Goverman Financial Solutions provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 251–500 clients last fiscal year.
Goverman Financial Solutions reports 270 clients. They include 190 individual clients and 80 high-net-worth individuals. Of its assets, 100.0% ($172M across 570 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 24% |
| High-net-worth individuals | 30% | 76% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 190 | $40.4M | 23.5% | $213K |
| High-net-worth individuals | 80 | $131M | 76.5% | $1.64M |
| Total | 270 | $172M | 100% | $637K |
- Clients
- 190
- Regulatory AUM
- $40.4M
- AUM share
- 23.5%
- Avg. per client
- $213K
- Clients
- 80
- Regulatory AUM
- $131M
- AUM share
- 76.5%
- Avg. per client
- $1.64M
Total
- Clients
- 270
- Regulatory AUM
- $172M
- AUM share
- 100%
- Avg. per client
- $637K
- 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
- 251–500
Goverman Financial Solutions charges 0.75%–1.50% a year for its Investment Advisory. The fee is billed in advance, is negotiable and requires an account of at least $200,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed at $300 an hour, non-negotiable, or at an agreed fixed fee; existing advisory clients generally receive it at no additional charge.
Brett Goverman owns 75% or more of Goverman Financial Solutions. The leadership team of Goverman Financial Solutions includes Chief Compliance Officer Brett Goverman. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Goverman Financial Solutions, LLC
Brett Goverman
Control person · since May 2023
Goverman Financial Solutions’ regulatory assets grew from $138M (March 2022) to $172M (April 2026); clients rose from 235 to 270 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $172M | 270 | 2 | 1 |
| Mar 2025March 2025 | $156M | 260 | 2 | 1 |
| Mar 2024March 2024 | $132M | 251 | 2 | 1 |
| Aug 2023August 2023 | $118M | 249 | 2 | 1 |
| Mar 2022March 2022 | $138M | 235 | 2 | 1 |
Besides its headquarters, Goverman Financial Solutions has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 990 Washington Street, Suite 317, DedhamHQ
Contact and registration details
- Legal name
- Goverman Financial Solutions, LLC
- Headquarters
- 990 Washington Street, Suite 317, Dedham, MA 02026
- Phone
- 781-251-0505
- SEC file
- 801-121840
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Goverman Financial Solutions’ named custodian for separately managed accounts is Charles Schwab ($149M). Goverman Financial Solutions has custody of $120M for 204 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $149M100%
At year end, Goverman Financial Solutions’ separately managed accounts were mostly in funds (62%).
What the accounts hold
- Stocks1%
- Funds62%
- Cash1%
- Other36%
- Exchange traded funds (etfs) 34 %, variable annuities 2%36%
How many clients does Goverman Financial Solutions have?
Goverman Financial Solutions has 270 clients and manages $172 million for them, as of April 2026. They include 190 individual clients and 80 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 April 2026
What services does Goverman Financial Solutions offer?
Goverman Financial Solutions provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Goverman Financial Solutions charge?
Goverman Financial Solutions charges 0.75%–1.50% a year for its Investment Advisory. The fee is billed in advance, is negotiable and requires an account of at least $200,000.
Source: FINANCIAL SOLUTIONS ASSOCIATES - FORM ADV PART 2 3-21-2024, filed 25 March 2026
Which custodians does Goverman Financial Solutions use?
Goverman Financial Solutions’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $149M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 April 2026
How many financial advisors does Goverman Financial Solutions have?
Goverman Financial Solutions has 2 investment adviser representatives registered with state securities authorities, out of 2 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 Goverman Financial Solutions invest in?
At the end of its last fiscal year, Goverman Financial Solutions’ separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 36% other, 1% exchange-traded equities and 1% cash and equivalents. The 36% other category is described as: Exchange Traded Funds (Etfs) 34 %, Variable Annuities 2%.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Goverman Financial Solutions have a minimum investment?
Yes, Goverman Financial Solutions’ minimum account size for its Investment Advisory is $200K.
Source: FINANCIAL SOLUTIONS ASSOCIATES - FORM ADV PART 2 3-21-2024, filed 25 March 2026
Who owns Goverman Financial Solutions?
Goverman Financial Solutions’ direct owner is Brett Goverman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 April 2026
How does Goverman Financial Solutions get paid?
Goverman Financial Solutions is paid through a percentage of assets under management, hourly charges 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 Goverman Financial Solutions?
Goverman Financial Solutions’ main office is at 990 Washington Street, Suite 317, Dedham, MA 02026. Its phone number is 781-251-0505. Its website is govermanfinancialsolutions.net.