# Davies Financial Advisors, Inc.

> Davies Financial Advisors, Inc. is an SEC-registered investment advisory firm in Murrieta, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 139764
- Filed as: DAVIES FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Murrieta, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/139764
- AdvisorCensus page: https://advisorcensus.com/firm/davies-financial-advisors-inc-murrieta-ca-139764

## Quick answers

**How is Davies Financial Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Davies Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Davies Financial Advisors, Inc. located?**
Davies Financial Advisors, Inc.'s principal office is in Murrieta, CA, according to its Form ADV.

**Is Davies Financial Advisors, Inc. registered with the SEC or a state?**
Davies Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 139764.

**How much does Davies Financial Advisors, Inc. manage?**
Davies Financial Advisors, Inc. reports $123,078,109 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Davies Financial Advisors, Inc.'s assets and staff changed since 2022?**
In the Form ADV data for Davies Financial Advisors, Inc.: Regulatory assets under management: $110,299,247 in the October 2022 data and $123,078,109 in the October 2026 data, up 12%. Total employees: 7 in October 2022 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Davies Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (104); corporations or other businesses not listed above (46); high net worth individuals (21).

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

**Does Davies Financial Advisors, 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/139764

**What changed in Davies Financial Advisors, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 6. Regulatory assets under management went from $288,171,244 to $123,078,109 (-57%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- 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: $123,078,109
- Discretionary: $123,078,109
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 104 | $25,275,704 |
| High net worth individuals | 21 | $64,632,915 |
| Charitable organizations | Fewer than 5 | $1,665,324 |
| Corporations or other businesses not listed above | 46 | $31,504,166 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, ID, NE, NV, OR, TN, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ajdavies.net
- LinkedIn @andydavies5

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $110,299,247 | 7 | August 15, 2022 |
| October 2023 | $118,478,524 | 7 | July 17, 2023 |
| October 2024 | $165,308,484 | 8 | September 5, 2024 |
| October 2025 | $288,171,244 | 11 | March 12, 2025 |
| October 2026 | $123,078,109 | 10 | March 30, 2026 |

Regulatory assets under management: $110,299,247 in the October 2022 data and $123,078,109 in the October 2026 data, up 12%.
Total employees: 7 in October 2022 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 6.
- Regulatory assets under management went from $288,171,244 to $123,078,109 (-57%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Davies Financial Advisors, Inc. (CRD 139764): Form ADV filing data as of October 2026.