# Compass Financial Advisors LLC

> Compass Financial Advisors LLC is an SEC-registered investment advisory firm in Fort Wayne, IN, registered since 1998, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 109131
- Filed as: COMPASS FINANCIAL ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Wayne, IN
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109131
- AdvisorCensus page: https://advisorcensus.com/firm/compass-financial-advisors-llc-fort-wayne-in-109131

## Quick answers

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

**Where is Compass Financial Advisors LLC located?**
Compass Financial Advisors LLC's principal office is in Fort Wayne, IN, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Compass Financial Advisors LLC registered with the SEC or a state?**
Compass Financial Advisors LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 109131.

**How much does Compass Financial Advisors LLC manage?**
Compass Financial Advisors LLC reports $282,474,625 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Compass Financial Advisors LLC's assets and staff changed since 2021?**
In the Form ADV data for Compass Financial Advisors LLC: Regulatory assets under management: $209,646,623 in the October 2021 data and $282,474,625 in the October 2026 data, up 35%. Total employees: 8 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Compass Financial Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (489); high net worth individuals (145); pension and profit sharing plans (but not the plan participants or government pension plans) (16).

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

**Does Compass Financial Advisors 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/109131

**Does Compass Financial Advisors LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "Compass does not imposes a minimum portfolio to open an account. However, Compass does reserve the right to accept or decline a potential client for any reason in its sole discretion."

**What changed in Compass Financial Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 9. Updated its list of owners and control persons (Schedule A).

## 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 26, 2026)

- Account minimum: None (the brochure says it may be waived or negotiated)

> Compass does not imposes a minimum portfolio to open an account. However, Compass does reserve the right to accept or decline a potential client for any reason in its sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Pershing LLC

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: $282,474,625
- Discretionary: $281,086,772
- Non-discretionary: $1,387,853

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 489 | $46,178,545 |
| High net worth individuals | 145 | $147,450,426 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 16 | $32,064,461 |
| Charitable organizations | 6 | $10,974,913 |
| State or municipal government entities (including government pension plans) | 1 | $44,651,704 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 2 | $1,154,576 |

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

### Firm details
- Registered since: 1998 (27 years)
- Employees: 9 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IA, IL, IN, KY, MI, MN, NH, OH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chesterton, IN
- Hebron, IN

### Websites listed on Form ADV (Item 1.I)
- compassadvisor.com
- Facebook @CFAFortWayne
- LinkedIn @compass-financial-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $209,646,623 | 8 | September 21, 2021 |
| October 2022 | $233,856,754 | 8 | April 12, 2022 |
| October 2023 | $198,913,231 | 9 | March 1, 2023 |
| October 2024 | $230,847,427 | 9 | March 19, 2024 |
| October 2025 | $264,674,639 | 7 | July 10, 2025 |
| October 2026 | $282,474,625 | 9 | March 26, 2026 |

Regulatory assets under management: $209,646,623 in the October 2021 data and $282,474,625 in the October 2026 data, up 35%.
Total employees: 8 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 9.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Compass Financial Advisors LLC (CRD 109131): Form ADV filing data as of October 2026.