AdvisorCensus / Financial advisors / Indiana / Indianapolis / Deerfield
Deerfield is an SEC-registered investment advisory firm in Indianapolis, IN, registered since 1985, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 3, 2026.
Quick answers
From the filingHow is Deerfield compensated?
On its Form ADV (Item 5.E, October 2026), Deerfield reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Deerfield located?
Deerfield's principal office is in Indianapolis, IN, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Deerfield registered with the SEC or a state?
Deerfield is an SEC-registered investment advisory firm, registered since 1985. Status as filed: Approved. CRD 104964.
How much does Deerfield manage?
Deerfield reports $1,176,249,776 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (83% discretionary).
How have Deerfield's assets and staff changed since 2021?
In the Form ADV data for Deerfield: Regulatory assets under management: $715,773,162 in the October 2021 data and $1,176,249,776 in the October 2026 data, up 64%. Total employees: 13 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Deerfield serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (163); individuals (other than high net worth individuals) (147); pension and profit sharing plans (but not the plan participants or government pension plans) (8).
Which custodians does Deerfield use?
Deerfield'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 Deerfield 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/104964
Does Deerfield state an account minimum?
Its Form ADV Part 2A brochure dated March 3, 2026 says: "There are no minimum investment amounts for establishing an account managed by Deerfield Financial Advisors, however, there will be discussion during the initial complementary meeting to determine if the client embraces Deerfield’s investment philosophy and if there is alignment between the services needed and Deerfield’s applicable fees."
What changed in Deerfield's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $958,738,339 to $1,176,249,776 (+23%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: None
The brochure's wording
There are no minimum investment amounts for establishing an account managed by Deerfield Financial Advisors, however, there will be discussion during the initial complementary meeting to determine if the client embraces Deerfield’s investment philosophy and if there is alignment between the services needed and Deerfield’s applicable fees.
As stated in the firm's Form ADV Part 2A brochure dated March 3, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,176,249,776 as of October 2026, filing dated March 3, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Legal name
- Deerfield Financial Advisors, Inc.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1985 (41 years)
- Employees
- Total: 14. Performing investment advisory functions: 6.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
6 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,176,249,776 | 14 | March 3, 2026 |
| October 2025 | $958,738,339 | 15 | May 7, 2025 |
| October 2024 | $831,472,258 | 12 | March 6, 2024 |
| October 2023 | $740,027,099 | 11 | March 9, 2023 |
| October 2022 | $770,436,707 | 11 | July 25, 2022 |
| October 2021 | $715,773,162 | 13 | April 29, 2021 |
Regulatory assets under management: $715,773,162 in the October 2021 data and $1,176,249,776 in the October 2026 data, up 64%.
Total employees: 13 in October 2021 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $958,738,339 to $1,176,249,776 (+23%).
- December 2025
- Registered or notice-filed in MA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Deerfield (CRD 104964): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/deerfield-indianapolis-in-104964