{ "crd_number": 288434, "slug": "emergent-financial-services-llc-charlottesville-va-288434", "primary_business_name": "EMERGENT FINANCIAL SERVICES, LLC.", "legal_name": "EMERGENT FINANCIAL SERVICES, LLC.", "dbas": [], "city": "Charlottesville", "state": "VA", "country": "United States", "cbsa_code": "16820", "metro": { "cbsa_code": "16820", "common_name": "Charlottesville", "msa_name": "Charlottesville, VA", "path": "/advisors/va/charlottesville" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-10-22", "years_registered": 7, "period": "2026-10-01", "filing_date": "2026-03-24", "carried_forward": false, "raum_total": 195201000.0, "raum_discretionary": 95201000.0, "raum_non_discretionary": 100000000.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 5, "advisory_employees": 4, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 1000.0, "count": null, "fewer_than_5": true }, "individuals": { "raum": 35300000.0, "count": 227 }, "state_municipal": { "raum": 127400000.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 32500000.0, "count": 19 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NJ", "NY", "VA" ], "websites": [ "https://emergentfs.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288434", "city_as_filed": "CHARLOTTESVILLE", "url": "https://advisorcensus.com/firm/emergent-financial-services-llc-charlottesville-va-288434", "display_name": "Emergent Financial Services, LLC.", "summary": "Emergent Financial Services, LLC. is an SEC-registered investment advisory firm in Charlottesville, VA, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.", "citation": "AdvisorCensus. Emergent Financial Services, LLC. (CRD 288434): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Emergent Financial Services, LLC. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Emergent Financial Services, LLC. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is Emergent Financial Services, LLC. located?", "a": "Emergent Financial Services, LLC.'s principal office is in Charlottesville, VA, according to its Form ADV." }, { "q": "Is Emergent Financial Services, LLC. registered with the SEC or a state?", "a": "Emergent Financial Services, LLC. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 288434." }, { "q": "How much does Emergent Financial Services, LLC. manage?", "a": "Emergent Financial Services, LLC. reports $195,201,000 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (49% discretionary)." }, { "q": "How have Emergent Financial Services, LLC.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Emergent Financial Services, LLC.: Regulatory assets under management: $1,091,850,000 in the October 2021 data and $195,201,000 in the October 2026 data, down 82%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Emergent Financial Services, LLC. serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (227); high net worth individuals (19)." }, { "q": "Which custodians does Emergent Financial Services, LLC. use?", "a": "Emergent Financial Services, LLC.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Emergent Financial Services, LLC. report any disciplinary disclosures?", "a": "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/288434" }, { "q": "What changed in Emergent Financial Services, LLC.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $110,401,000 to $195,201,000 (+77%). Registered or notice-filed in NJ." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1091850000.0, "total_employees": 5, "filing_date": "2021-04-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1087665000.0, "total_employees": 5, "filing_date": "2022-02-03" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1105901000.0, "total_employees": 5, "filing_date": "2023-02-17" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1109311000.0, "total_employees": 5, "filing_date": "2024-03-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": 110401000.0, "total_employees": 5, "filing_date": "2025-01-29" }, { "period": "2026-10-01", "regulatory_assets_under_management": 195201000.0, "total_employees": 5, "filing_date": "2026-03-24" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $110,401,000 to $195,201,000 (+77%).", "Registered or notice-filed in NJ." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Altruist", "name_as_filed": "ALTRUIST", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/emergent-financial-services-llc-charlottesville-va-288434.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 227, "fewer_than_5": false, "raum": 35300000.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 19, "fewer_than_5": false, "raum": 32500000.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 1000.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": null, "fewer_than_5": true, "raum": 127400000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288434", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }