# Costello Financial Planning, Inc.

> Costello Financial Planning, Inc. is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 28, 2026.

- CRD: 175295
- Filed as: COSTELLO FINANCIAL PLANNING, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: July 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175295
- AdvisorCensus page: https://advisorcensus.com/firm/costello-financial-planning-inc-175295

## Quick answers

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

**What does Costello Financial Planning, Inc.'s brochure say about its fees?**
Its Form ADV Part 2A brochure dated July 28, 2026 states: Up to $1,000,000: 0.99% a year; $1,000,001 to $2,000,000: 0.89% a year; $2,000,001 to $3,000,000: 0.79% a year; $3,000,001 to $4,000,000: 0.69% a year; $4,000,001 to $5,000,000: 0.59% a year; Above $5,000,001: 0.49% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Costello Financial Planning, Inc. registered with the SEC or a state?**
Costello Financial Planning, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 175295.

**How much does Costello Financial Planning, Inc. manage?**
Costello Financial Planning, Inc. reports $217,082,647 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (86% discretionary).

**How have Costello Financial Planning, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Costello Financial Planning, Inc.: Regulatory assets under management: $106,170,519 in the October 2021 data and $217,082,647 in the October 2026 data, up 104%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Costello Financial Planning, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (69); high net worth individuals (40); corporations or other businesses not listed above (4).

**Which custodians does Costello Financial Planning, Inc. use?**
Costello Financial Planning, Inc.'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 Costello Financial Planning, Inc. 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/175295

**What changed in Costello Financial Planning, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $168,137,057 to $217,082,647 (+29%). Added an office in Burlington, VT. Registered or notice-filed in VT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 28, 2026)

- Up to $1,000,000: 0.99% a year
- $1,000,001 to $2,000,000: 0.89% a year
- $2,000,001 to $3,000,000: 0.79% a year
- $3,000,001 to $4,000,000: 0.69% a year
- $4,000,001 to $5,000,000: 0.59% a year
- Above $5,000,001: 0.49% a year

> Services are provided on a fee-only basis and are based on a percentage of assets that Costello Financial Planning, Inc. manages according to the schedule below: Total Assets Under Management Annual Fee First $1,000,000 0.99%

> $1,000,001 to $2,000,000 0.89%

> $2,000,001 to $3,000,000 0.79%

> $3,000,001 to $4,000,000 0.69%

> $4,000,001 to $5,000,000 0.59%

> Over $5,000,000 0.49%

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: $217,082,647
- Discretionary: $185,773,825
- Non-discretionary: $31,308,822

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 69 | $175,221,070 |
| High net worth individuals | 40 | $17,110,988 |
| 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) | 3 | $19,320,801 |
| Charitable organizations | 1 | $2,426,975 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| 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 | 4 | $3,002,813 |
| Other | 0 | $0 |

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

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

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Burlington, VT
- Chicago, IL

### Websites listed on Form ADV (Item 1.I)
- costellofinancialplanning.com
- LinkedIn @costello-financial-planning

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $106,170,519 | 2 | July 2, 2021 |
| October 2022 | $120,149,326 | 2 | March 31, 2022 |
| October 2023 | $115,657,476 | 2 | March 15, 2023 |
| October 2024 | $139,780,927 | 2 | February 29, 2024 |
| October 2025 | $168,137,057 | 2 | March 14, 2025 |
| October 2026 | $217,082,647 | 2 | July 28, 2026 |

Regulatory assets under management: $106,170,519 in the October 2021 data and $217,082,647 in the October 2026 data, up 104%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $168,137,057 to $217,082,647 (+29%).
- Added an office in Burlington, VT.
- Registered or notice-filed in VT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Costello Financial Planning, Inc. (CRD 175295): Form ADV filing data as of October 2026.