Cooper Financial Services, Inc.

Cooper Financial Services, Inc., established in May 1985 by Michael James Butler, offers investment supervisory services to various clients, including individuals, pension plans, trusts, and corporations. The firm creates personalized Investment Policy Statements for clients, covering aspects like asset allocation, risk tolerance, and investment strategy. Clients may grant discretionary authority to CFS for investment decisions. The firm's fee schedule ranges from 0.75% to 1.25% of total assets under management, with fees collected quarterly in advance. CFS may recommend third-party money managers to clients, receiving compensation via fee sharing. The firm does not participate in wrap fee programs and has no minimum account size requirement. Investment strategies include long-term trading, short sales, and options writing. CFS uses methods like charting, fundamental, and technical analysis to guide investment decisions. The firm discloses potential conflicts of interest, such as receiving compensation for the sale of securities. Clients have the option to purchase recommended products through other brokers. CFS does not accept performance-based fees and maintains investment discretion for client accounts. The firm does not receive economic benefits for advice rendered to clients and does not compensate non-advisory personnel for client referrals. Clients' assets are primarily held at chosen custodians, and CFS has limited custody through fee deduction. Clients receive regular account statements and may request additional reports for a fee. CFS does not accept voting authority for client securities and has a sound financial standing without recent bankruptcy petitions.