CHARLESTON FINANCIAL ADVISORS, LLC

RIASEC RegisteredEst. 2016

Total AUM

$262M

Discretionary

$251M

96% of AUM

Avg account

$408K

Accounts

643

Employees

Advisory reps

Firm details

Headquarters: CHARLESTON, South Carolina
CRD number: 137536
Registered since: January 4, 2016
Website: www.charlestonfinancial.net
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI80.33%
Individuals16.46%
Pension & Profit Sharing Plans2.44%
Corporations / Businesses0.71%
Charitable Organizations0.07%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Charleston Financial Advisors, LLC is an independent registered investment advisor that acts as a capital allocator for both individual and family clients as well as institutional accounts. Since registering in 2016 the firm has positioned itself around fee-based planning and portfolio management, offering services that include financial planning, portfolio management for individuals and small businesses, pension consulting and selection of other advisers. Fee arrangements are flexible—percentage of AUM, hourly and fixed-fee engagements are all used depending on client needs. Investment activity is weighted toward public pooled vehicles, with a clear preference for mutual funds and other public funds, complemented by allocations to third-party alternative managers. The firm identifies as an active ESG investor, which it weaves into manager selection and portfolio construction. Charleston Financial Advisors typically manages client relationships on a discretionary basis, using external managers and products where appropriate while retaining the ability to provide direct advisory and planning services. The firm was recognized by FA Magazine as a Top RIA Firm in 2020.