{
  "crd_number": 293013,
  "slug": "burne-financial-concepts-llc-watertown-ct-293013",
  "primary_business_name": "BURNE FINANCIAL CONCEPTS, LLC",
  "legal_name": "BURNE FINANCIAL CONCEPTS, LLC",
  "dbas": [],
  "city": "Watertown",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "47930",
  "metro": {
    "cbsa_code": "47930",
    "common_name": "Waterbury",
    "msa_name": "Waterbury-Shelton, CT",
    "path": "/advisors/ct/waterbury"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-03-21",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-01-27",
  "carried_forward": false,
  "raum_total": 113700000.0,
  "raum_discretionary": 113700000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 552000.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 30303400.0,
      "count": 121
    },
    "pension_profit_sharing": {
      "raum": 8844600.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 74000000.0,
      "count": 23
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "FL",
    "LA",
    "MA",
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/293013",
  "city_as_filed": "WATERTOWN",
  "url": "https://advisorcensus.com/firm/burne-financial-concepts-llc-watertown-ct-293013",
  "display_name": "Burne Financial Concepts, LLC",
  "summary": "Burne Financial Concepts, LLC is an SEC-registered investment advisory firm in Watertown, CT, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 27, 2026.",
  "citation": "AdvisorCensus. Burne Financial Concepts, LLC (CRD 293013): 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"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Burne Financial Concepts, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Burne Financial Concepts, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "Where is Burne Financial Concepts, LLC located?",
      "a": "Burne Financial Concepts, LLC's principal office is in Watertown, CT, according to its Form ADV."
    },
    {
      "q": "Is Burne Financial Concepts, LLC registered with the SEC or a state?",
      "a": "Burne Financial Concepts, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 293013."
    },
    {
      "q": "How much does Burne Financial Concepts, LLC manage?",
      "a": "Burne Financial Concepts, LLC reports $113,700,000 in regulatory assets under management in its Form ADV filing dated January 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Burne Financial Concepts, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Burne Financial Concepts, LLC: Regulatory assets under management: $100,423,644 in the October 2025 data and $113,700,000 in the October 2026 data, up 13%. Total employees: 1 in October 2025 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 Burne Financial Concepts, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (121); high net worth individuals (23)."
    },
    {
      "q": "Which custodians does Burne Financial Concepts, LLC use?",
      "a": "Burne Financial Concepts, 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."
    },
    {
      "q": "Does Burne Financial Concepts, 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/293013"
    },
    {
      "q": "Does Burne Financial Concepts, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 26, 2026 says: \"Burne Financial generally does not impose a minimum account size for establishing a relationship.\""
    },
    {
      "q": "What changed in Burne Financial Concepts, LLC's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $100,423,644 to $113,700,000 (+13%). Registered or notice-filed in MA."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 100423644.0,
      "total_employees": 1,
      "filing_date": "2025-02-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 113700000.0,
      "total_employees": 1,
      "filing_date": "2026-01-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $100,423,644 to $113,700,000 (+13%).",
        "Registered or notice-filed in MA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 26, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Burne Financial generally does not impose a minimum account size for establishing a relationship."
        ]
      }
    ],
    "quotes": [
      "Burne Financial generally does not impose a minimum account size for establishing a relationship."
    ],
    "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": false
    }
  ],
  "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/burne-financial-concepts-llc-watertown-ct-293013.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 121,
      "fewer_than_5": false,
      "raum": 30303400.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 23,
      "fewer_than_5": false,
      "raum": 74000000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 8844600.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 552000.0
    }
  ],
  "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/293013",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}