# AFG Fiduciary Services

> AFG Fiduciary Services is an SEC-registered investment advisory firm in Hingham, MA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 309943
- Filed as: AFG FIDUCIARY SERVICES
- Legal name: AFG Fiduciary Services Limited Partnership
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hingham, MA
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309943
- AdvisorCensus page: https://advisorcensus.com/firm/afg-fiduciary-services-hingham-ma-309943

## Quick answers

**How is AFG Fiduciary Services compensated?**
On its Form ADV (Item 5.E, October 2026), AFG Fiduciary Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is AFG Fiduciary Services located?**
AFG Fiduciary Services' principal office is in Hingham, MA, according to its Form ADV.

**Is AFG Fiduciary Services registered with the SEC or a state?**
AFG Fiduciary Services is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309943.

**How much does AFG Fiduciary Services manage?**
AFG Fiduciary Services reports $166,256,181 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).

**How have AFG Fiduciary Services' assets and staff changed since 2021?**
In the Form ADV data for AFG Fiduciary Services: Regulatory assets under management: $186,000,000 in the October 2021 data and $166,256,181 in the October 2026 data, down 11%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does AFG Fiduciary Services serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (113); individuals (other than high net worth individuals) (46).

**Which custodians does AFG Fiduciary Services use?**
AFG Fiduciary Services' 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 AFG Fiduciary Services 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/309943

**What changed in AFG Fiduciary Services' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Regulatory assets under management went from $229,162,602 to $166,256,181 (-27%).

## From the Form ADV filing

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

### 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: $166,256,181
- Discretionary: $166,256,181
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 46 | $46,450,827 |
| High net worth individuals | 113 | $117,069,770 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $945,384 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,790,200 |

### 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
- Pension consulting services

### Firm details
- Registered since: 2020 (6 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: FL, MA, ME, NH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- afgfiduciary.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $186,000,000 | 4 | April 22, 2021 |
| October 2022 | $199,000,000 | 4 | February 9, 2022 |
| October 2023 | $175,000,000 | 4 | March 23, 2023 |
| October 2024 | $213,266,000 | 4 | February 23, 2024 |
| October 2025 | $229,162,602 | 4 | February 13, 2025 |
| October 2026 | $166,256,181 | 3 | March 5, 2026 |

Regulatory assets under management: $186,000,000 in the October 2021 data and $166,256,181 in the October 2026 data, down 11%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.
- Regulatory assets under management went from $229,162,602 to $166,256,181 (-27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. AFG Fiduciary Services (CRD 309943): Form ADV filing data as of October 2026.