Overview
A. Description of the Advisory Firm
Disciplined Portfolio Solutions LLC is a Limited Liability Company organized in the
state of New York.
This firm has been in business since December 2011, and the principal owner is Philip
Sparacino.
B. Types of Advisory Services
Disciplined Portfolio Solutions LLC (hereinafter “DPS”) offers the following services to
advisory clients:
Investment Supervisory Services
DPS offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. DPS creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan (the Investment Policy
Statement) to aid in the selection of a portfolio that matches each client’s specific situation.
Investment Supervisory Services include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
DPS evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. Risk tolerance levels are documented in the Investment Policy
Statement, which is given to each client.
Financial Planning
Financial plans and financial planning may include but are not limited to: investment
planning; life insurance; tax concerns; retirement planning; education planning; and
debt/credit planning.
Services Limited
to Specific Types of Investments
DPS generally limits its money management to mutual funds, equities, bonds, fixed
income, debt securities, ETFs, REITs, and government securities. DPS may use other
securities as well to help diversify a portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
DPS offers the same suite of services to all of its clients. However, specific client financial
plans and their implementation are dependent upon the client Investment Policy
Statement which outlines each client’s current situation (income, tax levels, and risk
tolerance levels) and is used to construct a client specific plan to aid in the selection of a
portfolio that matches restrictions, needs, and targets.
Clients may impose restrictions in investing in certain securities or types of securities in
accordance with their values or beliefs. However, if the restrictions prevent DPS from
properly servicing the client account, or if the restrictions would require DPS to deviate
from its standard suite of services, DPS reserves the right to end the relationship.
D. Wrap Fee Programs
A wrap fee program is an investment program where the investor pays one stated fee that
includes management fees, transaction costs, fund expenses, and any other administrative
fees. DPS DOES NOT participate in any wrap fee programs.
E. Amounts Under Management
DPS has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$20,753,095.00 $124,779,385.00 December 2022