FSP Advisors is a registered investment advisor based in Rochester, New York, providing both discretionary and non-discretionary portfolio management, financial planning, and pension consulting services. FSP Advisors tailors its investment strategies to meet each client's specific goals, risk tolerance, and time horizon. The firm handles various types of securities and can combine family account values to help clients qualify for lower fee tiers. In addition to managing investments directly, FSP Advisors can recommend third-party investment managers. FSP Advisors also offers hourly financial planning and specialized flat-fee services, such as assistance with death distributions. The firm's professionals may also act as registered representatives of a broker-dealer or as insurance agents, creating potential conflicts of interest regarding commissions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees are negotiable for amounts over $5,000,000.