# AAF Wealth Management, LLC

> AAF Wealth Management, LLC is an SEC-registered investment advisory firm in Westborough, MA, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 164646
- Filed as: AAF WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westborough, MA
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164646
- AdvisorCensus page: https://advisorcensus.com/firm/aaf-wealth-management-llc-westborough-ma-164646

## Quick answers

**How is AAF Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), AAF Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does AAF Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 5, 2026 states: Hourly rate: $350 an hour (financial planning and consulting services for financial advisors); Hourly rate: $150 an hour (financial planning and consulting services for para-planners); Hourly rate: $75 an hour (financial planning and consulting services for administrative time); Flat fee: $1,500 to $10,000 (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is AAF Wealth Management, LLC located?**
AAF Wealth Management, LLC's principal office is in Westborough, MA, according to its Form ADV.

**Is AAF Wealth Management, LLC registered with the SEC or a state?**
AAF Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164646.

**How much does AAF Wealth Management, LLC manage?**
AAF Wealth Management, LLC reports $727,644,200 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (80% discretionary).

**How have AAF Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for AAF Wealth Management, LLC: Regulatory assets under management: $369,011,634 in the October 2021 data and $727,644,200 in the October 2026 data, up 97%. Total employees: 7 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does AAF Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (140); individuals (other than high net worth individuals) (131); charitable organizations (12).

**Which custodians does AAF Wealth Management, LLC use?**
AAF Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does AAF Wealth Management, LLC report any disciplinary disclosures?**
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/164646

**Does AAF Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 5, 2026 says: "Our firm requires a minimum account balance of $100,000 for our services. Generally, this minimum account balance requirement is not negotiable and would be required throughout the course of the client’s relationship with our firm."

**What changed in AAF Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $607,331,627 to $727,644,200 (+20%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 5, 2026)

- Account minimum: $100,000

> Our firm requires a minimum account balance of $100,000 for our services. Generally, this minimum account balance requirement is not negotiable and would be required throughout the course of the client’s relationship with our firm.

- Hourly rate: $350 an hour (financial planning and consulting services for financial advisors)

> Our hourly fees are $350 for financial advisors, $150 per hour for para-planners and $75 for administrative time.

- Hourly rate: $150 an hour (financial planning and consulting services for para-planners)

> Our hourly fees are $350 for financial advisors, $150 per hour for para-planners and $75 for administrative time.

- Hourly rate: $75 an hour (financial planning and consulting services for administrative time)

> Our hourly fees are $350 for financial advisors, $150 per hour for para-planners and $75 for administrative time.

- Flat fee: $1,500 to $10,000 (financial planning and consulting services)

> Flat fees generally range from $1,500 to $10,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $727,644,200
- Discretionary: $580,355,274
- Non-discretionary: $147,288,926

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 131 | $66,472,436 |
| High net worth individuals | 140 | $491,401,839 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $106,362,676 |
| Charitable organizations | 12 | $62,253,057 |
| Corporations or other businesses not listed above | 2 | $1,154,192 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, ME, NH, NY, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- aafwealthmanagement.com
- Facebook @aafwealthmanagement
- LinkedIn @aaf-wealth-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $369,011,634 | 7 | June 17, 2021 |
| October 2022 | $413,417,456 | 8 | March 16, 2022 |
| October 2023 | $385,347,888 | 9 | May 31, 2023 |
| October 2024 | $507,143,594 | 9 | March 18, 2024 |
| October 2025 | $607,331,627 | 9 | March 31, 2025 |
| October 2026 | $727,644,200 | 10 | March 5, 2026 |

Regulatory assets under management: $369,011,634 in the October 2021 data and $727,644,200 in the October 2026 data, up 97%.
Total employees: 7 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $607,331,627 to $727,644,200 (+20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. AAF Wealth Management, LLC (CRD 164646): Form ADV filing data as of October 2026.