# Expand Financial, LLC

> Expand Financial, LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 152515
- Filed as: EXPAND FINANCIAL, LLC
- Also doing business as: EXPAND WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/152515
- AdvisorCensus page: https://advisorcensus.com/firm/expand-financial-llc-152515

## Quick answers

**How is Expand Financial, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Expand Financial, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**How much does Expand Financial, LLC charge?**
Its Form ADV Part 2A brochure dated March 2, 2026 states: Flat fee: $100 to $75,000 a year (Retirement Plan Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Expand Financial, LLC registered with the SEC or a state?**
Expand Financial, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 152515.

**How much does Expand Financial, LLC manage?**
Expand Financial, LLC reports $2,772,194,954 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (97% discretionary).

**How have Expand Financial, LLC's assets and staff changed since 2021?**
In the Form ADV data for Expand Financial, LLC: Regulatory assets under management: $133,765,252 in the October 2021 data and $2,772,194,954 in the October 2026 data, up 1972%. Total employees: 3 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Expand Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (1,739); individuals (other than high net worth individuals) (87); high net worth individuals (32).

**Which custodians does Expand Financial, LLC use?**
Expand Financial, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Matrix Trust and Mid Atlantic Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Expand Financial, LLC 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/152515

**Does Expand Financial, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 2, 2026 says: "We do not impose a minimum account value to initiate our Firm’s advisory and money management services."

**What changed in Expand Financial, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,835,744,176 to $2,772,194,954 (+51%). Employees performing advisory functions went from 3 to 6. Added the business name Expand Wealth. Registered or notice-filed in IA, PR.

## From the Form ADV filing

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

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

- Account minimum: None

> We do not impose a minimum account value to initiate our Firm’s advisory and money management services.

- Flat fee: $100 to $75,000 a year (Retirement Plan Services)

> Our asset-based Retirement Plan fees range from 0.03% to 1.00% and flat fixed fees may range from $100 to $75,000/annually.

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.
- Matrix Trust
- Mid Atlantic Trust Company

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: $2,772,194,954
- Discretionary: $2,696,226,811
- Non-discretionary: $75,968,143

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 87 | $17,111,027 |
| High net worth individuals | 32 | $68,061,117 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1,739 | $2,687,022,810 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2021 (5 years)
- Employees: 6 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, AZ, CA, CO, CT, DC, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, SC, TN, TX, UT, VA, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Waco, TX

### Websites listed on Form ADV (Item 1.I)
- expandfinancial.com
- expandwealth.com
- LinkedIn @82755062

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $133,765,252 | 3 | July 20, 2021 |
| October 2022 | $300,936,364 | 3 | September 13, 2022 |
| October 2023 | $931,897,408 | 4 | August 1, 2023 |
| October 2024 | $1,399,749,710 | 6 | August 9, 2024 |
| October 2025 | $1,835,744,176 | 6 | July 9, 2025 |
| October 2026 | $2,772,194,954 | 6 | September 23, 2026 |

Regulatory assets under management: $133,765,252 in the October 2021 data and $2,772,194,954 in the October 2026 data, up 1972%.
Total employees: 3 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,835,744,176 to $2,772,194,954 (+51%).
- Employees performing advisory functions went from 3 to 6.
- Added the business name Expand Wealth.
- Registered or notice-filed in IA, PR.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Expand Financial, LLC (CRD 152515): Form ADV filing data as of October 2026.