# Financial Advisory Services

> Financial Advisory Services is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 118496
- Filed as: FINANCIAL ADVISORY SERVICES
- Legal name: Larsen, Glen Allen
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salt Lake City, UT
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118496
- AdvisorCensus page: https://advisorcensus.com/firm/financial-advisory-services-salt-lake-city-ut-118496

## Quick answers

**How is Financial Advisory Services compensated?**
On its Form ADV (Item 5.E, October 2026), Financial Advisory Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; performance-based fees.

**Where is Financial Advisory Services located?**
Financial Advisory Services' principal office is in Salt Lake City, UT, according to its Form ADV.

**Is Financial Advisory Services registered with the SEC or a state?**
Financial Advisory Services is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 118496.

**How much does Financial Advisory Services manage?**
Financial Advisory Services reports $146,605,113 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Financial Advisory Services' assets and staff changed since 2024?**
In the Form ADV data for Financial Advisory Services: Regulatory assets under management: $124,000,000 in the October 2024 data and $146,605,113 in the October 2026 data, up 18%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Financial Advisory Services serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (34); corporations or other businesses not listed above (6).

**Which custodians does Financial Advisory Services use?**
Financial Advisory Services' 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 Financial Advisory Services report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/118496

**Does Financial Advisory Services state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "There is no account minimum."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: None

> There is no account minimum.

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: $146,605,113
- Discretionary: $146,535,207
- Non-discretionary: $69,906

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 34 | $3,431,696 |
| High net worth individuals | 39 | $105,640,430 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $7,745,239 |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 6 | $29,787,748 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/118496

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $124,000,000 | 1 | June 5, 2024 |
| October 2025 | $135,000,000 | 1 | March 31, 2025 |
| October 2026 | $146,605,113 | 1 | March 30, 2026 |

Regulatory assets under management: $124,000,000 in the October 2024 data and $146,605,113 in the October 2026 data, up 18%.
Total employees: 1 in October 2024 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Advisory Services (CRD 118496): Form ADV filing data as of October 2026.