# Blue Chip Financial Advisors, LLC

> Blue Chip Financial Advisors, LLC is an SEC-registered investment advisory firm in East Providence, RI, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 119510
- Filed as: BLUE CHIP FINANCIAL ADVISORS, LLC
- Also doing business as: PAXMENTIS ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: East Providence, RI
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/119510
- AdvisorCensus page: https://advisorcensus.com/firm/blue-chip-financial-advisors-llc-east-providence-ri-119510

## Quick answers

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

**Where is Blue Chip Financial Advisors, LLC located?**
Blue Chip Financial Advisors, LLC's principal office is in East Providence, RI, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Blue Chip Financial Advisors, LLC registered with the SEC or a state?**
Blue Chip Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 119510.

**How much does Blue Chip Financial Advisors, LLC manage?**
Blue Chip Financial Advisors, LLC reports $104,069,000 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (0% discretionary).

**What types of clients does Blue Chip Financial Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (153); high net worth individuals (25).

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

**Does Blue Chip Financial Advisors, 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/119510

**What changed in Blue Chip Financial Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Newly registered with the SEC. Added an office in Newport Beach, CA.

## 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))
- National Financial 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: $104,069,000
- Discretionary: $0
- Non-discretionary: $104,069,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 153 | $44,166,000 |
| High net worth individuals | 25 | $59,903,000 |
| 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) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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
- Educational seminars/workshops

### Firm details
- Registered since: 2026 (0 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, LA, MA, NE, NV, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Johnston, RI
- Newport Beach, CA

### Websites listed on Form ADV (Item 1.I)
- bcfa.net

## Changes in the filing (last 12 months)

### September 2026
- Newly registered with the SEC.
- Added an office in Newport Beach, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blue Chip Financial Advisors, LLC (CRD 119510): Form ADV filing data as of October 2026.