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 registered investment adviser organized as an LLC and SEC-registered since 2015. The firm operates as a capital allocator for both individuals and institutional clients, combining financial planning, discretionary portfolio management and adviser selection services. Their client base includes individual and family accounts alongside institutional and business relationships, and the firm reports being an active ESG investor—meaning environmental, social and governance factors are incorporated into at least some portfolio decisions. Service and billing flexibility is notable: MHS charges based on a percentage of assets under management and also offers hourly and fixed-fee engagements, as well as other fee arrangements. In addition to direct portfolio management, the firm provides pension consulting, selects third-party managers, and maintains an affiliation with an insurance company for ancillary services.