Cfs Investment Advisory Services LLC

CFS Investment Advisory Services, LLC is a registered investment adviser based in Totowa, New Jersey, established on January 1, 1998. The firm, owned by Gregory M. Makowski and Harris S. Nydick, manages over $1.8 billion in assets, offering financial planning, consulting, and investment management services. Clients can engage CFS on a discretionary or non-discretionary basis, with a minimum portfolio value of $500,000. Fees are charged based on assets under management, ranging from 0.25% to 1.25% annually. CFS may recommend the services of other professionals, but clients retain full discretion over implementation decisions. The firm's investment strategies include long-term purchases, short-term purchases, and trading, with a focus on mutual funds, ETFs, and individual securities. CFS conducts ongoing due diligence on Independent Managers managing client assets. The firm does not provide services for performance-based fees and acts as a fiduciary under ERISA for retirement plan consulting. Clients receive regular account statements and reports, and CFS exercises investment discretion over client accounts. The firm does not vote client securities and does not have any material disciplinary events. CFS receives economic benefits from custodians and broker-dealers, with custody of client funds and securities maintained at qualified custodians.