# Fefa Financial

> Fefa Financial is an SEC-registered investment advisory firm in Saint Louis, MO, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 13, 2026.

- CRD: 324833
- Filed as: FEFA FINANCIAL
- Legal name: VCI Wealth Management LLC
- Also doing business as: FEFA FINANCIAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Saint Louis, MO
- Filing period: October 2026
- Form ADV filing dated: May 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324833
- AdvisorCensus page: https://advisorcensus.com/firm/fefa-financial-saint-louis-mo-324833

## Quick answers

**How is Fefa Financial compensated?**
On its Form ADV (Item 5.E, October 2026), Fefa Financial reports these compensation arrangements: a percentage of assets under its management.

**Where is Fefa Financial located?**
Fefa Financial's principal office is in Saint Louis, MO, according to its Form ADV.

**Is Fefa Financial registered with the SEC or a state?**
Fefa Financial is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324833.

**How much does Fefa Financial manage?**
Fefa Financial reports $435,258,041 in regulatory assets under management in its Form ADV filing dated May 13, 2026 (100% discretionary).

**How have Fefa Financial's assets and staff changed since 2023?**
In the Form ADV data for Fefa Financial: Regulatory assets under management: $114,338,890 in the October 2023 data and $435,258,041 in the October 2026 data, up 281%. Total employees: 23 in October 2023 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fefa Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,642); high net worth individuals (37); charitable organizations (3).

**Which custodians does Fefa Financial use?**
Fefa 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.

**Does Fefa Financial 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/324833

**Does Fefa Financial state an account minimum?**
Its Form ADV Part 2A brochure dated February 6, 2026 says: "There is no account minimum for any of FEFA Financial’s services."

**What changed in Fefa Financial's recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 24 to 23. 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

### Fees and minimums (Form ADV Part 2A brochure dated February 6, 2026)

- Account minimum: None

> There is no account minimum for any of FEFA Financial’s services.

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: $435,258,041
- Discretionary: $435,258,041
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,642 | $368,181,333 |
| High net worth individuals | 37 | $65,626,701 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $316,547 |
| Charitable organizations | 3 | $235,544 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 3 | $897,916 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 32 total, 23 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fefafinancial.com
- Facebook @TEAMFEFA
- LinkedIn @teamfefa

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $114,338,890 | 23 | October 4, 2023 |
| October 2024 | $191,398,581 | 22 | September 9, 2024 |
| October 2025 | $294,753,665 | 23 | March 18, 2025 |
| October 2026 | $435,258,041 | 32 | May 13, 2026 |

Regulatory assets under management: $114,338,890 in the October 2023 data and $435,258,041 in the October 2026 data, up 281%.
Total employees: 23 in October 2023 and 32 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 24 to 23.
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Employees performing advisory functions went from 23 to 24.

### April 2026
- Employees performing advisory functions went from 24 to 23.

### March 2026
- Employees performing advisory functions went from 23 to 24.
- Regulatory assets under management went from $294,753,665 to $435,258,041 (+48%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fefa Financial (CRD 324833): Form ADV filing data as of October 2026.