FAS

Wealth Management & Financial Advisoryteamfas.com

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

Financial planning services
Investment management
Retirement planning
Estate planning
Wealth advisory

Where FAS is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers5 records

Segments2 records

Ideal customer profiles2 records

FAS technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

FAS partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Osaic Wealth, Inc.coreChannel Partner/ Reseller/ DistributorSecurities 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 assessment

Direct 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 compliance and trust

Trust signal

Compliance2 records

FAS financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FAS leadership team

Management profile

Number of profiles

Profiles10 records

FAS funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

FAS M&A and investment

M&A and investment

M&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?

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.