Financial Institution Services provides personalized asset management services to individuals, high-net-worth clients, trusts, estates, and corporations. The firm helps clients define their investment goals and risk tolerance, then builds diversified portfolios using stocks, bonds, mutual funds, exchange-traded funds, and other appropriate securities. Portfolios are managed on a discretionary basis, meaning the firm makes trades on the client's behalf without needing approval for every single transaction, though non-discretionary arrangements are also available. The firm follows a strategic asset allocation approach, combining fundamental and cyclical analysis with long-term and short-term purchasing strategies. In addition to investment management, the firm offers guidance on retirement account rollovers. The firm is owned and operated by David Shink and has been in business since 2007.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.85% |
| $1.0M - $1.5M | 0.75% |
| $1.5M - $2.0M | 0.65% |
| $2M+ | 0.50% |
Fees are generally not negotiable but may be negotiated in limited circumstances. Family household account values may be combined to reach lower fee breakpoints.