{
  "crd_number": 111826,
  "slug": "burns-financial-advisors-inc-independence-oh-111826",
  "primary_business_name": "BURNS FINANCIAL ADVISORS, INC.",
  "legal_name": "BURNS FINANCIAL ADVISORS, INC.",
  "dbas": [],
  "city": "Independence",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "17410",
  "metro": {
    "cbsa_code": "17410",
    "common_name": "Cleveland",
    "msa_name": "Cleveland, OH",
    "path": "/advisors/oh/cleveland"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2018-01-08",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-08-27",
  "carried_forward": false,
  "raum_total": 10055952.0,
  "raum_discretionary": 7700034.0,
  "raum_non_discretionary": 2355918.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 10055952.0,
      "count": 99
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "NC",
    "OH"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111826",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "INDEPENDENCE",
  "url": "https://advisorcensus.com/firm/burns-financial-advisors-inc-independence-oh-111826",
  "display_name": "Burns Financial Advisors, Inc.",
  "summary": "Burns Financial Advisors, Inc. is a state-registered investment advisory firm in Independence, OH, registered since 2018, reporting under $25 million in regulatory assets under management in its Form ADV filing dated August 27, 2026.",
  "citation": "AdvisorCensus. Burns Financial Advisors, Inc. (CRD 111826): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Burns Financial Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Burns Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Burns Financial Advisors, Inc. located?",
      "a": "Burns Financial Advisors, Inc.'s principal office is in Independence, OH, according to its Form ADV."
    },
    {
      "q": "Is Burns Financial Advisors, Inc. registered with the SEC or a state?",
      "a": "Burns Financial Advisors, Inc. is a state-registered investment advisory firm, registered since 2018. Status as filed: APPROVED. CRD 111826."
    },
    {
      "q": "How much does Burns Financial Advisors, Inc. manage?",
      "a": "Burns Financial Advisors, Inc. reports $10,055,952 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (77% discretionary)."
    },
    {
      "q": "What types of clients does Burns Financial Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (99)."
    },
    {
      "q": "Does Burns Financial Advisors, Inc. report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/111826"
    },
    {
      "q": "What changed in Burns Financial Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the October 2026 filing data: Registered or notice-filed in NC."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Registered or notice-filed in NC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/burns-financial-advisors-inc-independence-oh-111826.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 99,
      "fewer_than_5": false,
      "raum": 10055952.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "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/111826",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}