AdvisorCensus / Financial advisors / New York / Advisor Financial Services, Inc.
Advisor Financial Services, Inc. is an SEC-registered investment advisory firm in Chatham, NY, registered since 2018, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 3, 2026.
Quick answers
From the filingHow is Advisor Financial Services, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Advisor Financial Services, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Advisor Financial Services, Inc. located?
Advisor Financial Services, Inc.'s principal office is in Chatham, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Advisor Financial Services, Inc. registered with the SEC or a state?
Advisor Financial Services, Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 118537.
How much does Advisor Financial Services, Inc. manage?
Advisor Financial Services, Inc. reports $62,625,801 in regulatory assets under management in its Form ADV filing dated August 3, 2026 (100% discretionary).
How have Advisor Financial Services, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Advisor Financial Services, Inc.: Regulatory assets under management: $31,000,000 in the October 2021 data and $62,625,801 in the October 2026 data, up 102%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Advisor Financial Services, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (182); high net worth individuals (38); pension and profit sharing plans (but not the plan participants or government pension plans) (1).
Does Advisor Financial Services, Inc. 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/118537
Does Advisor Financial Services, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated August 3, 2026 says: "The Firm generally requires a minimum account size of $20,000 for investment advisory services. However, at the Firm’s sole discretion, this minimum may be reduced or waived for certain clients."
What changed in Advisor Financial Services, Inc.'s recent Form ADV filings?
In the May 2026 filing data: Regulatory assets under management went from $55,958,021 to $62,625,801 (+12%). Registered or notice-filed in FL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $20,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The Firm generally requires a minimum account size of $20,000 for investment advisory services. However, at the Firm’s sole discretion, this minimum may be reduced or waived for certain clients.
Minimum annual fee: $100
The brochure's wording
For the majority of our clients, the firm charges a fee based on a percentage of assets under management, with a minimum annual fee of $100.
As stated in the firm's Form ADV Part 2A brochure dated August 3, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$62,625,801 as of October 2026, filing dated August 3, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
Registration and firm details
Items 1, 2, 5- Also doing business as
- ADVISOR FINANCIAL & TAX DBA, ADVISOR FINANCIAL SERVICES INC.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2018 (8 years)
- Employees
- Total: 2. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the September 2026 filing
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $62,625,801 | 2 | August 3, 2026 |
| October 2025 | $55,958,021 | 2 | June 3, 2025 |
| October 2024 | $37,977,953 | 3 | March 30, 2024 |
| October 2023 | $32,297,000 | 3 | May 24, 2023 |
| October 2022 | $35,000,000 | 3 | March 29, 2022 |
| October 2021 | $31,000,000 | 2 | April 1, 2021 |
Regulatory assets under management: $31,000,000 in the October 2021 data and $62,625,801 in the October 2026 data, up 102%.
Total employees: 2 in October 2021 and 2 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- May 2026
- Regulatory assets under management went from $55,958,021 to $62,625,801 (+12%).
- Registered or notice-filed in FL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Advisor Financial Services, Inc. (CRD 118537): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/advisor-financial-services-inc-chatham-ny-118537