# Delta Financial Advisors, Inc

> Delta Financial Advisors, Inc is an SEC-registered investment advisory firm in Kensington, MD, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 16, 2026.

- CRD: 121907
- Filed as: DELTA FINANCIAL ADVISORS, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Kensington, MD
- Filing period: October 2026
- Form ADV filing dated: March 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/121907
- AdvisorCensus page: https://advisorcensus.com/firm/delta-financial-advisors-inc-kensington-md-121907

## Quick answers

**How is Delta Financial Advisors, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Delta Financial Advisors, Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Delta Financial Advisors, Inc located?**
Delta Financial Advisors, Inc's principal office is in Kensington, MD, according to its Form ADV.

**Is Delta Financial Advisors, Inc registered with the SEC or a state?**
Delta Financial Advisors, Inc is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 121907.

**How much does Delta Financial Advisors, Inc manage?**
Delta Financial Advisors, Inc reports $233,958,703 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (100% discretionary).

**How have Delta Financial Advisors, Inc's assets and staff changed since 2021?**
In the Form ADV data for Delta Financial Advisors, Inc: Regulatory assets under management: $123,020,527 in the October 2021 data and $233,958,703 in the October 2026 data, up 90%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Delta Financial Advisors, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (174); high net worth individuals (71).

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

**Does Delta 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/121907

**What changed in Delta Financial Advisors, Inc'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 $208,474,407 to $233,958,703 (+12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab

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: $233,958,703
- Discretionary: $233,777,316
- Non-discretionary: $181,387

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 174 | $53,318,862 |
| High net worth individuals | 71 | $180,639,841 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops

### Firm details
- Registered since: 2021 (5 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DC, FL, LA, MD, NC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- deltafinancialadvisorsinc.com
- dfa1.com
- Facebook @DeltaFinancialAdvisors
- LinkedIn @DELTA-FINANCIAL-ADVISORS-INC.
- X @DFAONE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $123,020,527 | 8 | September 7, 2021 |
| October 2022 | $169,076,834 | 9 | March 21, 2022 |
| October 2023 | $160,111,540 | 7 | April 27, 2023 |
| October 2024 | $188,805,732 | 6 | April 26, 2024 |
| October 2025 | $208,474,407 | 8 | March 13, 2025 |
| October 2026 | $233,958,703 | 10 | March 16, 2026 |

Regulatory assets under management: $123,020,527 in the October 2021 data and $233,958,703 in the October 2026 data, up 90%.
Total employees: 8 in October 2021 and 10 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 $208,474,407 to $233,958,703 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Delta Financial Advisors, Inc (CRD 121907): Form ADV filing data as of October 2026.