CFS
CFS Wealth Management is a Georgia-based, SEC-registered investment advisor founded in 2005 that provides fee-based portfolio management, financial planning, and retirement advisory services to individuals, trustees, and business owners across 465 accounts holding $189M AUM.
- Company typePrivate
- Founded2005
- HeadquartersThomasville, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What CFS does
CFS Wealth Management, L.L.C. is a privately held, SEC-registered investment advisor (CRD #135579) founded in May 2005 by A. Wade Chapman and headquartered in Thomasville, Georgia, with a second office in Macon. The firm provides fee-based investment advisory services to individuals, couples, IRA owners, trustees, and business owners, constructing portfolios primarily from open-end mutual funds, closed-end funds, ETFs, and individual equities and bonds, with Morningstar research used as an input. Account-level model portfolios are tailored to client circumstances and emphasize capital preservation over aggressive capital appreciation.
As of March 5, 2026, CFS held discretionary authority over 461 client accounts and non-discretionary authority over 4 accounts, with combined assets of $189,052,740. The core revenue engine is an AUM-based fee schedule ranging from 2.00% (accounts under $50K) down to 1.25% (accounts $1M+), billed quarterly in advance, supplemented by negotiable fixed annual fees ($250-$10,000) and $250/hour fees for financial plans and retirement evaluations. CFS Connect is offered as a client portal providing 24/7 account access and interactive planning tools for net worth, budgeting, and retirement scenarios. Fidelity Institutional Wealth Services serves as primary custodian, and the firm maintains a minor broker/dealer affiliation with Purshe Kaplan Sterling Investments (PKS).
The firm's go-to-market is sales-led and relationship-driven: clients are acquired via direct outreach, the cfswealth.com website, referrals from existing clients, and third-party referrals such as from Fidelity, with each client assigned a lead advisor. CFS markets itself as a fiduciary offering conflict-free advice rather than sales-driven recommendations. The firm employs 1-10 staff across its two Georgia offices, and there is no parent company, external investor, or institutional ownership; Wade Chapman is the sole owner and managing member.
CFS firmographics
Firmographics- Name
- CFS
- Legal name
- CFS Wealth Management, L.L.C.
- Website
- https://cfswealth.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CFS Wealth Management is a Georgia-based, SEC-registered investment advisor founded in 2005 that provides fee-based portfolio management, financial planning, and retirement advisory services to individuals, trustees, and business owners across 465 accounts holding $189M AUM.
- Ownership category
- akta.pro rank
CFS industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate & Institutional Trust Services (FSAAANAB)
Keywords
Where CFS is headquartered
LocationHeadquarters
- HQ city
- Thomasville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
CFS business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Percentage of AUM Fee: The primary revenue stream is investment management fees billed as a percentage of account value. Fee tiers range from 1.25% to 2.00% annually depending on account size. Billed quarterly in advance.
- Fixed Annual Fee: Alternative fee arrangement ranging from $250 to $10,000 annually, negotiable. Used for clients preferring flat-fee structure.
- Hourly Fees: Hourly billing at $250 per hour for financial plans and retirement evaluations. Maximum cost stated in agreement based on estimated time requirements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Accounts up to $50,000 |
| Subscription | Quarterly | Accounts $50,000 to $250,000 |
| Subscription | Quarterly | Accounts $250,000 to $999,999 |
| Subscription | Quarterly | Accounts $1,000,000 and above |
| Subscription | Annual | Fixed Annual Fee Option |
| Other | Pay-as-you-go | Hourly Fee Option |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
CFS product offering
Product offeringCore offering
CFS Wealth Management is a fee-based registered investment advisor that delivers portfolio management services to individuals, couples, IRA owners, trustees, and business owners, primarily through model portfolios of mutual funds, ETFs, closed-end funds, and individual equities and bonds. The firm also provides financial planning services (including retirement benefit evaluations) and operates the CFS Connect online client portal for 24/7 account access and interactive planning tools. Advisory, fixed, and hourly fee arrangements are billed as a percentage of account value, fixed annual amount, or at an hourly rate, respectively.
Product overview
CFS Wealth Management offers a unified wealth management platform combining investment advisory services with technology-enabled client engagement. The core offering consists of investment advisory (portfolio management using mutual funds, ETFs, and individual securities), financial planning, and the CFS Connect client portal. CFS Connect serves as the digital front-end, providing 24/7 account access and interactive planning tools for net worth calculation, budgeting, and retirement planning. All services are fee-based, with advisory fees ranging from 1.00% to 2.00% annually depending on account size.
Differentiator
Problem solved
Functional benefit
Brands
- CFS Connect: An online client portal and financial management platform offered by CFS Wealth Management, providing 24/7 account access, interactive planning tools, net worth calculation, budgeting, investment account management, and retirement planning tools.
Products and services
- Investment Advisory Services Fee-based investment advisory service providing portfolio management to individuals, couples, IRA owners, trustees, and business owners, using model portfolios constructed from open-end mutual funds, closed-end funds, ETFs, and individual equities and bonds, offered on a discretionary or non-discretionary basis with portfolios tailored to individual client needs.
- Financial Planning Advisory service delivering written financial plans covering areas such as retirement benefit evaluations, tailored to individual client situations and goals and provided on an hourly basis or as part of the broader advisory engagement.
