SOARES FINANCIAL, INC.

Soares Financial is organized as a registered investment advisor — an independent, fee-only firm that is legally bound by a fiduciary duty to act in the best interests of its clients. It does not operate under a broker-dealer umbrella, meaning its advisors do not earn commissions from product sales. This corporate structure places it among the independent RIA channel, distinct from wirehouses and insurance-affiliated advisory practices.

Portfolio construction is expected to rely on direct ownership of individual securities alongside mutual funds and ETFs. As an RIA of this scale, the firm almost certainly does not act as a limited partner in private capital fund commitments — it accesses investment exposures through the fund structures available on its custodial platform.

As an independent RIA, Soares Financial operates without a proprietary product mandate. Broker-dealer advisory programs often steer clients toward in-house mutual funds or model portfolios that generate internal revenue; a fee-only independent RIA has no such incentive. Client portfolios are built exclusively from external, third-party investment products, and the firm's revenue comes solely from the advisory fee negotiated with each client.