Exeter Financial, LLC

Exeter Financial LLC is a registered investment adviser established in 2006, specializing in providing comprehensive wealth management services to high net worth individuals, families, and related entities. The firm offers strategic planning, investment consulting, alternative investment strategies, risk management, and estate and tax planning services. Exeter's investment philosophy focuses on long-term, buy-and-hold strategies tailored to individual client needs. The firm primarily advises on individual equities, bonds, mutual funds, and ETFs, with occasional recommendations for private placements. Clients must enter into an Investment Advisory Agreement with Exeter before services commence, with fees typically capped at 1.25% annually. The minimum initial investment for active discretionary management is $1,000,000, but this may be adjusted at the firm's discretion based on various criteria. Exeter does not charge performance-based fees and acts as a fiduciary under ERISA and the Internal Revenue Code. As of December 31, 2024, the firm managed approximately $366.2 million in assets, with most assets under discretionary management. Clients receive regular account reviews and performance reports, and Exeter does not vote proxies on behalf of clients. The firm does not have custody of client assets but recommends Charles Schwab & Co., Inc. as a custodian. Exeter receives support services from Schwab, which may present a potential conflict of interest. The firm also discloses affiliations with insurance agencies and the potential for economic benefits from referrals. Exeter's Code of Ethics emphasizes high standards of business conduct and fiduciary duty to clients.