{
  "crd_number": 288987,
  "slug": "boerum-hill-financial-advisors-llc-brooklyn-ny-288987",
  "primary_business_name": "BOERUM HILL FINANCIAL ADVISORS LLC",
  "legal_name": "BOERUM HILL FINANCIAL ADVISORS LLC",
  "dbas": [],
  "city": "Brooklyn",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-04-24",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-01-22",
  "carried_forward": false,
  "raum_total": 46384647.0,
  "raum_discretionary": 46384647.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 11599454.0,
      "count": 80
    },
    "high_net_worth_individuals": {
      "raum": 34785193.0,
      "count": 7
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NH",
    "NY"
  ],
  "websites": [
    "https://boerumhillfa.com",
    "https://facebook.com/boerumhillfa",
    "https://linkedin.com/company/boerum-hill-financial-advisors-llc",
    "https://twitter.com/BoerumHillFA"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288987",
  "city_as_filed": "BROOKLYN",
  "url": "https://advisorcensus.com/firm/boerum-hill-financial-advisors-llc-brooklyn-ny-288987",
  "display_name": "Boerum Hill Financial Advisors LLC",
  "summary": "Boerum Hill Financial Advisors LLC is an SEC-registered investment advisory firm in Brooklyn, NY, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 22, 2026.",
  "citation": "AdvisorCensus. Boerum Hill Financial Advisors LLC (CRD 288987): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Boerum Hill Financial Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Boerum Hill Financial Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Boerum Hill Financial Advisors LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated January 22, 2026 states: Asset-based fee: 0.5% to 1.3% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Boerum Hill Financial Advisors LLC located?",
      "a": "Boerum Hill Financial Advisors LLC's principal office is in Brooklyn, NY, according to its Form ADV."
    },
    {
      "q": "Is Boerum Hill Financial Advisors LLC registered with the SEC or a state?",
      "a": "Boerum Hill Financial Advisors LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 288987."
    },
    {
      "q": "How much does Boerum Hill Financial Advisors LLC manage?",
      "a": "Boerum Hill Financial Advisors LLC reports $46,384,647 in regulatory assets under management in its Form ADV filing dated January 22, 2026 (100% discretionary)."
    },
    {
      "q": "How have Boerum Hill Financial Advisors LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Boerum Hill Financial Advisors LLC: Regulatory assets under management: $28,330,272 in the October 2024 data and $46,384,647 in the October 2026 data, up 64%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Boerum Hill Financial Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (80); high net worth individuals (7)."
    },
    {
      "q": "Which custodians does Boerum Hill Financial Advisors LLC use?",
      "a": "Boerum Hill Financial Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Boerum Hill 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/288987"
    },
    {
      "q": "Does Boerum Hill Financial Advisors LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 22, 2026 says: \"Boerum Hill generally does not impose a minimum size for establishing a relationship, however certain Independent Managers may impose a minimum fee.\""
    },
    {
      "q": "What changed in Boerum Hill Financial Advisors LLC's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $37,018,205 to $46,384,647 (+25%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 28330272.0,
      "total_employees": 1,
      "filing_date": "2024-05-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 37018205.0,
      "total_employees": 1,
      "filing_date": "2025-03-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 46384647.0,
      "total_employees": 1,
      "filing_date": "2026-01-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $37,018,205 to $46,384,647 (+25%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 22, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.3% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.3% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Wealth management fees range from 0.50% to 1.30% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Boerum Hill generally does not impose a minimum size for establishing a relationship, however certain Independent Managers may impose a minimum fee."
        ]
      }
    ],
    "quotes": [
      "Wealth management fees range from 0.50% to 1.30% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.",
      "Boerum Hill generally does not impose a minimum size for establishing a relationship, however certain Independent Managers may impose a minimum fee."
    ],
    "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": true
    }
  ],
  "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/boerum-hill-financial-advisors-llc-brooklyn-ny-288987.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 80,
      "fewer_than_5": false,
      "raum": 11599454.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 7,
      "fewer_than_5": false,
      "raum": 34785193.0
    }
  ],
  "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/288987",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}