FAS
FAS is a privately held, Greenville, Ohio-based financial advisory firm founded in 1977 that provides investment management, retirement, tax, and estate planning to individual investors and small businesses through a ten-person core team and seven affiliated branch offices, with securities delivered via Osaic Wealth.
- Company typePrivate
- Founded1977
- HeadquartersGreenville, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What FAS does
Financial Achievement Services, Inc. (FAS) is a privately held, full-service financial advisory firm founded in 1977 and headquartered in Greenville, Ohio. The firm provides investment management, retirement and income planning, tax planning and reduction strategies, estate planning and wealth transfer, college funding, and employer-sponsored retirement plan services to individual investors and small businesses. FAS operates through a ten-member core team at its Greenville headquarters, seven affiliated branch offices, and a financial advisor training center that supports 23 investment professionals. Securities and investment advisory services are delivered through a core channel partnership with Osaic Wealth, Inc. (FINRA/SIPC), with client access provided via eQuipt, OneView, and SEI Connect portals.
FAS generates revenue through a hybrid compensation model combining transaction-based fees (commissions, mutual fund sales loads, surrender charges) and ongoing asset-based fees tied to assets under management and investment product operating expenses. Its go-to-market is relationship-led and community-anchored: the firm relies on referrals from existing clients, free initial consultations, and extensive local nonprofit board participation in the Darke County area to drive brand awareness and lead generation, supplemented by a content marketing stack including a quarterly newsletter, 35+ financial calculators, an educational video library, and seven topic-specific resource centers. The firm is registered to sell securities in 25 U.S. states and is licensed to sell insurance products only in Ohio and Indiana.
FAS operates as an independent, locally owned firm with no disclosed external investors, acquisitions, or parent entities. Ownership transitioned in 2025 from longtime President Matt Arnold (President 2011-2025, with the firm since 1984) to current President Phillip Pierri, who joined in 2018. The firm's scale, technology footprint, and AI/ML capabilities are not publicly disclosed and the evidence base is thin: there are no patents, no proprietary technology beyond standard third-party platforms, no AI capabilities, and no published revenue figures.
FAS firmographics
Firmographics- Name
- FAS
- Legal name
- Financial Achievement Services, Inc.
- Website
- https://teamfas.com
- Company type
- Private
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- FAS is a privately held, Greenville, Ohio-based financial advisory firm founded in 1977 that provides investment management, retirement, tax, and estate planning to individual investors and small businesses through a ten-person core team and seven affiliated branch offices, with securities delivered via Osaic Wealth.
- Ownership category
- akta.pro rank
FAS industry classification
Industry- Product category
- Wealth Management & Financial Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Comprehensive Financial Planning (FSAEAAAA)
- akta.pro secondary industries
- Financial Coaching & Budgeting Advisory (FSAEAAAH), Financial Planning Tools & Financial Coaching (Goal Setting, Apps, Advisors) (EDAAAJAN)
Keywords
Where FAS is headquartered
LocationHeadquarters
- HQ city
- Greenville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
FAS business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Financial Advisory Fees: The firm generates revenue through a combination of transaction fees (commissions on purchases and sales of securities, mutual fund sales loads, surrender charges on annuities) and ongoing fees (fees for professional investment services, annual operating expenses from investment products). Financial professionals are compensated through both transaction-based and ongoing asset-based fee structures.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based compensation |
| Subscription | Annual | Ongoing asset-based fees |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
FAS product offering
Product offeringCore offering
Financial Achievement Services provides personalized financial planning, investment management, retirement planning, and estate conservation services to individuals and small businesses. The firm acts as a holistic wealth advisor, guiding clients through asset protection, retirement readiness, and wealth transfer strategies using established third-party platforms for portfolio management and reporting.
Product overview
Financial Achievement Services (FAS) is a full-service financial advisory firm offering a unified suite of wealth management services. The core offerings include Investment Portfolio & Risk Management, Tax Planning & Reduction Strategies, Retirement & Income Planning, and Estate Planning & Wealth Transfer, along with specialized services for college funding and business retirement plans. The firm supplements its advisory services with an integrated digital platform of educational resources including topic-specific Resource Centers (Retirement, Investment, Tax, Estate, Money, Lifestyle, Insurance), a Financial Calculators Suite, and a Financial Glossary. The company serves individual and business clients through its Greenville, Ohio headquarters and seven affiliated branch offices.
