FINANCIAL SERVICES OF AMERICA ADVISORS
FSA ADVISORS, INC. Legal Name
Adviser information for FINANCIAL SERVICES OF AMERICA ADVISORS last updated from Form ADV on March 1st, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 22 |
|---|---|
| Investment Advisory/Research | 22 |
| Registered Broker-Dealer Representatives | 13 |
| Registered State Investment Advisers | 22 |
| Licensed Agents of an Insurance Company | 21 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,426 | $288.6M |
| Non-Discretionary | 15 | $3.6M |
| Total | 1,441 | $292.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,424 | $266.4M |
| HNW Individuals | 17 | $25.7M |
| 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 | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 227 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesSELECTION OF OTHER ADVISOR FEES |
Identifiers
| SEC RIA File Number | 801-120474 |
|---|---|
| SEC ERA File Number | 801-120474 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 286251 |
| Legal Entity Identifier | None |
Principal Office
50 W BIG BEAVER RD SUITE 500TROY
MI
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: (800) 977-9292, Fax: None
Websites
Chief Compliance Officer
NICHOLAS SHAHEEN
PRESIDENT & CHIEF COMPLIANCE OFFICER
50 W BIG BEAVER RD SUITE 500
TROY
MI
United States
Tel:
(800) 977-9292
N*******@********M
(Full email address available in API data)
Industry Affiliates
| FINANCIAL SERVICES OF AMERICA | Insurance company or agency |
| FSA HEALTH INSURANCE AGENCY | Insurance company or agency |
| FSA TAX & ACCOUNTING | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SHAHEEN, NICHOLAS, ANDREW | Individual | – | PRESIDENT & CHIEF COMPLIANCE OFFICER | 01/2017 | < 5% |
| FSA MARKETING SYSTEMS INC | Domestic Entity | – | OWNER | 01/2021 | > 75% |
| James, Richard, David | Individual | FSA MARKETING SYSTEMS INC | OWNER | 01/2021 | > 75% |