George M. Spino, MBA, CHFC Managing Principal & Investment Advisor Representative Financial Benefit Services Corporation

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1 Part 2B of Form ADV: Brochure Supplement Item 1 Cover Page George M. Spino, MBA, CHFC Managing Principal & Investment Advisor Representative Financial Benefit Services Corporation 2401 Congress Street, Unit 3, Portland, Maine (207) Phone ~ (800) Toll Free ~ (207) Fax This brochure supplement provides information about George M. Spino that supplements the Financial Benefit Services Corporation brochure. You should have received a copy of that brochure. Please contact Denise Lemieux, Office Manager, if you did not receive Financial Benefit Services Corporation s brochure or if you have any questions about the contents of this supplement. Additional information about Financial Benefit Services Corporation also is available on the SEC s website at Updated 2/3/2011

2 Item 2 Educational Background and Business Experience Education: Bachelor of Science in Education from the University of Rhode Island; M.B.A. in Business Administration from Bryant College; Exams Passed: Series 7 General Securities Representative; Series 24 General Securities Principal; Series 51 Municipal Fund Securities Principal; and Series 63 State Law Exam. Business Background & Current Positions: Founded Financial Benefit Services Corporation 03/1985 to present; Registered Representative for Raymond James Financial Services, Inc. 09/05/2001 to present; Branch Manager for Branch 6TU Raymond James Financial Services, Inc; Adjunct Faculty Member at the University of Southern New Hampshire; Chartered Financial Consultant (ChFC) - The ChFC designation provides comprehensive coverage and course work of the key financial planning disciplines, including insurance, income taxation, retirement planning, investments, and estate planning. A total of nine courses must be completed by passing an exam after completing the required course work;

3 Item 3 Disciplinary Information There is no disciplinary information on file.

4 Item 4 Other Business Activities Investment adviser representatives of Financial Benefit Services Corporation are registered representatives of Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, which is a wholly owned subsidiary of Raymond James Financial, Inc. RJFS clears its securities transactions on a fully disclosed basis through Raymond James & Associates, Inc. (member NYSE), which is a wholly owned subsidiary of Raymond James Financial, Inc. Notwithstanding the fact that principals and associates of the adviser may be registered representatives of RJFS, the adviser is solely responsible for investment advice rendered. Advisory services are provided separately and independently of the broker/dealer. Sales of Life and Health Insurance & Annuities. The individual officers hold various brokerage and producer appointments with various insurance companies - 5% of activities. Sales of investment based security products; stocks, bonds, mutual funds, variable life and annuity programs through Raymond James Financial Services, Inc. - 15% of activities. Investment advisory services for providing asset based managed accounts through Raymond James Financial Services, Inc. - 80% of activities. Investment Advisory Representatives of Financial Benefit Services Corporation are registered representatives of Raymond James Financial Services, Inc. and may receive commissions on securities transactions. Approximately 20% of their time is spent in this capacity. Notwithstanding the fact that these associates are registered representatives of Raymond James Financial Services, Inc., the Adviser is solely responsible for the investment advice rendered. Advisory services are provided separately and independently of the broker-dealer.

5 Item 5 Additional Compensation Investment Advisory Representatives of Financial Benefit Services Corporation are registered representatives of Raymond James Financial Services, Inc. and may receive commissions on securities transactions. Approximately 70% of their time is spent in this capacity. Notwithstanding the fact that these associates are registered representatives of Raymond James Financial Services, Inc., the Adviser is solely responsible for the investment advice rendered. Advisory services are provided separately and independently of the broker-dealer. We do receive commission on insurance products (including variable products) placed through various companies.

6 Item 6 Supervision George M. Spino is the Managing Principal of Financial Benefit Services Corporation. Mr. Spino s Financial Plans are reviewed by another Investment Advisor Representative of Financial Benefit Services Corporation. This review is done prior to that information being presented to the client. The Investment Advisor Representatives may be contacted by: mail at 2401 Congress Street, Unit 3, Portland, ME 04102; or telephone at or

7 Item 7 Requirements for State-Registered Advisers No liability or bankruptcy petitions are on file.

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