{
  "crd_number": 306474,
  "slug": "626-financial-llc-portage-mi-306474",
  "primary_business_name": "626 FINANCIAL, LLC",
  "legal_name": "626 FINANCIAL, LLC",
  "dbas": [],
  "city": "Portage",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "28020",
  "metro": {
    "cbsa_code": "28020",
    "common_name": "Kalamazoo",
    "msa_name": "Kalamazoo-Portage, MI",
    "path": "/advisors/mi/kalamazoo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-01-22",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-08-18",
  "carried_forward": false,
  "raum_total": 379600318.0,
  "raum_discretionary": 376538034.0,
  "raum_non_discretionary": 3062284.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 180250.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 98875553.0,
      "count": 329
    },
    "pension_profit_sharing": {
      "raum": 3062284.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 277466650.0,
      "count": 122
    },
    "corporations_other_businesses": {
      "raum": 15581.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "IL",
    "LA",
    "MI",
    "NC",
    "NH",
    "OR",
    "SC",
    "TX",
    "WI"
  ],
  "websites": [
    "https://626financial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306474",
  "city_as_filed": "PORTAGE",
  "url": "https://advisorcensus.com/firm/626-financial-llc-portage-mi-306474",
  "display_name": "626 Financial, LLC",
  "summary": "626 Financial, LLC is an SEC-registered investment advisory firm in Portage, MI, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 18, 2026.",
  "citation": "AdvisorCensus. 626 Financial, LLC (CRD 306474): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is 626 Financial, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), 626 Financial, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does 626 Financial, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 12, 2026 states: Asset-based fee: 0.6% to 1.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is 626 Financial, LLC located?",
      "a": "626 Financial, LLC's principal office is in Portage, MI, according to its Form ADV."
    },
    {
      "q": "Is 626 Financial, LLC registered with the SEC or a state?",
      "a": "626 Financial, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 306474."
    },
    {
      "q": "How much does 626 Financial, LLC manage?",
      "a": "626 Financial, LLC reports $379,600,318 in regulatory assets under management in its Form ADV filing dated August 18, 2026 (99% discretionary)."
    },
    {
      "q": "How have 626 Financial, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for 626 Financial, LLC: Regulatory assets under management: $115,030,000 in the October 2021 data and $379,600,318 in the October 2026 data, up 230%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does 626 Financial, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (329); high net worth individuals (122)."
    },
    {
      "q": "Which custodians does 626 Financial, LLC use?",
      "a": "626 Financial, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does 626 Financial, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/306474"
    },
    {
      "q": "Does 626 Financial, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 12, 2026 says: \"626 Financial generally does not impose a minimum relationship size.\""
    },
    {
      "q": "What changed in 626 Financial, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in NC."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 115030000.0,
      "total_employees": 5,
      "filing_date": "2021-05-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 291768000.0,
      "total_employees": 6,
      "filing_date": "2022-04-05"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 260977856.0,
      "total_employees": 5,
      "filing_date": "2023-03-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 287205847.0,
      "total_employees": 5,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 326426686.0,
      "total_employees": 5,
      "filing_date": "2025-06-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 379600318.0,
      "total_employees": 5,
      "filing_date": "2026-08-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in NC."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $326,426,686 to $379,600,318 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 12, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.6% to 1.25% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.6% to 1.25% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Wealth management fees range from 0.60% to 1.25% annually based on several factors, including the level of assets to be managed, the complexity of the services provided, and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "626 Financial generally does not impose a minimum relationship size."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.6,
        1.25
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Wealth management fees range from 0.60% to 1.25% annually based on several factors, including the level of assets to be managed, the complexity of the services provided, and the overall relationship with the Advisor.",
      "626 Financial generally does not impose a minimum relationship size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/626-financial-llc-portage-mi-306474.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 329,
      "fewer_than_5": false,
      "raum": 98875553.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 122,
      "fewer_than_5": false,
      "raum": 277466650.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3062284.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 180250.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 15581.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306474",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}