Four Financial Management

Four Financial Management, operated by Morman, Kaplan, Brilliant, and Fransko, LLC, offers investment management services through their SWM wrap account program. Established in 2016, the firm's co-owners are Michael Kaplan, Alan Brilliant, David Fransko, and Stephen Morman. They customize portfolios for clients based on individual objectives, risk tolerance, and time frames. Investment strategies include asset allocation, income prioritization, capital preservation, and tactical growth. Fees range from 0.25% to 1.50% of assets under management, collected quarterly in advance. Clients in the SWM program pay an annualized advisory fee covering advisory services and transaction execution, without additional brokerage commissions. The firm discloses potential conflicts of interest related to transaction charges and mutual fund share classes. Clients can terminate the agreement with a prorated refund. The firm's investment strategies include asset allocation, tactical asset allocation, and technical analysis. They offer various securities, including mutual funds, stocks, bonds, and alternative investments. The firm reviews accounts annually and maintains compliance with legal and regulatory requirements, including a Code of Ethics. They do not charge performance-based fees or engage in side-by-side management. Clients have the right to vote on securities and are encouraged to review account statements provided by the custodian. The firm does not pay for client referrals and discloses potential conflicts of interest related to compensation arrangements. They do not have custody of client funds and maintain safeguards in line with SEC regulations.