{ "crd_number": 150330, "slug": "fiduciary-first-maitland-fl-150330", "primary_business_name": "FIDUCIARY FIRST", "legal_name": "FIDUCIARY FIRST, LLC", "dbas": [ "WEALTHSPIRE RETIREMENT ADVISORY" ], "city": "Maitland", "state": "FL", "country": "United States", "cbsa_code": "36740", "metro": { "cbsa_code": "36740", "common_name": "Orlando", "msa_name": "Orlando-Kissimmee-Sanford, FL", "path": "/advisors/fl/orlando" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2011-04-07", "years_registered": 15, "period": "2026-10-01", "filing_date": "2026-03-26", "carried_forward": false, "raum_total": 2461767783.0, "raum_discretionary": 2461767783.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 7, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "pension_profit_sharing": { "raum": 2461767783.0, "count": 27 } }, "compensation_types": [ "fixed", "hourly", "other", "percentage_of_aum" ], "advisory_activities": [ "pension_consulting" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/150330", "city_as_filed": "MAITLAND", "url": "https://advisorcensus.com/firm/fiduciary-first-maitland-fl-150330", "display_name": "Fiduciary First", "summary": "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.", "citation": "AdvisorCensus. Fiduciary First (CRD 150330): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)", "Other" ], "advisory_activity_labels": [ "Pension consulting services" ], "quick_answers": [ { "q": "How is Fiduciary First compensated?", "a": "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." }, { "q": "Where is Fiduciary First located?", "a": "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)." }, { "q": "Is Fiduciary First registered with the SEC or a state?", "a": "Fiduciary First is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 150330." }, { "q": "How much does Fiduciary First manage?", "a": "Fiduciary First reports $2,461,767,783 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)." }, { "q": "How have Fiduciary First's assets and staff changed since 2021?", "a": "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." }, { "q": "What types of clients does Fiduciary First serve?", "a": "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)." }, { "q": "Does Fiduciary First 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/150330" }, { "q": "Does Fiduciary First state an account minimum?", "a": "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.\"" }, { "q": "What changed in Fiduciary First's recent Form ADV filings?", "a": "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%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3395815206.0, "total_employees": 8, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3868052294.0, "total_employees": 8, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2773020274.0, "total_employees": 8, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3307577140.0, "total_employees": 4, "filing_date": "2024-05-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 5178849217.0, "total_employees": 4, "filing_date": "2025-03-27" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2461767783.0, "total_employees": 7, "filing_date": "2026-03-26" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "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%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "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)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 26, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "The Adviser does not require a minimum Plan size to establish a client relationship." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 0.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The Adviser does not require a minimum Plan size to establish a client relationship." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/fiduciary-first-maitland-fl-150330.md", "clients": [ { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 27, "fewer_than_5": false, "raum": 2461767783.0 } ], "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/150330", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }