# Advisorstrust Partners LLC

> Advisorstrust Partners LLC is an SEC-registered investment advisory firm in Raleigh, NC, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 27, 2026.

- CRD: 304967
- Filed as: ADVISORSTRUST PARTNERS LLC
- Legal name: Advisortrust Partners, LLC
- Also doing business as: JAMES FINANCIAL ADVISORS, MCMAHAN FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Raleigh, NC
- Filing period: October 2026
- Form ADV filing dated: May 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304967
- AdvisorCensus page: https://advisorcensus.com/firm/advisorstrust-partners-llc-raleigh-nc-304967

## Quick answers

**How is Advisorstrust Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Advisorstrust Partners LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Advisorstrust Partners LLC charge?**
Its Form ADV Part 2A brochure dated May 27, 2026 states: Asset-based fee: 0.35% to 2.25% a year (a range, as the brochure states it); Flat fee: $2,000 to $20,000 (financial planning defined service relationships); Hourly rate: $500 an hour (advisory services performed outside the scope of the financial planning or…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Advisorstrust Partners LLC located?**
Advisorstrust Partners LLC's principal office is in Raleigh, NC, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Advisorstrust Partners LLC registered with the SEC or a state?**
Advisorstrust Partners LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 304967.

**How much does Advisorstrust Partners LLC manage?**
Advisorstrust Partners LLC reports $435,290,041 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (100% discretionary).

**What types of clients does Advisorstrust Partners LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (100); high net worth individuals (72); corporations or other businesses not listed above (7).

**Which custodians does Advisorstrust Partners LLC use?**
Advisorstrust Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Advisorstrust Partners 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/304967

**Does Advisorstrust Partners LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 27, 2026 says: "We provide investment advisory services to individuals, high net worth individuals, trusts, estates, charitable organizations, corporations, and business entities. We do not impose a minimum balance."

**What changed in Advisorstrust Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $216,808,454 to $435,290,041 (+101%). Registered or notice-filed in SC, VA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated May 27, 2026)

- Asset-based fee: 0.35% to 2.25% a year (a range, as the brochure states it)

> Where we provide portfolio management services, we typically charge an annual fee ranging from 0.35% to 2.25% of the value of their AUM.

- Account minimum: None

> We provide investment advisory services to individuals, high net worth individuals, trusts, estates, charitable organizations, corporations, and business entities. We do not impose a minimum balance.

- Flat fee: $2,000 to $20,000 (financial planning defined service relationships)

> For financial planning defined service relationships, which are offered only in limited circumstances, we charge a fixed fee ranging between $2,000 and $20,000.

- Hourly rate: $500 an hour (advisory services performed outside the scope of the financial planning or…)

> For advisory services performed outside the scope of the financial planning or investment management services described previously, we charge a fee of $500 per hour due upon receipt of invoice.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial 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: $435,290,041
- Discretionary: $435,290,041
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 100 | $34,540,374 |
| High net worth individuals | 72 | $197,876,399 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 5 | $3,347,902 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 7 | $199,525,366 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2025 (1 year)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Belmont, NC

### Websites listed on Form ADV (Item 1.I)
- advisortrustpartners.com
- jamesfinancialadvisors.com
- mcmahanfinancial.com
- LinkedIn @jim-castleman-3621811

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $216,808,454 to $435,290,041 (+101%).
- Registered or notice-filed in SC, VA.

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Advisorstrust Partners LLC (CRD 304967): Form ADV filing data as of October 2026.