PROFESSIONAL FINANCIAL SOLUTIONS, LLC
Adviser information for PROFESSIONAL FINANCIAL SOLUTIONS, LLC last updated from Form ADV on March 7th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Virginia, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 818 | $261.4M |
| Non-Discretionary | 50 | $24.8M |
| Total | 868 | $286.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 150 | $58.4M |
| HNW Individuals | 114 | $226.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 5 | $722,683 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $330,905 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 6 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-106802 |
|---|---|
| SEC ERA File Number | 801-106802 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 114957 |
| Legal Entity Identifier | None |
Principal Office
10517A WEST DRIVEFAIRFAX
VA
United States
Monday - Friday, 9AM-5PM
Tel: 703-385-0870, Fax: 703-385-0871
Chief Compliance Officer
MICHAEL MCLENIGAN
PRESIDENT, CCO
10517A WEST DRIVE
FAIRFAX
VA
United States
Tel:
703-385-0870
Fax:
703-385-0871
M*********@************************M
(Full email address available in API data)
Regulatory Contact
JENNIFER DENNER
FINANCIAL ADVISOR
WEST DR
10517A
FAIRFAX
VA
United States
Tel:
7033850870
J******@************************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MCLENIGAN, MICHAEL, JOSEPH | Individual | – | MANAGING MEMBER/CHIEF COMPLIANCE OFFICER | 04/1997 | 25-50% |
| SEWALL, RENEE, GARDNER | Individual | – | MEMBER | 09/2016 | 10-25% |
| Hartman, Megan, Michelle | Individual | – | MEMBER | 09/2016 | < 5% |
| Crowe, Andrew, William | Individual | – | MEMBER | 01/2022 | 10-25% |
| Denner, Jennifer, H | Individual | – | MEMBER | 01/2022 | < 5% |
| COPELAND, ROBERT, ESTEL | Individual | – | MEMBER | 01/2022 | 10-25% |