# Bonfire Financial, LLC

> Bonfire Financial, LLC is an SEC-registered investment advisory firm in Colorado Springs, CO, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 8, 2026.

- CRD: 288522
- Filed as: BONFIRE FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Colorado Springs, CO
- Filing period: October 2026
- Form ADV filing dated: July 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288522
- AdvisorCensus page: https://advisorcensus.com/firm/bonfire-financial-llc-colorado-springs-co-288522

## Quick answers

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

**How much does Bonfire Financial, LLC charge?**
Its Form ADV Part 2A brochure dated February 23, 2026 states: Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states); Flat fee: $1,000 to $10,000 (financial plans); Hourly rate: $350 an hour (Services provided up to date of termination but not yet paid to Bonfire…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Bonfire Financial, LLC located?**
Bonfire Financial, LLC's principal office is in Colorado Springs, CO, according to its Form ADV.

**Is Bonfire Financial, LLC registered with the SEC or a state?**
Bonfire Financial, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 288522.

**How much does Bonfire Financial, LLC manage?**
Bonfire Financial, LLC reports $233,998,032 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (86% discretionary).

**How have Bonfire Financial, LLC's assets and staff changed since 2021?**
In the Form ADV data for Bonfire Financial, LLC: Regulatory assets under management: $122,499,724 in the October 2021 data and $233,998,032 in the October 2026 data, up 91%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bonfire Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (206); high net worth individuals (55); pension and profit sharing plans (but not the plan participants or government pension plans) (17).

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

**Does Bonfire 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/288522

**Does Bonfire Financial, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 23, 2026 says: "We do not have a minimum initial account value."

**What changed in Bonfire Financial, LLC's recent Form ADV filings?**
In the June 2026 filing data: Registered or notice-filed in MN.

## 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 February 23, 2026)

- Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states)

> Our maximum investment advisory fee is 1.20% or we may negotiate a flat dollar fee. The specific advisory fees are set forth in your Investment Advisory Agreement.

- Account minimum: None

> We do not have a minimum initial account value.

- Flat fee: $1,000 to $10,000 (financial plans)

> Fixed fees for financial plans range from $1,000 to $10,000.

- Hourly rate: $350 an hour (Services provided up to date of termination but not yet paid to Bonfire…)

> Services provided up to date of termination but not yet paid to Bonfire Financial will be billed to you based on the hourly rate of $ 350.00.

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.

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: $233,998,032
- Discretionary: $200,237,010
- Non-discretionary: $33,761,022

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 206 | $68,488,527 |
| High net worth individuals | 55 | $128,458,736 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $33,761,022 |
| Charitable organizations | Fewer than 5 | $3,289,747 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IL, MN, NE, NY, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [bonfirefinancial.com](https://bonfirefinancial.com)
- [pintrest.com/BONFIREFINANCIAL](https://pintrest.com/BONFIREFINANCIAL)
- Facebook @BONFIREFINANCIAL
- Instagram @BONFIREFINANCIAL
- LinkedIn @BONFIREFINANCIAL
- TikTok @bonfirefinancial
- X @Bonfire_Method

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $122,499,724 | 4 | March 3, 2021 |
| October 2022 | $151,169,070 | 4 | August 18, 2022 |
| October 2023 | $142,133,301 | 4 | September 16, 2023 |
| October 2024 | $142,155,221 | 4 | February 8, 2024 |
| October 2025 | $198,158,840 | 3 | May 14, 2025 |
| October 2026 | $233,998,032 | 4 | July 8, 2026 |

Regulatory assets under management: $122,499,724 in the October 2021 data and $233,998,032 in the October 2026 data, up 91%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Registered or notice-filed in MN.

### March 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $198,158,840 to $233,998,032 (+18%).
- Registered or notice-filed in IL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bonfire Financial, LLC (CRD 288522): Form ADV filing data as of October 2026.