- CFS Connect Online client portal and financial management platform offering 24/7 account access, interactive planning tools, net worth calculation, budgeting, investment account management, and retirement planning tools for CFS Wealth Management clients.
Companies that use CFS
Customer profileSegments4 records
Ideal customer profiles3 records
CFS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CFS partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Fidelity InvestmentscoreFidelity Investments serves as the primary custodian for client accounts through Fidelity Institutional Wealth Services (FIWS). They provide institutional trading and custody services, on-line services, desktop software for account administration, electronic trading, market data, accounting and reporting. CFS primarily utilizes Fidelity's No Transaction Fee, No-load or Load-Waived mutual fund platform.
- Purshe Kaplan Sterling Investments (PKS)minorSteve Anderson, an associate at CFS, is a registered representative with PKS broker/dealer. This creates a potential conflict of interest since Mr. Anderson may receive compensation for recommendations to purchase products through PKS. CFS does not charge advisory fees for client accounts held through this broker/dealer affiliation.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
CFS competitors and assessment
Company assessmentEmerging players
- Betterment: Leading digital wealth manager offering automated and hybrid advisory for individuals. Comparable to CFS in investment advisory for individuals and ETF-driven portfolios; differs as a low-cost robo with no in-person advisors and sub-0.50% fees.
- Personal Capital (Empower): Hybrid digital RIA offering free financial tools and fee-based advisory to mass-affluent and HNW individuals. Comparable to CFS in combining financial planning tools with advisory services; differs as a tech-led national platform now part of Empower.
Direct peers
- Facet Wealth: Tech-enabled fee-only RIA providing financial planning and investment advisory to individuals via virtual CFP-led teams. Comparable to CFS in fiduciary-only model, flat-fee/percentage pricing, and goal-based planning; differs in being virtual-first with a national footprint.
- Buckingham Strategic Wealth: Fee-only RIA focused on evidence-based portfolio management and financial planning for individuals. Comparable to CFS in fiduciary-only positioning, model-portfolio approach, and AUM-based fee structure; differs in scale and research depth.
- Carson Wealth: Mid-size RIA providing fee-only investment advisory, financial planning, and retirement planning to individuals and families, often through local advisor offices. Directly comparable to CFS in service mix, fiduciary model, and middle-market client focus; differs in scale and parent ecosystem.
Broad incumbents
- Fisher Investments: Large private RIA managing portfolios primarily for HNW individuals and institutional clients. Comparable to CFS in fee-based discretionary portfolio management and individual investor focus; differs substantially in scale and minimums.
- Edelman Financial Engines: Large national RIA combining robo and human advisory for individuals, including workplace retirement plan participants. Comparable to CFS in individual-investor focus and fiduciary fees; differs massively in scale and corporate-channel distribution.
- Cerity Partners: National RIA and wealth management firm with fiduciary advisory for individuals, families, and institutions. Comparable to CFS in fiduciary mandate and trust/estate planning capabilities; differs as a multi-billion-dollar consolidator actively acquiring regional advisors.
- Creative Planning: Large national RIA serving individuals and families with fee-only investment advisory and financial planning. Comparable to CFS in fiduciary model, fee-based AUM pricing, and use of custodians like Fidelity; differs in scale ($300B+ AUM) and breadth of services.
Others
- Mariner Wealth Advisors: National RIA consolidator with fiduciary, fee-based wealth management for HNW individuals and families. Comparable to CFS in target client (HNW individuals, trustees) and fiduciary orientation; differs as a multi-billion-dollar platform actively acquiring smaller RIAs.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CFS social profiles
Digital presenceCFS financial estimates
Financial estimateRevenue estimate
Valuation estimate
CFS leadership team
Management profileNumber of profiles
Profiles4 records
CFS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CFS 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 CFS
What does CFS do?
CFS Wealth Management is a fee-based registered investment advisor that delivers portfolio management services to individuals, couples, IRA owners, trustees, and business owners, primarily through model portfolios of mutual funds, ETFs, closed-end funds, and individual equities and bonds. The firm also provides financial planning services (including retirement benefit evaluations) and operates the CFS Connect online client portal for 24/7 account access and interactive planning tools. Advisory, fixed, and hourly fee arrangements are billed as a percentage of account value, fixed annual amount, or at an hourly rate, respectively.
Is CFS a public or private company?
CFS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CFS founded?
CFS was founded in 2005. It employs 1 to 10 people.
Where is CFS based?
CFS is headquartered in Thomasville, United States, in the North America region.
How does CFS make money?
Three revenue lines are on record. Percentage of AUM Fee is the primary driver. The others are fixed Annual Fee and hourly Fees.
Who are CFS's main competitors?
Emerging players on record are Betterment and Personal Capital (Empower). Direct peers are Facet Wealth, Buckingham Strategic Wealth and Carson Wealth. Broad incumbents are Fisher Investments, Edelman Financial Engines, Cerity Partners and Creative Planning. Mariner Wealth Advisors is listed as an others.
Does CFS have an API?
No public API is recorded for CFS.
What industry is CFS in?
CFS's product category is Wealth Management. Its primary akta.pro industry code is FSAAANAB, Corporate & Institutional Trust Services. Its NAICS code is 523940 and its SIC code is 6282.