{
  "crd_number": 321609,
  "slug": "farrell-financial-orchard-park-ny-321609",
  "primary_business_name": "FARRELL FINANCIAL",
  "legal_name": "FARRELL FINANCIAL LLC",
  "dbas": [],
  "city": "Orchard Park",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "15380",
  "metro": {
    "cbsa_code": "15380",
    "common_name": "Buffalo",
    "msa_name": "Buffalo-Cheektowaga, NY",
    "path": "/advisors/ny/buffalo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-06-06",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-08-11",
  "carried_forward": false,
  "raum_total": 200627067.0,
  "raum_discretionary": 200627067.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 530834.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 74180529.0,
      "count": 189
    },
    "high_net_worth_individuals": {
      "raum": 125915704.0,
      "count": 44
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "MA",
    "NY",
    "RI"
  ],
  "websites": [
    "https://farrellfinancialllc.com",
    "https://linkedin.com/company/farrell-financial-llc/about"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/321609",
  "city_as_filed": "ORCHARD PARK",
  "url": "https://advisorcensus.com/firm/farrell-financial-orchard-park-ny-321609",
  "display_name": "Farrell Financial",
  "summary": "Farrell Financial is an SEC-registered investment advisory firm in Orchard Park, NY, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 11, 2026.",
  "citation": "AdvisorCensus. Farrell Financial (CRD 321609): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Farrell Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Farrell Financial reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Farrell Financial's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated February 3, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Farrell Financial located?",
      "a": "Farrell Financial's principal office is in Orchard Park, NY, according to its Form ADV."
    },
    {
      "q": "Is Farrell Financial registered with the SEC or a state?",
      "a": "Farrell Financial is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321609."
    },
    {
      "q": "How much does Farrell Financial manage?",
      "a": "Farrell Financial reports $200,627,067 in regulatory assets under management in its Form ADV filing dated August 11, 2026 (100% discretionary)."
    },
    {
      "q": "How have Farrell Financial's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Farrell Financial: Regulatory assets under management: $114,000,000 in the October 2022 data and $200,627,067 in the October 2026 data, up 76%. Total employees: 2 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Farrell Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (189); high net worth individuals (44)."
    },
    {
      "q": "Which custodians does Farrell Financial use?",
      "a": "Farrell Financial'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."
    },
    {
      "q": "Does Farrell Financial 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/321609"
    },
    {
      "q": "Does Farrell Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 3, 2026 says: \"The Advisor does not have any minimum requirements for opening or maintaining an account.\""
    },
    {
      "q": "What changed in Farrell Financial's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 114000000.0,
      "total_employees": 2,
      "filing_date": "2022-09-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 112000000.0,
      "total_employees": 2,
      "filing_date": "2023-07-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 142199838.0,
      "total_employees": 2,
      "filing_date": "2024-07-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 172203721.0,
      "total_employees": 2,
      "filing_date": "2025-02-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 200627067.0,
      "total_employees": 3,
      "filing_date": "2026-08-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $172,203,721 to $200,627,067 (+17%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 3, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "the client will pay Farrell Financial a management fee of up to 1.0% per annum, payable monthly in advance, based on the value of portfolio assets of the account managed by the Advisor"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "The Advisor does not have any minimum requirements for opening or maintaining an account."
        ]
      }
    ],
    "quotes": [
      "the client will pay Farrell Financial a management fee of up to 1.0% per annum, payable monthly in advance, based on the value of portfolio assets of the account managed by the Advisor",
      "The Advisor does not have any minimum requirements for opening or maintaining an account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/farrell-financial-orchard-park-ny-321609.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 189,
      "fewer_than_5": false,
      "raum": 74180529.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 44,
      "fewer_than_5": false,
      "raum": 125915704.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 530834.0
    }
  ],
  "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/321609",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}