Frank Financial Advisors

Frank Financial Advisors is an investment advisory firm specializing in discretionary asset management, financial planning, and consulting services for individuals, trusts, corporations, and other entities. The firm, founded in 2003 and registered with the SEC in June 2021, primarily invests in no-load or low-load mutual funds, exchange-traded funds, equities, corporate debt securities, and various other investment vehicles. They offer services to retirement plans and plan participants, assisting in meeting fiduciary obligations under ERISA and the Pension Protection Act of 2006. Clients are required to have a minimum account size of $500,000 for investment advisory services, with a $200 minimum annual fee for ongoing management. Fees for portfolio management services range from 1.0% to 2.0% annually based on assets under management. Financial planning and consulting services are offered at a fixed fee or hourly rate, tailored to the complexity of each client's circumstances. The firm may recommend third-party advisers to manage a portion of a client's portfolio based on the client's financial needs and long-term goals. Frank Financial Advisors operates under a special rule to act in the best interest of clients, providing prudent and loyal advice, avoiding conflicts of interest, and disclosing information about fees and conflicts. The firm does not accept performance-based fees and does not vote proxies on behalf of clients. Clients receive quarterly account statements and trade confirmations, with regular reviews and meetings encouraged. Todd E. Frank, the President and CEO, oversees the firm's operations and supervises all staff members.