Review Services provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Review Services reports 173 clients. They include 94 high-net-worth individuals and 79 individual clients. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $227M across 768 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 46% | 20% |
| High-net-worth individuals | 54% | 80% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 79 | $44.5M | 19.6% | $563K |
| High-net-worth individuals | 94 | $183M | 80.4% | $1.95M |
| Total | 173 | $227M | 100% | $1.31M |
- Clients
- 79
- Regulatory AUM
- $44.5M
- AUM share
- 19.6%
- Avg. per client
- $563K
- Clients
- 94
- Regulatory AUM
- $183M
- AUM share
- 80.4%
- Avg. per client
- $1.95M
Total
- Clients
- 173
- Regulatory AUM
- $227M
- AUM share
- 100%
- Avg. per client
- $1.31M
- 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
Review Services charges 0.50%–1.00% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $4,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.75% |
| $2M and above | 0.50% |
Fee details and sources
Other fees
- Annual financial planning fee
- An annual fee of $500 covers financial planning reviews, tax planning meetings and other issues during the year.
- Consulting services
- Quoted as a flat fee per engagement, or billed hourly at $100 to $300 per hour, with a negotiated down payment.
Patricia Kiefer owns 50% to 75% of Review Services. The leadership team of Review Services includes President Patricia Kiefer and Chief Compliance Officer Tim Konicke. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Review Services Inc
Patricia Kiefer
Control person · since April 1987
- Owns 50% to 75% of Review Services Inc
Tim Konicke
Control person · since April 1987
Review Services’ regulatory assets grew from $157M (May 2021) to $227M (April 2026); clients were 173 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $227M | 173 | 3 | 1 |
| May 2025May 2025 | $189M | 171 | 3 | 1 |
| May 2024May 2024 | $177M | 174 | 3 | 1 |
| May 2023May 2023 | $159M | 179 | 3 | 1 |
| May 2022May 2022 | $172M | 182 | 3 | 1 |
| May 2021May 2021 | $157M | 178 | 3 | 1 |
Besides its headquarters, Review Services has 0 offices, with 1 listed address in 1 state.
Wisconsin · 1 listed address
- 13255 West Bluemound Road, Suite 205, BrookfieldHQ
Contact and registration details
- Legal name
- Review Services Inc
- Headquarters
- 13255 West Bluemound Road, Suite 205, Brookfield, WI 53005
- Website
- reviewservicesinc.com
- Phone
- 262-784-9690
- @review-services-inc.
- SEC file
- 801-39487
- Founded
- 1991
- Structure
- Wisconsin corporation
- Fiscal year end
- March
Review Services’ named custodian for separately managed accounts is Charles Schwab ($207M). Review Services has custody of $37.7M for 85 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $207M100%
At year end, Review Services’ separately managed accounts were mostly in funds (85%).
What the accounts hold
- Stocks6%
- Funds85%
- Cash7%
- Other2%
- Fixed & variable annuities, life insurance2%
How many clients does Review Services have?
Review Services has 173 clients and manages $227 million for them, as of April 2026. They include 94 high-net-worth individuals and 79 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 April 2026
What services does Review Services offer?
Review Services provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning.
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 Review Services charge?
Review Services charges 0.50%–1.00% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $4,000 annual minimum.
Which custodians does Review Services use?
Review Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $207M. 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 April 2026
How many financial advisors does Review Services have?
Review Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Review Services invest in?
At the end of its last fiscal year, Review Services’ separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 6% exchange-traded equities and 2% other. The 2% other category is described as: Fixed & Variable Annuities, Life Insurance.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Review Services?
Review Services’ direct owners are Patricia Kiefer (50% to 75%) and Tim Konicke (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 April 2026
How does Review Services get paid?
Review Services 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 Review Services?
Review Services’ main office is at 13255 West Bluemound Road, Suite 205, Brookfield, WI 53005. Its phone number is 262-784-9690. Its website is reviewservicesinc.com.
