Felspar Financial

Felspar Financial is a newly formed state‑registered investment adviser that intends to serve individual and high‑net‑worth clients by offering discretionary portfolio management as well as standalone financial planning and consulting. The firm provides ongoing investment management with periodic monitoring and rebalancing, and it separately offers fixed‑fee financial planning engagements distinct from its asset‑based advisory services.

The firm’s investment approach emphasizes a long‑term, strategic allocation framework grounded in modern portfolio theory and diversification across asset classes, typically implemented with mutual funds and ETFs. Felspar accepts discretionary trading authority, relies on custodian‑provided and third‑party research to inform decisions, and revisits financial plans periodically or when client circumstances change.

Compared with peers in its regulatory and staffing category, Felspar is notable for offering fixed‑fee planning and intending to manage individual client portfolios despite currently having no assets under management, and it does not serve as a private fund adviser. The brochure also discloses a single managing‑member structure with compliance responsibilities concentrated in that role and describes policies (a Code of Ethics, internal reviews, and custodial arrangements) intended to address related conflicts, including economic benefits received through its recommended custodian’s institutional platform.