Edelman Financial Engines

• A percentage of assets under your management
• Hourly charges
• Subscription fees (for a newsletter or periodical)
• Fixed fees (other than subscription fees)
• Other

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

See the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$326,285,243,393 as of October 2026, filing dated July 24, 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

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services
• Selection of other advisers (including private fund managers)
• Publication of periodicals or newsletters
• Educational seminars/workshops

Legal name

Financial Engines Advisors L.L.C.

Also doing business as

EDELMAN FINANCIAL ENGINES

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

1998 (28 years)

Employees

Total: 1,679. Performing investment advisory functions: 553.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

Alight Solutions, LLCCharles Schwab & Co., Inc.Fidelity Distributors Company LLCThe Vanguard Group IncVoya Retirement Advisors, 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.

Other offices (Schedule D, Section 1.F)

25 other offices, as of the August 2026 filing

Alexandria, VAAustin, TXBoca Raton, FLBoston, MABurlington, MAChandler, AZColumbus, OHCosta Mesa, CAEllicott City, MDFairfax, VAFederal Way, WAHenrico, VALynnwood, WANorthbrook, ILNorwood, MANovi, MIOakbrook Terrace, ILOverland Park, KSPhoenix, AZRoseville, CATroy, MITysons, VAUniondale, NYWalnut Creek, CAWest Conshohocken, PA

States registered or notice-filed

53 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVIVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None 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

Regulatory assets under management: $260,100,000,000 in the October 2021 data and $326,285,243,393 in the October 2026 data, up 25%.

Total employees: 1,489 in October 2021 and 1,679 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.

1. August 2026
   • Updated its list of owners and control persons (Schedule A).
2. April 2026
   • Employees performing advisory functions went from 470 to 553.
   • Regulatory assets under management went from $292,902,969,770 to $326,285,243,393 (+11%).
   • Added an office in Chandler, AZ.
   • Added an office in Ellicott City, MD.
   • Added an office in Federal Way, WA.
   • Added an office in Lynnwood, WA.
   • Added an office in Roseville, CA.
   • No longer lists an office in Ashburn, VA.
   • No longer lists an office in Bothell, WA.
   • No longer lists an office in Chesterfield, MO.
   • No longer lists an office in Indianapolis, IN.
   • No longer lists an office in Providence, RI.
   • Updated its list of owners and control persons (Schedule A).
3. February 2026
   • Updated its list of owners and control persons (Schedule A).
4. November 2025
   • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.