# 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.

- CRD: 104964
- Filed as: DEERFIELD
- Legal name: Deerfield Financial Advisors, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Indianapolis, IN
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104964
- AdvisorCensus page: https://advisorcensus.com/firm/deerfield-indianapolis-in-104964

## Quick answers

**How 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

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

### Fees and minimums (Form ADV Part 2A brochure dated March 3, 2026)

- Account minimum: None

> 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 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: $1,176,249,776
- Discretionary: $974,666,210
- Non-discretionary: $201,583,566

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 147 | $117,389,950 |
| High net worth individuals | 163 | $1,017,213,521 |
| 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) | 8 | $10,838,206 |
| Charitable organizations | 6 | $25,916,358 |
| 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 | 7 | $4,891,741 |
| Other | 0 | $0 |

### 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

### Firm details
- Registered since: 1985 (41 years)
- Employees: 14 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IL, IN, MA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Park Ridge, IL

### Websites listed on Form ADV (Item 1.I)
- deerfieldfa.com
- napfa.org/FIRM/1180
- Facebook @DEERFIELDFA
- LinkedIn @DEERFIELD-FINANCIAL-ADVISORS
- X @DEERFIELDFA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $715,773,162 | 13 | April 29, 2021 |
| October 2022 | $770,436,707 | 11 | July 25, 2022 |
| October 2023 | $740,027,099 | 11 | March 9, 2023 |
| October 2024 | $831,472,258 | 12 | March 6, 2024 |
| October 2025 | $958,738,339 | 15 | May 7, 2025 |
| October 2026 | $1,176,249,776 | 14 | March 3, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Deerfield (CRD 104964): Form ADV filing data as of October 2026.