# Delta Financial Advisors, L.L.C.

> Delta Financial Advisors, L.L.C. is an SEC-registered investment advisory firm in Metairie, LA, registered since 2003, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 23, 2026.

- CRD: 122092
- Filed as: DELTA FINANCIAL ADVISORS, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Metairie, LA
- Filing period: October 2026
- Form ADV filing dated: July 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122092
- AdvisorCensus page: https://advisorcensus.com/firm/delta-financial-advisors-l-l-c-metairie-la-122092

## Quick answers

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

**Where is Delta Financial Advisors, L.L.C. located?**
Delta Financial Advisors, L.L.C.'s principal office is in Metairie, LA, according to its Form ADV.

**Is Delta Financial Advisors, L.L.C. registered with the SEC or a state?**
Delta Financial Advisors, L.L.C. is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 122092.

**How much does Delta Financial Advisors, L.L.C. manage?**
Delta Financial Advisors, L.L.C. reports $592,287,336 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (90% discretionary).

**How have Delta Financial Advisors, L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Delta Financial Advisors, L.L.C.: Regulatory assets under management: $351,790,319 in the October 2021 data and $592,287,336 in the October 2026 data, up 68%. Total employees: 4 in October 2021 and 5 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, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (113); high net worth individuals (98); corporations or other businesses not listed above (5).

**Which custodians does Delta Financial Advisors, L.L.C. use?**
Delta Financial Advisors, L.L.C.'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 Delta Financial Advisors, L.L.C. 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/122092

**Does Delta Financial Advisors, L.L.C. state an account minimum?**
Its Form ADV Part 2A brochure dated July 21, 2026 says: "Our minimum account size is $500,000.00 per client. You may meet this minimum by using one or more accounts. This minimum may be lowered if we believe that we may provide a proper level of service after reviewing your unique circumstances."

**What changed in Delta Financial Advisors, L.L.C.'s recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated July 21, 2026)

- Account minimum: $500,000

> Our minimum account size is $500,000.00 per client. You may meet this minimum by using one or more accounts. This minimum may be lowered if we believe that we may provide a proper level of service after reviewing your unique circumstances.

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: $592,287,336
- Discretionary: $531,167,011
- Non-discretionary: $61,120,325

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 113 | $46,466,802 |
| High net worth individuals | 98 | $466,574,851 |
| Charitable organizations | 1 | $5,297,960 |
| Corporations or other businesses not listed above | 5 | $73,947,723 |

### 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: 2003 (23 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, FL, LA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [deltafinad.com](https://deltafinad.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $351,790,319 | 4 | May 28, 2021 |
| October 2022 | $402,858,900 | 4 | March 15, 2022 |
| October 2023 | $339,033,824 | 4 | March 14, 2023 |
| October 2024 | $381,076,526 | 4 | March 20, 2024 |
| October 2025 | $429,701,881 | 4 | May 14, 2025 |
| October 2026 | $592,287,336 | 5 | July 23, 2026 |

Regulatory assets under management: $351,790,319 in the October 2021 data and $592,287,336 in the October 2026 data, up 68%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $429,701,881 to $592,287,336 (+38%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Delta Financial Advisors, L.L.C. (CRD 122092): Form ADV filing data as of October 2026.