Tax Reduction and Investment Strategies, Inc. is an investment advisor that recommends third-party investment advisors to clients. After gathering information about your financial situation, they will recommend an advisor or investment program. They receive compensation from the third-party advisor based on the fees you pay them. They monitor the advisor's performance to ensure it aligns with your goals.
Tax Reduction and Investment Strategies, Inc. does not directly manage your investments. Instead, they recommend third-party advisors who will manage your portfolio. They are compensated by these advisors based on the fees you pay them, typically ranging from 0.5% to 1% of the assets managed by the third-party advisor.