{
  "crd_number": 330232,
  "slug": "fundamental-investment-services-llc-330232",
  "primary_business_name": "FUNDAMENTAL INVESTMENT SERVICES, LLC",
  "legal_name": "FUNDAMENTAL INVESTMENT SERVICES, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-04-26",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-08-31",
  "carried_forward": false,
  "raum_total": 12230738.0,
  "raum_discretionary": 12230738.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 12230738.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://myfundamental.net/solutions"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330232",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/fundamental-investment-services-llc-330232",
  "display_name": "Fundamental Investment Services, LLC",
  "summary": "Fundamental Investment Services, LLC is an SEC-registered investment advisory firm, registered since 2024, reporting under $25 million in regulatory assets under management in its Form ADV filing dated August 31, 2026.",
  "citation": "AdvisorCensus. Fundamental Investment Services, LLC (CRD 330232): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Fundamental Investment Services, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fundamental Investment Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Fundamental Investment Services, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 31, 2026 states: Flat fee: $50,000 to $200,000 a year (financial consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Fundamental Investment Services, LLC registered with the SEC or a state?",
      "a": "Fundamental Investment Services, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330232."
    },
    {
      "q": "How much does Fundamental Investment Services, LLC manage?",
      "a": "Fundamental Investment Services, LLC reports $12,230,738 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Fundamental Investment Services, LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Fundamental Investment Services, LLC: Regulatory assets under management: $33,790,758 in the October 2024 data and $12,230,738 in the October 2026 data, down 64%. Total employees: 3 in October 2024 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Fundamental Investment Services, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1)."
    },
    {
      "q": "Does Fundamental Investment Services, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/330232"
    },
    {
      "q": "What changed in Fundamental Investment Services, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 1 to 2. Regulatory assets under management went from $38,368,062 to $12,230,738 (-68%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 33790758.0,
      "total_employees": 3,
      "filing_date": "2024-08-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 38368062.0,
      "total_employees": 3,
      "filing_date": "2025-02-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12230738.0,
      "total_employees": 2,
      "filing_date": "2026-08-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 1 to 2.",
        "Regulatory assets under management went from $38,368,062 to $12,230,738 (-68%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $50,000 to $200,000 a year (financial consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $50,000 to $200,000 a year (financial consulting services)"
        ],
        "quotes": [
          "We charge a fixed fee for financial consulting services. Fixed fees are negotiable and range from $50,000 - $200,000 annually, depending on the scope and complexity of services rendered."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 50000.0,
          "max": 200000.0,
          "period": "annual",
          "service": "financial consulting services"
        }
      ]
    },
    "quotes": [
      "We charge a fixed fee for financial consulting services. Fixed fees are negotiable and range from $50,000 - $200,000 annually, depending on the scope and complexity of services rendered."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/fundamental-investment-services-llc-330232.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1,
      "fewer_than_5": true,
      "raum": 12230738.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330232",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}