Financial Solutions Associates

Financial Solutions Associates, operating under Goverman Financial Solutions, LLC, is an SEC-registered investment advisor established in 1993. The firm offers personalized financial planning and investment advisory services to individuals, trusts, estates, small businesses, pension and profit-sharing plan participants, and charitable organizations. Services include financial objective determination, cash flow management, tax planning, investment management, retirement planning, and estate planning. The firm specializes in financial planning and investment advisory services, with a focus on no-load mutual funds and exchange-traded funds. Clients have the option for discretionary investment management, with portfolios totaling $155,861,000 managed as of December 31, 2024. Financial Solutions Associates charges an hourly fee of $300 for financial planning services and an investment advisory fee based on a percentage of assets under management. The fee schedule ranges from 0.375% to 0.1875% quarterly based on the account value. The firm acts as a fiduciary for retirement accounts, ensuring clients' best interests. Clients have investment discretion with the ability to impose restrictions on investments. The minimum account size for investment advisory services is $200,000, with the firm having the discretion to waive this requirement. The firm employs strategic asset allocation and fundamental analysis in managing client portfolios, aiming to mitigate various investment risks. Financial Solutions Associates does not charge performance-based fees and does not engage in soft dollar programs. Clients are responsible for voting on securities and receive regular account reviews and reporting. The firm does not maintain custody of client funds and adheres to a Code of Ethics emphasizing client interests. Brett C. Goverman and Barnet Goverman supervise client accounts and adhere to CFP® certification standards. No disciplinary events are reported for the firm or its owners.