Differentiator
Problem solved
Functional benefit
Companies that use FAS
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
FAS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
FAS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Osaic Wealth, Inc.coreSecurities and investment advisory services are offered through Osaic Wealth, Inc., member FINRA/SIPC. This is the primary channel through which FAS delivers investment products to clients. The relationship provides regulatory infrastructure, compliance support, and access to investment platforms including eQuipt.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
FAS competitors and assessment
Company assessmentDirect peers
- LPL Financial: Largest independent broker-dealer in the U.S., supporting thousands of financial advisors with compliance, technology, and product access. Mirrors FAS's reliance on Osaic Wealth as a broker-dealer partner and the independent-advisor business model.
- Ameriprise Financial: Independent advisor network offering comprehensive financial planning, investment management, and insurance solutions to individuals and small businesses. Direct comparable on product mix (investments, retirement, tax, estate) and advisor-channel model.
- Edward Jones: Large-scale independent advisor franchise built on a community/branch-office model serving individual investors with comprehensive financial planning. Closely comparable to FAS in GTM motion (local offices, relationship-led, holistic planning) but at vastly greater scale.
- Cambridge Investment Research: Independent broker-dealer supporting financial advisors offering holistic planning, investment management, and retirement solutions. Comparable independent-advisor model with national footprint.
- Raymond James Financial Services: Broker-dealer and RIA platform supporting independent financial advisors who deliver holistic planning and investment management to individuals. Comparable on advisor-channel model, multi-state reach, and product breadth.
- Cetera Financial Group: Independent advisor network providing investment, retirement, tax, and estate planning services through affiliated financial professionals. Direct comparable on product suite, multi-state operation, and independent advisor delivery model.
Broad incumbents
- Northwestern Mutual: Large insurance-and-investment incumbent offering holistic financial planning, investment management, and insurance products through a national network of financial advisors. Comparable planning and insurance integration, with a substantially broader geographic footprint.
- Fidelity Investments (Wealth Management): Broad financial services incumbent providing investment management, retirement planning, estate services, and wealth advisory to individuals and institutions. Comparable in product breadth, but serves a much larger and more geographically diversified client base.
- Stifel Financial: Full-service wealth management and investment bank offering advisory services to individuals, businesses, and institutions. Overlaps with FAS on individual financial planning and investment management, but at materially greater scale and with institutional capabilities FAS does not offer.
- Charles Schwab (Independent Advisor Services): Large incumbent custodian and wealth-management firm offering investment advisory, retirement, and planning services both directly and through independent RIAs. Comparable planning offerings, but operates at vastly greater scale and with broader product breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
FAS social profiles
Digital presenceFAS compliance and trust
Trust signalCompliance2 records
FAS financial estimates
Financial estimateRevenue estimate
Valuation estimate
FAS leadership team
Management profileNumber of profiles
Profiles10 records
FAS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FAS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FAS
What does FAS do?
Financial Achievement Services provides personalized financial planning, investment management, retirement planning, and estate conservation services to individuals and small businesses. The firm acts as a holistic wealth advisor, guiding clients through asset protection, retirement readiness, and wealth transfer strategies using established third-party platforms for portfolio management and reporting.
Is FAS a public or private company?
FAS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FAS founded?
FAS was founded in 1977. It employs 1 to 10 people.
Where is FAS based?
FAS is headquartered in Greenville, United States, in the North America region.
How does FAS make money?
One revenue line is on record: financial Advisory Fees.
Who are FAS's main competitors?
Direct peers on record are LPL Financial, Ameriprise Financial, Edward Jones, Cambridge Investment Research, Raymond James Financial Services and Cetera Financial Group. Broad incumbents are Northwestern Mutual, Fidelity Investments (Wealth Management), Stifel Financial and Charles Schwab (Independent Advisor Services).
Does FAS have an API?
No public API is recorded for FAS.
What industry is FAS in?
FAS's product category is Wealth Management & Financial Advisory. Its primary akta.pro industry code is FSAEAAAA, Comprehensive Financial Planning, with a secondary code of FSAEAAAH, Financial Coaching & Budgeting Advisory. Its NAICS code is 523940 and its SIC code is 6282.