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, LPL Financial, or Inspira Financial.

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 $10.31 trillion of total client assets managed at over 300 branches. Your Charles Schwab account can be viewed HERE at any time.

As the nation’s largest independent broker-dealer, LPL holds over $1.76 trillion of total client assets with the help of its over 7,000 employees. Your LPL account can be viewed HERE at any time.

Inspira Financial* holds more than $62 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 Inspira 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.

*Inspira Financial 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. Inspira Financial performs the duties of a directed custodian for IRAs and other custodial accounts.

© 2024 Inspira Financial is the brand name used for products and services provided by one or more of the Inspira Financial group of companies, including Inspira Financial Trust, LLC (formerly known as Millennium Trust Company, LLC) and Inspira Financial Health, Inc. (formerly known as PayFlex Systems USA, Inc.). Retirement and custody services are provided by Inspira Financial Trust, LLC and consumer directed benefits are administered by Inspira Financial Health, Inc. Inspira Financial Trust, LLC and Inspira Financial Health, Inc. are affiliates. Inspira Financial Trust, LLC and its affiliates perform the duties of a directed custodian and/or an administrator of consumer-directed benefits and, as such, do not provide due diligence to third parties on prospective investments, platforms, sponsors, or service providers, and do not offer or sell investments or provide investment, tax, or legal advice. Inspira and Inspira Financial are trademarks of Inspira Financial Trust, LLC..