Fearless Solutions LLC (San Antonio)

Fearless Solutions LLC is a large advisory firm based in San Antonio. It manages $101.15 million of regulatory assets for 737 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

Fearless Solutions provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fearless Solutions: assets under management

The assets under management (AUM) of Fearless Solutions LLC is $101.15 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.15 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.24 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fearless Solutions LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fearless Solutions serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Fearless Solutions is individuals with 266 clients and $70.3 million of assets under management. Among the 6 most similar advisory firms, Fearless Solutions has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $100.3 million for 286 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Fearless Solutions doesn't advise any private funds.

Careers at Fearless Solutions LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Fearless Securities Llc	Managing member	1 May 2018	75% - 100%	82-5405486
Mary Susan Cameron	Cco	1 May 2018	Other	6968665
Brad A Dobson	Cco	1 Jul 2018	Other	5735900

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Edward Fosdick	Mananging member	1 Jul 2018	75% - 100%	4034278
John Edward Fosdick	President	1 Oct 2018	75% - 100%	4034278

Based in San Antonio

The principal office where Fearless Solutions LLC performs its advisory services is located at 16118 Via Shavano, San Antonio, TX 78249, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-888-2820 or by fax 210-888-2821. The normal business hours are 9-5 on Other.