MHS Advisory Services, LLC

RIASEC RegisteredEst. 2015

Total AUM

$253M

Discretionary

$173M

68% of AUM

Avg account

$220K

Accounts

1,152

Employees

Advisory reps

Firm details

Headquarters: Maple Grove, Minnesota
CRD number: 174590
Registered since: January 26, 2015
Website: www.mhscos.com
Custodians: PERSHING LLC, FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI58.25%
Individuals41.52%
Charitable Organizations0.12%
Corporations / Businesses0.11%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

MHS Advisory Services, LLC is an independent SEC-registered RIA (registered in 2015) that serves both individual/family and institutional clients. The firm acts as a capital allocator, selecting third-party managers alongside providing in-house portfolio management and financial planning. Its advisory services include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, pension consulting support, and the selection of other advisers. Fee arrangements are mixed — the firm charges a percentage of AUM and also uses hourly and fixed-fee structures. MHS identifies as an active ESG investor and maintains an insurance-company industry affiliation.