AdvisorCensus / Financial advisors / Florida / Orlando / Fiduciary First
Fiduciary First
Filed as FIDUCIARY FIRST · Legal name Fiduciary First, LLC
Fiduciary First is an SEC-registered investment advisory firm in Maitland, FL, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.
Quick answers
From the filingHow is Fiduciary First compensated?
On its Form ADV (Item 5.E, October 2026), Fiduciary First reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.
Where is Fiduciary First located?
Fiduciary First's principal office is in Maitland, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Fiduciary First registered with the SEC or a state?
Fiduciary First is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 150330.
How much does Fiduciary First manage?
Fiduciary First reports $2,461,767,783 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).
How have Fiduciary First's assets and staff changed since 2021?
In the Form ADV data for Fiduciary First: Regulatory assets under management: $3,395,815,206 in the October 2021 data and $2,461,767,783 in the October 2026 data, down 28%. Total employees: 8 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Fiduciary First 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) (27).
Does Fiduciary First 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/150330
Does Fiduciary First state an account minimum?
Its Form ADV Part 2A brochure dated March 26, 2026 says: "The Adviser does not require a minimum Plan size to establish a client relationship."
What changed in Fiduciary First's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 2 to 7. Regulatory assets under management went from $5,178,849,217 to $2,461,767,783 (-52%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- 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
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None
The brochure's wording
The Adviser does not require a minimum Plan size to establish a client relationship.
As stated in the firm's Form ADV Part 2A brochure dated March 26, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$2,461,767,783 as of October 2026, filing dated March 26, 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
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Pension consulting services
Registration and firm details
Items 1, 2, 5- Legal name
- Fiduciary First, LLC
- Also doing business as
- WEALTHSPIRE RETIREMENT ADVISORY
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (15 years)
- Employees
- Total: 7. Performing investment advisory functions: 7.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None 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
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,461,767,783 | 7 | March 26, 2026 |
| October 2025 | $5,178,849,217 | 4 | March 27, 2025 |
| October 2024 | $3,307,577,140 | 4 | May 28, 2024 |
| October 2023 | $2,773,020,274 | 8 | March 30, 2023 |
| October 2022 | $3,868,052,294 | 8 | March 30, 2022 |
| October 2021 | $3,395,815,206 | 8 | March 31, 2021 |
Regulatory assets under management: $3,395,815,206 in the October 2021 data and $2,461,767,783 in the October 2026 data, down 28%.
Total employees: 8 in October 2021 and 7 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.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 2 to 7.
- Regulatory assets under management went from $5,178,849,217 to $2,461,767,783 (-52%).
- February 2026
- Updated its list of owners and control persons (Schedule A).
- December 2025
- No longer lists the business name NFP Retirement, Inc..
- Added the business name Wealthspire Retirement Advisory.
- 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.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Fiduciary First (CRD 150330): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/fiduciary-first-maitland-fl-150330