{
  "crd_number": 124004,
  "slug": "cra-financial-services-l-l-c-northfield-nj-124004",
  "primary_business_name": "CRA FINANCIAL SERVICES, L.L.C.",
  "legal_name": "CRA FINANCIAL SERVICES, L.L.C.",
  "dbas": [],
  "city": "Northfield",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "12100",
  "metro": {
    "cbsa_code": "12100",
    "common_name": "Atlantic City",
    "msa_name": "Atlantic City-Hammonton, NJ",
    "path": "/advisors/nj/atlantic-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-08-18",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-05-15",
  "carried_forward": false,
  "raum_total": 1693368017.0,
  "raum_discretionary": 1519482721.0,
  "raum_non_discretionary": 173885296.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 11,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 16617169.0,
      "count": 19
    },
    "individuals": {
      "raum": 273227175.0,
      "count": 922
    },
    "pension_profit_sharing": {
      "raum": 212522323.0,
      "count": 82
    },
    "high_net_worth_individuals": {
      "raum": 1126293422.0,
      "count": 377
    },
    "corporations_other_businesses": {
      "raum": 64707928.0,
      "count": 33
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "FL",
    "LA",
    "MD",
    "NC",
    "NH",
    "NJ",
    "NV",
    "NY",
    "PA",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://crafinancial.com",
    "https://facebook.com/crafinancialllc",
    "https://linkedin.com/COMPANY/CRAFINANCIALLLC",
    "https://linkedin.com/in/joe-mccaffrey-cra",
    "https://linkedin.com/in/robert-t-martin-cfa-cfp%c2%ae-mba-4b77a012"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/124004",
  "city_as_filed": "NORTHFIELD",
  "url": "https://advisorcensus.com/firm/cra-financial-services-l-l-c-northfield-nj-124004",
  "display_name": "CRA Financial Services, L.L.C.",
  "summary": "CRA Financial Services, L.L.C. is an SEC-registered investment advisory firm in Northfield, NJ, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 15, 2026.",
  "citation": "AdvisorCensus. CRA Financial Services, L.L.C. (CRD 124004): 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",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is CRA Financial Services, L.L.C. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), CRA Financial Services, L.L.C. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does CRA Financial Services, L.L.C. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 12, 2026 states: Asset-based fee: 0.75% to 1% a year (a range, as the brochure states it); Flat fee: $1,000 to $5,000 (financial planning and consulting services); Hourly rate: $300 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is CRA Financial Services, L.L.C. located?",
      "a": "CRA Financial Services, L.L.C.'s principal office is in Northfield, NJ, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is CRA Financial Services, L.L.C. registered with the SEC or a state?",
      "a": "CRA Financial Services, L.L.C. is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124004."
    },
    {
      "q": "How much does CRA Financial Services, L.L.C. manage?",
      "a": "CRA Financial Services, L.L.C. reports $1,693,368,017 in regulatory assets under management in its Form ADV filing dated May 15, 2026 (90% discretionary)."
    },
    {
      "q": "How have CRA Financial Services, L.L.C.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for CRA Financial Services, L.L.C.: Regulatory assets under management: $907,124,846 in the October 2021 data and $1,693,368,017 in the October 2026 data, up 87%. Total employees: 11 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does CRA Financial Services, L.L.C. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (922); high net worth individuals (377); pension and profit sharing plans (but not the plan participants or government pension plans) (82)."
    },
    {
      "q": "Which custodians does CRA Financial Services, L.L.C. use?",
      "a": "CRA Financial Services, L.L.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does CRA Financial Services, L.L.C. 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/124004"
    },
    {
      "q": "Does CRA Financial Services, L.L.C. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 12, 2026 says: \"CRA does not impose a minimum account size or minimum annual fee requirement.\""
    },
    {
      "q": "What changed in CRA Financial Services, L.L.C.'s recent Form ADV filings?",
      "a": "In the June 2026 filing data: Added an office in Haddonfield, NJ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 907124846.0,
      "total_employees": 11,
      "filing_date": "2021-03-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1108444201.0,
      "total_employees": 13,
      "filing_date": "2022-09-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 966091824.0,
      "total_employees": 13,
      "filing_date": "2023-03-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1200689624.0,
      "total_employees": 13,
      "filing_date": "2024-04-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1451447613.0,
      "total_employees": 14,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1693368017.0,
      "total_employees": 14,
      "filing_date": "2026-05-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Added an office in Haddonfield, NJ."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 11.",
        "Regulatory assets under management went from $1,451,447,613 to $1,693,368,017 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 12, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.75% to 1% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,000 to $5,000 (financial planning and consulting services)",
      "Hourly rate: $300 an hour (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.75% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The annual fee varies (generally between 0.75% and 1.00%) depending upon the market value of the assets under management per the fee schedule that is a part of its Investment Advisory Agreement."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "CRA does not impose a minimum account size or minimum annual fee requirement."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $5,000 (financial planning and consulting services)"
        ],
        "quotes": [
          "CRA charges a fixed fee and/or hourly fee for financial planning and consulting services depending on the particular client engagement. These fees are negotiable, but generally range from $1,000 to $5,000 on a fixed fee basis"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (financial planning and consulting services)"
        ],
        "quotes": [
          "CRA charges a fixed fee and/or hourly fee for financial planning and consulting services depending on the particular client engagement. These fees are negotiable, but generally range from $1,000 to $5,000 on a fixed fee basis and/or $300 on an hourly rate basis"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.75,
        1.0
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 5000.0,
          "period": "one_time",
          "service": "financial planning and consulting services"
        },
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "The annual fee varies (generally between 0.75% and 1.00%) depending upon the market value of the assets under management per the fee schedule that is a part of its Investment Advisory Agreement.",
      "CRA does not impose a minimum account size or minimum annual fee requirement.",
      "CRA charges a fixed fee and/or hourly fee for financial planning and consulting services depending on the particular client engagement. These fees are negotiable, but generally range from $1,000 to $5,000 on a fixed fee basis",
      "CRA charges a fixed fee and/or hourly fee for financial planning and consulting services depending on the particular client engagement. These fees are negotiable, but generally range from $1,000 to $5,000 on a fixed fee basis and/or $300 on an hourly rate basis"
    ],
    "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
    },
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "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/cra-financial-services-l-l-c-northfield-nj-124004.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 922,
      "fewer_than_5": false,
      "raum": 273227175.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 377,
      "fewer_than_5": false,
      "raum": 1126293422.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 82,
      "fewer_than_5": false,
      "raum": 212522323.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 19,
      "fewer_than_5": false,
      "raum": 16617169.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 33,
      "fewer_than_5": false,
      "raum": 64707928.0
    }
  ],
  "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/124004",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}