AdvisorCensus / Financial advisors / Virginia / Richmond / Bowen Financial Services, LLC
Bowen Financial Services, LLC is an SEC-registered investment advisory firm in Midlothian, VA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is Bowen Financial Services, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Bowen Financial Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Bowen Financial Services, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 30, 2026 states: Up to $2,000,000: 1% a year; $2,000,000 to $5,000,000: 0.75% a year; $5,000,000 to $10,000,000: 0.5% a year; $10,000,000 to $20,000,000: 0.35% a year; Above $20,000,000: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Bowen Financial Services, LLC located?
Bowen Financial Services, LLC's principal office is in Midlothian, VA, according to its Form ADV.
Is Bowen Financial Services, LLC registered with the SEC or a state?
Bowen Financial Services, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 116714.
How much does Bowen Financial Services, LLC manage?
Bowen Financial Services, LLC reports $190,985,562 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).
How have Bowen Financial Services, LLC's assets and staff changed since 2022?
In the Form ADV data for Bowen Financial Services, LLC: Regulatory assets under management: $133,539,842 in the October 2022 data and $190,985,562 in the October 2026 data, up 43%. Total employees: 3 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bowen Financial Services, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (50); individuals (other than high net worth individuals) (17).
Which custodians does Bowen Financial Services, LLC use?
Bowen Financial Services, 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 Bowen Financial Services, 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/116714
What changed in Bowen Financial Services, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $166,319,000 to $190,985,562 (+15%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $2,000,000 | 1% |
| $2,000,000 to $5,000,000 | 0.75% |
| $5,000,000 to $10,000,000 | 0.5% |
| $10,000,000 to $20,000,000 | 0.35% |
| Above $20,000,000 | 0.25% |
The brochure's wording
Bowen Financial’s financial planning and investment supervisory service fees are charged on a tiered basis. Clients are charged 1% per annum on the first $2,000,000 of assets under management, 0.75% on the next $3 million, 0.5% on the next $5 million, 0.35% on the next $10 million, and 0.25% on assets over $20 million.
As stated in the firm's Form ADV Part 2A brochure dated March 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$190,985,562 as of October 2026, filing dated March 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2022 (4 years)
- Employees
- Total: 3. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $190,985,562 | 3 | March 30, 2026 |
| October 2025 | $166,319,000 | 3 | March 31, 2025 |
| October 2024 | $139,304,186 | 3 | April 1, 2024 |
| October 2023 | $122,474,246 | 3 | April 13, 2023 |
| October 2022 | $133,539,842 | 3 | July 6, 2022 |
Regulatory assets under management: $133,539,842 in the October 2022 data and $190,985,562 in the October 2026 data, up 43%.
Total employees: 3 in October 2022 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $166,319,000 to $190,985,562 (+15%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Bowen Financial Services, LLC (CRD 116714): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bowen-financial-services-llc-midlothian-va-116714