# Benedict Financial Advisors, Inc.

> Benedict Financial Advisors, Inc. is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.

- CRD: 116690
- Filed as: BENEDICT FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: September 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/116690
- AdvisorCensus page: https://advisorcensus.com/firm/benedict-financial-advisors-inc-atlanta-ga-116690

## Quick answers

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

**How much does Benedict Financial Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Up to $750,000: 1.49% a year; $750,000 to $1,250,000: 1.29% a year; $1,250,000 to $2,000,000: 1.19% a year; $2,000,000 to $3,000,000: 1.14% a year; $3,000,000 to $5,000,000: 1.09% a year; Above $5,000,000: 0.95% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Benedict Financial Advisors, Inc. located?**
Benedict Financial Advisors, Inc.'s principal office is in Atlanta, GA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Benedict Financial Advisors, Inc. registered with the SEC or a state?**
Benedict Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 116690.

**How much does Benedict Financial Advisors, Inc. manage?**
Benedict Financial Advisors, Inc. reports $529,382,185 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (100% discretionary).

**How have Benedict Financial Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Benedict Financial Advisors, Inc.: Regulatory assets under management: $314,192,297 in the October 2021 data and $529,382,185 in the October 2026 data, up 68%. Total employees: 8 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Benedict Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (162); individuals (other than high net worth individuals) (153); charitable organizations (5).

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

**Does Benedict Financial Advisors, Inc. 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/116690

**Does Benedict Financial Advisors, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "The minimum portfolio value is generally set at $300,000. The fee schedule is set based on the initial value of the account, and is generally not adjusted for changes in asset levels."

**What changed in Benedict Financial Advisors, Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Registered or notice-filed in NE.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Up to $750,000: 1.49% a year
- $750,000 to $1,250,000: 1.29% a year
- $1,250,000 to $2,000,000: 1.19% a year
- $2,000,000 to $3,000,000: 1.14% a year
- $3,000,000 to $5,000,000: 1.09% a year
- Above $5,000,000: 0.95% a year

> The annual fee schedule, based on a percentage of assets under management, is as follows: Account balance up to $750,000 1.49% Account balance of $750,000 to $1,250,000 1.29% Account balance of $1,250,000 to $2,000,000 1.19% Account balance of $2,000,000 to $3,000,000 1.14% Account balance of $3,000,000 to $5,000,000 1.09% Account balance over $5,000,000 0.95%

- Account minimum: $300,000

> The minimum portfolio value is generally set at $300,000. The fee schedule is set based on the initial value of the account, and is generally not adjusted for changes in asset levels.

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial 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: $529,382,185
- Discretionary: $529,382,185
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 153 | $71,013,214 |
| High net worth individuals | 162 | $448,428,152 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $7,318,389 |
| Charitable organizations | 5 | $2,622,430 |

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

### Firm details
- Registered since: 2013 (13 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: FL, GA, MI, NC, NE, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Adrian, MI

### Websites listed on Form ADV (Item 1.I)
- [benedictfinancial.com](https://benedictfinancial.com)
- LinkedIn @benedictfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $314,192,297 | 8 | March 3, 2021 |
| October 2022 | $436,338,035 | 9 | March 16, 2022 |
| October 2023 | $406,514,127 | 8 | March 10, 2023 |
| October 2024 | $430,056,651 | 7 | January 29, 2024 |
| October 2025 | $474,950,483 | 7 | March 13, 2025 |
| October 2026 | $529,382,185 | 7 | September 3, 2026 |

Regulatory assets under management: $314,192,297 in the October 2021 data and $529,382,185 in the October 2026 data, up 68%.
Total employees: 8 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Registered or notice-filed in NE.

### April 2026
- Regulatory assets under management went from $474,950,483 to $529,382,185 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Benedict Financial Advisors, Inc. (CRD 116690): Form ADV filing data as of October 2026.