Our Custodians

 We believe in a fiduciary service.

At Financial Advisors Network, we use the Registered Investment Advisors (RIA) model and believe in transparent relationships. This means we are committed to providing our clients with a fiduciary service. We use four outside custodians to hold our clients’ assets. For your convenience and safety, we give our clients the option of using Charles Schwab, TD Ameritrade, LPL Financial, or Millennium Trust Company.

We also provide full online access to our comprehensive planning and reporting tools FAN Plan and FAN Performance.

Charles Schwab is the #1 custodian by market share for registered investment advisor custody, with more than $3.4 trillion of total client assets managed at over 300 branches. Your Charles Schwab account can be viewed HERE at any time.

With a workforce of nearly 10,000 employees, TD Ameritrade holds over $1.2 trillion of total client assets from 6,000 of its independent RIA clients. Your TD Ameritrade account can be viewed HERE at any time.

As the nation’s largest independent broker-dealer, LPL holds over $659 billion of total client assets with the help of its over 4,000 employees. Your LPL account can be viewed HERE at any time.

Millennium Trust* holds more than $24 billion of total assets under custody and specializes in providing custody solutions for unique assets. FAN utilizes its services to custody assets in first trust deed investments on a non-discretionary basis. Your Millennium account can                                                          be viewed HERE at any time.

Committed to our fiduciary service, we are not incentivized to sell big firm products. Rather, we earn our fee based on your account balance over time. We offer numerous financial services tailored to your specific needs and do not make commissions in our advisory service. As a truly independent advisory group, you can be assured that we will be there for you as long as you need us.

*Millennium Trust Company, LLC offers custody solutions for a wide range of asset choices.  Millennium Trust is not affiliated with Financial Advisors Network, Inc, or any of its affiliates, and does not endorse or recommend the products and services offered by Financial Advisors Network, Inc. Millennium Trust performs the duties of a directed custodian for IRAs and other custodial accounts.

Millennium Trust does not undertake any due diligence for advisors, their clients, or any third party on prospective investments, including any investments an advisor or client selects to hold in a Millennium Trust account. As a directed custodian, Millennium Trust does not offer or sell investments or provide investment, tax or legal advice.  Millennium Trust Company® is a registered trademark of Millennium Trust Company, LLC in the United States.