# ASL Financial, LLC

> ASL Financial, LLC is an SEC-registered investment advisory firm in Los Gatos, CA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 5, 2026.

- CRD: 115479
- Filed as: ASL FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Gatos, CA
- Filing period: October 2026
- Form ADV filing dated: January 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115479
- AdvisorCensus page: https://advisorcensus.com/firm/asl-financial-llc-los-gatos-ca-115479

## Quick answers

**How is ASL Financial, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), ASL Financial, LLC 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 ASL Financial, LLC located?**
ASL Financial, LLC's principal office is in Los Gatos, CA, according to its Form ADV.

**Is ASL Financial, LLC registered with the SEC or a state?**
ASL Financial, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 115479.

**How much does ASL Financial, LLC manage?**
ASL Financial, LLC reports $186,708,263 in regulatory assets under management in its Form ADV filing dated January 5, 2026 (96% discretionary).

**How have ASL Financial, LLC's assets and staff changed since 2021?**
In the Form ADV data for ASL Financial, LLC: Regulatory assets under management: $106,476,764 in the October 2021 data and $186,708,263 in the October 2026 data, up 75%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does ASL Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (110); individuals (other than high net worth individuals) (66); pension and profit sharing plans (but not the plan participants or government pension plans) (14).

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

**Does ASL Financial, 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/115479

**What changed in ASL Financial, LLC's recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $162,513,443 to $186,708,263 (+15%).

## 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))
- Pershing 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: $186,708,263
- Discretionary: $178,943,028
- Non-discretionary: $7,765,235

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 66 | $30,881,026 |
| High net worth individuals | 110 | $125,049,425 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 14 | $30,777,812 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $106,476,764 | 1 | July 19, 2021 |
| October 2022 | $118,143,423 | 1 | January 12, 2022 |
| October 2023 | $111,952,127 | 1 | September 5, 2023 |
| October 2024 | $137,077,384 | 1 | January 9, 2024 |
| October 2025 | $162,513,443 | 1 | January 13, 2025 |
| October 2026 | $186,708,263 | 1 | January 5, 2026 |

Regulatory assets under management: $106,476,764 in the October 2021 data and $186,708,263 in the October 2026 data, up 75%.
Total employees: 1 in October 2021 and 1 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $162,513,443 to $186,708,263 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. ASL Financial, LLC (CRD 115479): Form ADV filing data as of October 2026.