95% annually. Client Directed Accounts charge a flat $300 annual fee. All fees are negotiable and assessed quarterly in arrears, plus a $15 quarterly service fee per account.