Advisory Services Network

Advisory Services Network, LLC (ASN) is an investment adviser firm based in Atlanta, Georgia, established in 2009 by Thomas C. Prescott and David E. Paulukaitis. ASN offers investment advisory services through a network of independent Investment Adviser Representatives (IARs) under the SEC registration. The firm sponsors a Wrap Fee Program providing individualized portfolio management, asset allocation, monitoring, and reporting. Clients pay a single fee covering management fees, transaction costs, and administrative expenses. Portfolios may include various investments like mutual funds, ETFs, stocks, bonds, and alternative investments. Clients can have discretionary or non-discretionary control over their accounts. ASN's fees are calculated as an annual percentage of the market value of assets, billed quarterly in advance. The fee structure can be tiered or floating flat rate. The firm manages approximately $8.5 billion in client assets on a discretionary basis. ASN does not charge performance-based fees. Investment strategies include fundamental and technical analysis, asset allocation, and long-term and short-term purchases. Clients are encouraged to communicate changes in financial circumstances to their IARs. The firm has a Code of Ethics to ensure fair and full disclosure and act in clients' best interests. ASN may compensate promoters for client referrals and receives benefits from custodians like Fidelity, Schwab, and Pershing. The firm has no financial commitments impairing its ability to meet obligations. No bankruptcy proceedings have involved ASN.