Professional Financial Solutions provides financial planning, portfolio management for individuals and small businesses, and retirement plan services. Financial planning was provided to 11–25 clients last fiscal year.
Professional Financial Solutions reports 279 clients. They include 142 individual clients and 137 high-net-worth individuals. Of its assets, 94.6% ($387M across 880 accounts) are managed with discretion; $22.3M across 31 accounts are not. It advised 13 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 15% |
| High-net-worth individuals | 49% | 85% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 142 | $60.4M | 14.7% | $425K |
| High-net-worth individuals | 137 | $349M | 85.2% | $2.55M |
| Charitable organizations | Fewer than 5 | $316 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $391K | 0.1% | — |
| Total | 279 | $410M | 100% | — |
- Clients
- 142
- Regulatory AUM
- $60.4M
- AUM share
- 14.7%
- Avg. per client
- $425K
- Clients
- 137
- Regulatory AUM
- $349M
- AUM share
- 85.2%
- Avg. per client
- $2.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $316
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $391K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 279
- Regulatory AUM
- $410M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 13
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Professional Financial Solutions charges 0.25%–1.00% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in arrears. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.50% |
| $2M and above | 0.25% |
Fee details and sources
Other fees
- Consulting
- Consulting is charged $200 to $500 an hour, with a cost estimate before work starts; the fee is due on completion of the project.
- Financial Planning
- Financial planning is a fixed fee generally from $2,000 to $5,000; $500 is paid at signing, 60% when the draft plan is presented and the balance on completion.
Michael McLenigan owns 25% to 50% of Professional Financial Solutions. The leadership team of Professional Financial Solutions includes Chief Compliance Officer Michael McLenigan. It has 8 employees, 6 of them in advisory roles.
Leadership
- Michael McLeniganManaging Member/Chief Compliance Officer
- Robert CopelandMember
- Andrew CroweMember
- Jennifer DennerMember
- Emily McLeniganMember
- Megan NapierMember
- Renee SewallMember
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 25% to 50% of Professional Financial Solutions, LLC
Michael McLenigan
Control person · since April 1997
- Owns 25% to 50% of Professional Financial Solutions, LLC
Renee Sewall
Control person · since September 2016
- Owns 10% to 25% of Professional Financial Solutions, LLC
Andrew Crowe
since January 2022
- Owns 10% to 25% of Professional Financial Solutions, LLC
Robert Copeland
since January 2022
- Owns 5% to 10% of Professional Financial Solutions, LLC
Megan Napier
since September 2016
- Owns 5% to 10% of Professional Financial Solutions, LLC
Emily McLenigan
since January 2026
Professional Financial Solutions’ regulatory assets grew 2.1× from $192M (February 2021) to $410M (February 2026); clients rose from 236 to 279 and employees from 6 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $410M | 279 | 8 | 1 |
| March 2025 | $330M | 272 | 7 | 1 |
| July 2024 | $286M | 269 | 7 | 1 |
| March 2023 | $229M | 259 | 6 | 1 |
| March 2022 | $249M | 247 | 6 | 1 |
| February 2021 | $192M | 236 | 6 | 1 |
Besides its headquarters, Professional Financial Solutions has 0 offices, with 1 listed address in Virginia.
Virginia · 1 listed address
- 10517a West Drive, FairfaxHQ
Contact and registration details
- Legal name
- Professional Financial Solutions, LLC
- Headquarters
- 10517a West Drive, Fairfax, VA 22030-8144
- Website
- profinancialsolutions.com
- Phone
- 703-385-0870
- SEC file
- 801-106802
- Founded
- 1997
- Structure
- Virginia LLC
- Fiscal year end
- December
Professional Financial Solutions uses Charles Schwab ($407M) as custodian for its separately managed accounts. Professional Financial Solutions has custody of $150M in client assets for 269 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $407M100%
At year end, Professional Financial Solutions’ separately managed accounts were mostly in funds (63%) and stocks (31%).
What the accounts hold
- Stocks31%
- Funds63%
- Cash6%
How many clients does Professional Financial Solutions have?
Professional Financial Solutions has 279 clients and manages $410 million for them, as of February 2026. They include 142 individual clients and 137 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 February 2026
What services does Professional Financial Solutions offer?
Professional Financial Solutions provides financial planning, portfolio management for individuals and small businesses, and retirement plan services.
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 Professional Financial Solutions charge?
Professional Financial Solutions charges 0.25%–1.00% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in arrears.
Which custodians does Professional Financial Solutions use?
Professional Financial Solutions’ separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $407M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 February 2026
How many financial advisors does Professional Financial Solutions have?
Professional Financial Solutions has 6 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 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 Professional Financial Solutions invest in?
At the end of its last fiscal year, Professional Financial Solutions’ separately managed accounts held 63% registered funds (mutual funds, ETFs, BDCs), 31% exchange-traded equities and 6% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Professional Financial Solutions?
Professional Financial Solutions’ direct owners are Michael McLenigan, Renee Sewall, Megan Napier, Andrew Crowe, Robert Copeland and Emily McLenigan, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 6 February 2026
How does Professional Financial Solutions get paid?
Professional 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
Is Professional Financial Solutions registered with the SEC?
Yes, Professional Financial Solutions has been registered with the SEC as an investment adviser since 2 November 2015. Its CRD number is 114957 and its SEC file number is 801-106802.
Source: Form ADV Part 1A, Item 1, filed 6 February 2026; IAPD firm record
How do I contact Professional Financial Solutions?
Professional Financial Solutions’ main office is at 10517a West Drive, Fairfax, VA 22030-8144. Its phone number is 703-385-0870. Its website is profinancialsolutions.com.