Asset Planning Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate planning, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Asset Planning Services reports 148 clients. They include 73 individual clients, 68 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 88.6% ($324M across 410 accounts) are managed with discretion; $41.8M across 106 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 8% |
| High-net-worth individuals | 46% | 90% |
| Pension and profit-sharing plans | 3% | 1% |
| Corporations and other businesses | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 73 | $27.9M | 7.6% | $382K |
| High-net-worth individuals | 68 | $328M | 89.8% | $4.83M |
| Pension and profit-sharing plans | Fewer than 5 | $5.44M | 1.5% | $1.36M |
| Corporations and other businesses | Fewer than 5 | $4.12M | 1.1% | $1.37M |
| Total | 148 | $366M | 100% | — |
- Clients
- 73
- Regulatory AUM
- $27.9M
- AUM share
- 7.6%
- Avg. per client
- $382K
- Clients
- 68
- Regulatory AUM
- $328M
- AUM share
- 89.8%
- Avg. per client
- $4.83M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.44M
- AUM share
- 1.5%
- Avg. per client
- $1.36M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.12M
- AUM share
- 1.1%
- Avg. per client
- $1.37M
Total
- Clients
- 148
- Regulatory AUM
- $366M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Asset Planning Services charges up to 1.50% a year for its Ongoing investment management. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Flat-fee planning and tax services
- Business, financial or retirement planning, accounting and tax return preparation may be quoted a flat dollar fee instead of a percentage; no amount is stated.
Claude Duet owns 75% or more of Asset Planning Services. The leadership team of Asset Planning Services includes President Claude Duet. It has 5 employees, 2 of them in advisory roles.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Asset Planning Services Inc
Claude Duet
Control person · since June 1979
- Owns 75% or more of Asset Planning Services Inc
Brenda Duet
Control person · since June 1987
Asset Planning Services’ regulatory assets grew from $279M (July 2021) to $366M (February 2026); clients fell from 184 to 148 and employees from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $366M | 148 | 5 | 1 |
| Feb 2025February 2025 | $346M | 160 | 4 | 1 |
| Feb 2024February 2024 | $290M | 163 | 5 | 1 |
| Feb 2023February 2023 | $279M | 164 | 6 | 1 |
| Feb 2022February 2022 | $314M | 175 | 6 | 1 |
| Jul 2021July 2021 | $279M | 184 | 6 | 1 |
Besides its headquarters, Asset Planning Services has 0 offices, with 1 listed address in 1 state.
Louisiana · 1 listed address
- 509 W. 21st Avenue, CovingtonHQ
Contact and registration details
- Legal name
- Asset Planning Services Inc
- Headquarters
- 509 W. 21st Avenue, Covington, LA 70433
- Website
- Not reported
- Phone
- 985-867-8679
- SEC file
- 801-29419
- Founded
- 1979
- Structure
- Louisiana corporation
- Fiscal year end
- December
Asset Planning Services’ named custodian for separately managed accounts is Charles Schwab ($339M). Asset Planning Services has custody of $9.29M for 2 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $339M100%
At year end, Asset Planning Services’ separately managed accounts were mostly in stocks (62%) and funds (15%).
What the accounts hold
- Stocks62%
- Funds15%
- Bonds9%
- Investment grade corporate bonds5%
- U.S. government and agency bonds4%
- Cash14%
How many clients does Asset Planning Services have?
Asset Planning Services has 148 clients and manages $366 million for them, as of February 2026. They include 73 individual clients, 68 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 February 2026
What services does Asset Planning Services offer?
Asset Planning Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, estate planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Asset Planning Services charge?
Asset Planning Services charges up to 1.50% a year for its Ongoing investment management. The fee is billed in arrears and is negotiable.
Which custodians does Asset Planning Services use?
Asset Planning Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $339M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 February 2026
How many financial advisors does Asset Planning Services have?
Asset Planning Services has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Asset Planning Services invest in?
At the end of its last fiscal year, Asset Planning Services’ separately managed accounts held 62% exchange-traded equities, 15% registered funds (mutual funds, ETFs, BDCs), 14% cash and equivalents, 5% investment grade corporate bonds and 4% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Asset Planning Services?
Asset Planning Services’ direct owners are Claude Duet (75% or more) and Brenda Duet (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 February 2026
How does Asset Planning Services get paid?
Asset Planning Services is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Asset Planning Services?
Asset Planning Services’ main office is at 509 W. 21st Avenue, Covington, LA 70433. Its phone number is 985-867-8679.