Fee-only adviser · Salem, MA
CFS Financial, LLC
CFS Financial, LLC is a fee-only investment adviser registered with the securities regulators of Massachusetts, New Jersey, with its main office in Salem, Massachusetts. On its latest Form ADV, filed September 29, 2026, it reports $1.7M in regulatory assets under management, 8 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Massachusetts, New Jersey |
|---|---|
| Firm CRD number | 173972 |
| Office | 10 Federal Street Suite 410 Salem, MA 01970 |
| Phone | (978) 609-0069 |
| Website | Not listed |
| Regulatory assets under management | $1.7M |
| Individual clients | 8 non-high-net-worth, 0 high-net-worth |
| Financial planning clients | Not reported |
| How it charges | Percentage of assets |
| Services | Portfolio management, Selection of other advisers |
| Employees | 3 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | September 29, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Salem
- Rothwell Investment Advisors $188M
- Finer Wealth Management, Inc. $306M
- Sail Loft Capital Management LLC $11M
See all 4 fee-only advisers in Salem →
Nearby
- Marblehead 3 firms
- Beverly 8 firms
- Prides Crossing 1 firm
- Swampscott 1 firm
- Danvers 3 firms
- Peabody 2 firms
- Manchester 2 firms
- Topsfield 2 firms
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