Key Executives

Frederick D. Fischer

President/Chief Investment Officer

Investment Career Experience: 1988
Investment Experience with Firm: 1988

Frederick D. Fischer is the founder and President of Fischer Financial Services, Inc.  Mr. Fischer is the Chief Investment Officer and serves as head of the firm’s investment committee.

Mr. Fischer earned his Bachelor of Science in Business Economics with a concentration in Finance from Purdue University in 1973. He also earned a Master of Science in Management (i.e. M.B.A) from Purdue University in 1975. He was born June 5, 1951.

He began his career at AMP, Inc. as an Analyst. He held various positions of increased responsibility in operations and, finally, as Manager of Strategic Planning 1977-1988. Mr. Fischer left AMP, Inc. on June 30, 1988 to launch Fischer Financial Services, Inc.

Over the past 35 years, Mr. Fischer has addressed the PA Bar Association, PA Optometric Association, PA Podiatric Medical Association Board of Directors, Ohio College of Podiatric Medicine, Pittsburgh Theological Seminary, PEER Network Conference, Harrisburg Dental Association, Pennsylvania Dental Association Board of Directors, Management of the Harrisburg Senators, and PA State Senate.

Mr. Fischer has been quoted in the Patriot News, Community Review, Business Month, and USA Today. During 2003, Frederick D. Fischer became a registered Player Financial Advisor to the NFL. In addition to giving to numerous charities financially, Mr. Fischer also serves on the Investment Committee of the Foundation of Enhancing Communities and the Keystone Human Services Investment Committee. He has served on the Board of the Leukemia & Lymphoma Society and is currently an Emeritus Member. Mr. Fischer has been a Board Member and Treasurer of the Silence of Mary Home from 2005 to 2018. In addition, he serves as Chair of the Investment Committee for Keystone Human Services.  Mr. Fischer has also served  on the Salvation Army Advisory Board.

Occasionally, Mr. Fischer has served as an expert witness in arbitration proceedings to assist individuals who have been wronged by stockbrokers.

William B. Angino, Chartered Financial Analyst

Executive Vice President/Chief Compliance Officer

Investment Career Experience: 1989
Investment Experience with Firm: 1989

William B. Angino joined the workforce in 1989 as Manager of Compliance and Administration at Fischer Financial Services, Inc. Professional development has included various other duties of increased responsibility over the years. He currently serves as Executive Vice President, Chief Compliance Officer, and a member of the investment committee. Present responsibilities encompass compliance, administration, IT design, investment management, and research.

Mr. Angino’s range of proficiencies include problem resolution, business management, investment theory, and computer systems integration. A mastery of essential practical knowledge starts with a Bachelor of Science degree in Industrial Management from Carnegie Mellon University. This course work included a concentration in finance and investment theory. The completion of the CFA Program in 2021 provides for a more specialized body of knowledge.

Mr. Angino is an investment adviser representative for Fischer Financial Services, Inc., which includes passing NASAA Investment Advisors Law Examination (Series 65).

Thomas K. Baldwin, CFP®

Vice President of Client Services

Investment Career Experience: 2004
Investment Experience with Firm: 2004

Thomas K. Baldwin is the Vice President of Client Services at Fischer Financial Services Inc. and a member of the investment committee. He began his employment at the firm in June 2004.

Mr. Baldwin is a CERTIFIED FINANCIAL PLANNER™ and specializes in investment management for individuals and institutions.  He also serves as the key contact for all administrative and service related matters. Prior to joining Fischer Financial Services, Inc., he was employed for 15 years at Lanier Worldwide, Inc. in various sales and management positions. His most recent position was that of Major Account Manager, and his responsibilities included the development of business in Major, National, and Government Accounts.

Mr. Baldwin earned his Bachelor’s degree from the University of Maryland, College Park, MD.  He also received a Certificate in Financial Planning from New York University School of Professional Studies.  He is an investment adviser representative of Fischer Financial Services, Inc. and has passed the NASAA Investment Advisors Law Examination (Series 65).


Client Services Team

Lauren E. Berrios

Investment & Client Services Coordinator

Lauren E. Berrios joined Fischer Financial Services, Inc. in 2021. Her role is Investment & Client Services Coordinator. Lauren wanted to pursue a career that helps others, and she knew that could be possible working for a financial firm that helps people achieve their financial goals. Her role is both behind the scenes investment support and client services.

Lauren assists the Investment Committee in research for current investments and investment opportunities for the firm. If she’s not doing research, you may have spoken to her on the phone or corresponded with her through email assisting in client services here at Fischer. Lauren is an investment adviser representative of Fischer Financial Services, Inc. and has passed the NASAA Investment Advisors Law Examination (Series 65).

It has been a great experience for Lauren to join the Fischer Financial Services, Inc. team. When she is not in the office, you can find her in the garden with her husband and dog. They also raise bees and chickens on their family farm.


Karen P. Yohe

Account Coordinator

Karen P. Yohe has been with Fischer Financial Services, Inc. since 2009.  In her role as Account Coordinator, Karen facilitates quality control of client account transactions, assists with client services, and processes client invoicing.  In addition, Karen enjoys helping clients with technology questions as they navigate the latest virtual options for account access and document completion.

In an effort to provide convenient and direct access for notary services to clients, Karen maintains her Commonwealth of Pennsylvania State Notary Commission.  Karen also holds a certification as an Accredited Asset Management Specialist (ASMS) from the College for Financial Planning.

Karen appreciates the team atmosphere of Fischer Financial Services, Inc. and values the specialized services provided to the clients.  For instance, Karen states, “When you call our office, we do not have a phone tree that you have to navigate.  We are the tree, and you will be greeted by a live person during office hours, and that’s special.”

In addition to work, Karen enjoys time outside.  Whether it’s walking, grilling out, spending time with family and friends, attending church, or watching a movie with her daughter, these are a few of her favorite pastimes.

Investment Resources

Gary C. Sanger, Ph.D., CFA

Vita – February 2022

Gary C. Sanger is Distinguished Professor of Finance and Director of the SMART Lab at the E.J. Ourso College of Business at Louisiana State University. Prior to joining LSU he was assistant professor of finance at The Ohio State University. He received the BSIM degree from Purdue University in 1973, with honors in economics, and his Ph.D. in Finance from Purdue in 1980. Dr. Sanger also holds the Chartered Financial Analyst (CFA®) designation.

Prior to his current position, Dr Sanger was Associate Dean for Academic Programs in the Ourso College. He also served as Chair of the Department of Finance. His research has been published in leading academic journals including The Journal of Finance, Journal of Financial and Quantitative Analysis, The Review of Financial Studies and Financial Analysts Journal. His research interests include investment and corporate finance, including the structure and performance of securities markets, asset pricing, portfolio management, corporate governance and initial public offerings.

Dr. Sanger is a member of the American Finance Association, CFA Institute, the Financial Management Association, and the Society for Financial Studies. He is currently President of the Southern Finance Association, and is a past Director of the Southern Finance Association. Dr. Sanger received the 2010 C. Stewart Sheppard Award for outstanding contributions to the CFA Institute.

Dimensional Fund Advisors

Fischer Financial Services, Inc. is an approved adviser through Dimensional Fund Advisors (DFA), headquartered in Santa Monica, California. DFA’s investment strategies are guided by an abiding belief in financial science and the efficiency of capital markets. To learn more about DFA, please call our office at 1-888-886-1902 or visit