Scherer Financial Advisory Services, LLC

Scherer Financial Advisory Services, LLC is a Limited Liability Company based in Texas, established in November 2018 by Scott Stephen Scherer and Ian Michael O'Shea. The firm offers financial planning, portfolio management, and consulting services to clients, tailoring investment strategies based on individual goals, risk tolerance, and financial conditions. SFAS manages portfolios on a discretionary basis, making investment decisions without client consultation, or on a non-discretionary basis with client approval before trades. The firm charges annual portfolio management fees ranging from 0.80% to 1.50% based on total assets, with additional fees for 529 plans and accounts under $100,000. SFAS may use Raymond James asset-based fee account programs and offers general consulting services at no additional fee. The firm primarily advises on mutual funds, fixed income securities, real estate funds, insurance products, equities, ETFs, and more, aiming to provide fair and equitable investment opportunities to clients. SFAS does not accept performance-based fees and acts in the best interests of clients, avoiding conflicts of interest. Clients receive regular account statements and reports, with reviews conducted at least annually. SFAS does not have custody of client assets, and clients have the responsibility to vote on their securities. The firm maintains a Code of Ethics and does not compensate non-employees for client referrals.