# Daniels & Erickson Financial Advisors, LLC

> Daniels & Erickson Financial Advisors, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2007, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 119687
- Filed as: DANIELS & ERICKSON FINANCIAL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/119687
- AdvisorCensus page: https://advisorcensus.com/firm/daniels-and-erickson-financial-advisors-llc-dallas-tx-119687

## Quick answers

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

**How much does Daniels & Erickson Financial Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated March 11, 2026 states: Hourly rate: $300 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Daniels & Erickson Financial Advisors, LLC located?**
Daniels & Erickson Financial Advisors, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Daniels & Erickson Financial Advisors, LLC registered with the SEC or a state?**
Daniels & Erickson Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 119687.

**How much does Daniels & Erickson Financial Advisors, LLC manage?**
Daniels & Erickson Financial Advisors, LLC reports $213,569,645 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have Daniels & Erickson Financial Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Daniels & Erickson Financial Advisors, LLC: Regulatory assets under management: $109,101,659 in the October 2021 data and $213,569,645 in the October 2026 data, up 96%. Total employees: 5 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 Daniels & Erickson Financial Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (45); individuals (other than high net worth individuals) (15); corporations or other businesses not listed above (5).

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

**Does Daniels & Erickson 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/119687

**Does Daniels & Erickson Financial Advisors, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 11, 2026 says: "Daniels & Erickson requires a minimum of $1,000,000 to open and maintain an advisory account. At our sole discretion we may waive this requirement."

**What changed in Daniels & Erickson Financial Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $189,104,395 to $213,569,645 (+13%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 11, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> Daniels & Erickson requires a minimum of $1,000,000 to open and maintain an advisory account. At our sole discretion we may waive this requirement.

- Hourly rate: $300 an hour (financial planning services)

> Daniels & Erickson will charge an hourly fee of $300 for financial planning services.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services 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: $213,569,645
- Discretionary: $213,569,645
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 15 | $6,877,738 |
| High net worth individuals | 45 | $190,856,090 |
| 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) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| 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 | 5 | $15,835,817 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2007 (19 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $109,101,659 | 5 | March 15, 2021 |
| October 2022 | $118,079,541 | 4 | March 3, 2022 |
| October 2023 | $156,946,487 | 4 | February 27, 2023 |
| October 2024 | $170,507,592 | 4 | February 22, 2024 |
| October 2025 | $189,104,395 | 4 | March 26, 2025 |
| October 2026 | $213,569,645 | 4 | March 11, 2026 |

Regulatory assets under management: $109,101,659 in the October 2021 data and $213,569,645 in the October 2026 data, up 96%.
Total employees: 5 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $189,104,395 to $213,569,645 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Daniels & Erickson Financial Advisors, LLC (CRD 119687): Form ADV filing data as of October 2026.