# Butler Financial Services

> Butler Financial Services is an SEC-registered investment advisory firm in Denver, CO, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 118244
- Filed as: BUTLER FINANCIAL SERVICES
- Legal name: Butler Financial Services, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118244
- AdvisorCensus page: https://advisorcensus.com/firm/butler-financial-services-denver-co-118244

## Quick answers

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

**How much does Butler Financial Services charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Hourly rate: $325 an hour (Financial Consulting Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Butler Financial Services located?**
Butler Financial Services' principal office is in Denver, CO, according to its Form ADV.

**Is Butler Financial Services registered with the SEC or a state?**
Butler Financial Services is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 118244.

**How much does Butler Financial Services manage?**
Butler Financial Services reports $154,662,250 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (98% discretionary).

**How have Butler Financial Services' assets and staff changed since 2021?**
In the Form ADV data for Butler Financial Services: Regulatory assets under management: $116,102,450 in the October 2021 data and $154,662,250 in the October 2026 data, up 33%. Total employees: 3 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 Butler Financial Services serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (44); individuals (other than high net worth individuals) (18).

**Which custodians does Butler Financial Services use?**
Butler Financial Services' 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 Butler Financial Services 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/118244

**What changed in Butler Financial Services' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $135,684,851 to $154,662,250 (+14%).

## 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 March 27, 2026)

- Hourly rate: $325 an hour (Financial Consulting Services)

> Financial Consulting Services: The fee is $325 per hour. Fees are billed after the service has been provided.

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: $154,662,250
- Discretionary: $151,379,202
- Non-discretionary: $3,283,048

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 18 | $8,297,834 |
| High net worth individuals | 44 | $146,364,416 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- butler-financial.org

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $116,102,450 | 3 | July 1, 2021 |
| October 2022 | $119,901,983 | 3 | March 29, 2022 |
| October 2023 | $103,360,619 | 3 | March 30, 2023 |
| October 2024 | $123,025,614 | 3 | March 14, 2024 |
| October 2025 | $135,684,851 | 3 | July 25, 2025 |
| October 2026 | $154,662,250 | 4 | March 27, 2026 |

Regulatory assets under management: $116,102,450 in the October 2021 data and $154,662,250 in the October 2026 data, up 33%.
Total employees: 3 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $135,684,851 to $154,662,250 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Butler Financial Services (CRD 118244): Form ADV filing data as of October 2026.