Free State Financial Planning

Joshua B. Bradley is the sole investment adviser representative and owner. All portfolio decisions are made by him, with no investment committee or external sub-advisors disclosed in public filings. Client assets are managed on a discretionary basis, meaning Bradley can execute portfolio changes without prior client approval.

Yes, as a registered investment advisor, the firm has a legal fiduciary duty to act in its clients' best interests. This is distinct from broker-dealers who operate under a suitability standard. The firm's fee-only structure reinforces this — it does not accept commissions, trailing fees, or revenue-sharing from product providers that could bias recommendations.

No. Based on its regulatory filings, the firm's investment management is limited to publicly traded securities — primarily mutual funds and exchange-traded funds. There is no indication of direct co-investments, private fund commitments, hedge fund allocations, or venture capital exposure. The practice is retail-focused, not institutional.

The firm operates on a fee-only basis, with compensation derived entirely from client-paid advisory fees. Fees are typically charged as a percentage of assets under management. The firm does not receive commissions, referral fees, or revenue-sharing payments from product providers, which eliminates a common conflict of interest in financial advice.

There is no disclosed relationship. The firm is a sole proprietorship with no parent company, holding company, or controlling entity apparent in Kansas Secretary of State records or SEC filings. It is not a multi-family office platform, does not belong to a roll-up or aggregator, and has no disclosed joint ventures with other advisory practices.