FAS Wealth Partners

Scott A. Scharff, the founder and President, oversees investment decisions within the firm's fiduciary framework. The investment process is centralized—no external investment committee or outsourced CIO (OCIO) arrangement is disclosed. As a small RIA, portfolio construction follows an internal allocation policy that draws from Dimensional Fund Advisors, municipal bond ladders, and select alternative strategies, all tailored to each household's life-planning output.

No. The firm does not operate pooled investment vehicles or proprietary funds. FAS acts as an allocator and advisor, constructing individual portfolios for each client from separate accounts, third-party mutual funds, ETFs, and direct municipal bond holdings. This separation avoids the conflict of interest that can arise when advisors push in-house products.

The firm's proprietary protocol begins with a non-financial discovery process that identifies each client's temporal, familial, and legacy goals. Investment policy statements are then written to fund those specific goals with dedicated sub-portfolios, rather than a single risk-budgeted portfolio. Tax-aware withdrawal sequencing, Social Security optimization, and Roth conversion analysis are integrated into the planning engine, making the investment allocation the output of the life plan, not the input.

FAS does not custody client assets directly. The advisory relationship operates through Charles Schwab and Fidelity custodial platforms, where assets are held in client-owned accounts with FAS holding limited power of attorney for fee deduction and trading. This separation of custody and advice is a structural safeguard standard among fiduciary RIAs.