{
  "crd_number": 226655,
  "slug": "alvin-clay-financial-advisors-llc-jenkintown-pa-226655",
  "primary_business_name": "ALVIN CLAY FINANCIAL ADVISORS, LLC",
  "legal_name": "ALVIN CLAY FINANCIAL ADVISORS, LLC",
  "dbas": [],
  "city": "Jenkintown",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-05-23",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-05-13",
  "carried_forward": false,
  "raum_total": 186572961.0,
  "raum_discretionary": 186572961.0,
  "raum_non_discretionary": 0.0,
  "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": 10642123.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 34111287.0,
      "count": 124
    },
    "pension_profit_sharing": {
      "raum": 8776700.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 132746201.0,
      "count": 48
    },
    "corporations_other_businesses": {
      "raum": 296650.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NJ",
    "PA"
  ],
  "websites": [
    "https://alvinclay.com",
    "https://facebook.com/profile.php?id=100063586630455",
    "https://linkedin.com/company/alvin-clay-financial-advisors/about",
    "https://linkedin.com/in/alvin-clay-iii-78474210",
    "https://x.com/AClayIII"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/226655",
  "city_as_filed": "JENKINTOWN",
  "url": "https://advisorcensus.com/firm/alvin-clay-financial-advisors-llc-jenkintown-pa-226655",
  "display_name": "Alvin Clay Financial Advisors, LLC",
  "summary": "Alvin Clay Financial Advisors, LLC is an SEC-registered investment advisory firm in Jenkintown, PA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 13, 2026.",
  "citation": "AdvisorCensus. Alvin Clay Financial Advisors, LLC (CRD 226655): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Alvin Clay Financial Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alvin Clay Financial Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Alvin Clay Financial Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Flat fee: $3,000 (financial consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Alvin Clay Financial Advisors, LLC located?",
      "a": "Alvin Clay Financial Advisors, LLC's principal office is in Jenkintown, PA, according to its Form ADV."
    },
    {
      "q": "Is Alvin Clay Financial Advisors, LLC registered with the SEC or a state?",
      "a": "Alvin Clay Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 226655."
    },
    {
      "q": "How much does Alvin Clay Financial Advisors, LLC manage?",
      "a": "Alvin Clay Financial Advisors, LLC reports $186,572,961 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Alvin Clay Financial Advisors, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Alvin Clay Financial Advisors, LLC: Regulatory assets under management: $154,570,251 in the October 2025 data and $186,572,961 in the October 2026 data, up 21%. Total employees: 5 in October 2025 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 Alvin Clay Financial Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (124); high net worth individuals (48); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Alvin Clay Financial Advisors, LLC use?",
      "a": "Alvin Clay Financial Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and SEI Private Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Alvin Clay Financial Advisors, 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/226655"
    },
    {
      "q": "Does Alvin Clay Financial Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"In general, we require a minimum of $500,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.\""
    },
    {
      "q": "What changed in Alvin Clay Financial Advisors, LLC's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Registered or notice-filed in NJ."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 154570251.0,
      "total_employees": 5,
      "filing_date": "2025-04-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 186572961.0,
      "total_employees": 5,
      "filing_date": "2026-05-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in NJ."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $154,570,251 to $186,572,961 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$5,000",
    "planning_fees": [
      "Flat fee: $3,000 (financial consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "In general, we require a minimum of $500,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $5,000"
        ],
        "quotes": [
          "We charge a minimum annual fee in the amount of $5,000 to open and maintain an advisory account. At our discretion we may waive the minimum fee."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $3,000 (financial consulting services)"
        ],
        "quotes": [
          "Adviser's fees for financial consulting services are fixed advisory fees that typically start at $3,000 and are dependent on the facts and circumstances of engagement. Fees for one time services are due upon completion."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": 5000.0,
      "planning": [
        {
          "kind": "flat",
          "amount": 3000.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "financial consulting services"
        }
      ]
    },
    "quotes": [
      "In general, we require a minimum of $500,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.",
      "We charge a minimum annual fee in the amount of $5,000 to open and maintain an advisory account. At our discretion we may waive the minimum fee.",
      "Adviser's fees for financial consulting services are fixed advisory fees that typically start at $3,000 and are dependent on the facts and circumstances of engagement. Fees for one time services are due upon completion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "SEI Private Trust Company",
      "name_as_filed": "SEI PRIVATE TRUST COMPANY",
      "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/alvin-clay-financial-advisors-llc-jenkintown-pa-226655.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 124,
      "fewer_than_5": false,
      "raum": 34111287.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 48,
      "fewer_than_5": false,
      "raum": 132746201.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 8776700.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 10642123.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 296650.0
    }
  ],
  "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/226655",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}