# Beacon Financial Advisory LLC

> Beacon Financial Advisory LLC is an SEC-registered investment advisory firm in Cleveland, OH, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 174334
- Filed as: BEACON FINANCIAL ADVISORY LLC
- Also doing business as: BEACON FINANCIAL PARTNERS, FNA WEALTH MANAGEMENT LTD, TROPP O'TOOLE JAMES PRIVATE WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cleveland, OH
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174334
- AdvisorCensus page: https://advisorcensus.com/firm/beacon-financial-advisory-llc-cleveland-oh-174334

## Quick answers

**How is Beacon Financial Advisory LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Beacon Financial Advisory LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**Where is Beacon Financial Advisory LLC located?**
Beacon Financial Advisory LLC's principal office is in Cleveland, OH, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Beacon Financial Advisory LLC registered with the SEC or a state?**
Beacon Financial Advisory LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 174334.

**How much does Beacon Financial Advisory LLC manage?**
Beacon Financial Advisory LLC reports $900,724,380 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Beacon Financial Advisory LLC's assets and staff changed since 2021?**
In the Form ADV data for Beacon Financial Advisory LLC: Regulatory assets under management: $667,520,487 in the October 2021 data and $900,724,380 in the October 2026 data, up 35%. Total employees: 30 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Beacon Financial Advisory LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,263); high net worth individuals (286); pension and profit sharing plans (but not the plan participants or government pension plans) (5).

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

**Does Beacon Financial Advisory 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/174334

**Does Beacon Financial Advisory LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 17, 2026 says: "There is no account minimum for any of Beacon FA’s services."

**What changed in Beacon Financial Advisory LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $677,635,130 to $900,724,380 (+33%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Account minimum: None

> There is no account minimum for any of Beacon FA’s services.

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.
- 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: $900,724,380
- Discretionary: $900,724,380
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,263 | $257,492,214 |
| High net worth individuals | 286 | $615,527,584 |
| 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) | 5 | $27,449,805 |
| Charitable organizations | 2 | $254,777 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2016 (10 years)
- Employees: 13 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IL, KY, LA, MD, MI, NC, NJ, NY, OH, PA, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Cleveland, OH
- Dublin, OH
- North Ridgeville, OH
- Twinsburg, OH

### Websites listed on Form ADV (Item 1.I)
- beaconplanners.com
- Facebook @BEACONFINANCIALPARTNERS
- X @BEACONPLANNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $667,520,487 | 30 | September 20, 2021 |
| October 2022 | $831,243,259 | 29 | September 15, 2022 |
| October 2023 | $554,416,743 | 25 | April 5, 2023 |
| October 2024 | $594,419,078 | 13 | September 11, 2024 |
| October 2025 | $677,635,130 | 13 | June 16, 2025 |
| October 2026 | $900,724,380 | 13 | March 17, 2026 |

Regulatory assets under management: $667,520,487 in the October 2021 data and $900,724,380 in the October 2026 data, up 35%.
Total employees: 30 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $677,635,130 to $900,724,380 (+33%).

### January 2026
- Added the business name Tropp O'Toole James Private Wealth Management.
- No longer lists the business name Pistone Wealth Advisors.
- No longer lists the business name Tartan Wealth Management.
- Registered or notice-filed in MD, TN.
- No longer registered or notice-filed in GA, MA, UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Beacon Financial Advisory LLC (CRD 174334): Form ADV filing data as of October 2026.