{
  "crd_number": 157616,
  "slug": "financial-concepts-columbus-ms-157616",
  "primary_business_name": "FINANCIAL CONCEPTS",
  "legal_name": "GIRAFFES, INC.",
  "dbas": [],
  "city": "Columbus",
  "state": "MS",
  "country": "United States",
  "cbsa_code": "18060",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-05-27",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-06-08",
  "carried_forward": false,
  "raum_total": 1088251596.0,
  "raum_discretionary": 1088251596.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 19,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 770009.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 439238953.0,
      "count": 2208
    },
    "pension_profit_sharing": {
      "raum": 35816989.0,
      "count": 15
    },
    "high_net_worth_individuals": {
      "raum": 612425645.0,
      "count": 310
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "CA",
    "FL",
    "GA",
    "IL",
    "LA",
    "MO",
    "MS",
    "NC",
    "NE",
    "NH",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/financialconceptsms",
    "https://fincon.net",
    "https://instagram.com/financialconceptsms",
    "https://linkedin.com/company/financial-concepts---mississippi",
    "https://open.spotify.com/show/5Vnmfbjp2TACnyElsEQggx",
    "https://tiktok.com/@scottfinancialplanner",
    "https://youtube.com/@financialconcepts6026"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157616",
  "city_as_filed": "COLUMBUS",
  "url": "https://advisorcensus.com/firm/financial-concepts-columbus-ms-157616",
  "display_name": "Financial Concepts",
  "summary": "Financial Concepts is an SEC-registered investment advisory firm in Columbus, MS, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 8, 2026.",
  "citation": "AdvisorCensus. Financial Concepts (CRD 157616): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Concepts compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Concepts reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Financial Concepts located?",
      "a": "Financial Concepts' principal office is in Columbus, MS, according to its Form ADV."
    },
    {
      "q": "Is Financial Concepts registered with the SEC or a state?",
      "a": "Financial Concepts is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157616."
    },
    {
      "q": "How much does Financial Concepts manage?",
      "a": "Financial Concepts reports $1,088,251,596 in regulatory assets under management in its Form ADV filing dated June 8, 2026 (100% discretionary)."
    },
    {
      "q": "How have Financial Concepts' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Financial Concepts: Regulatory assets under management: $675,182,410 in the October 2021 data and $1,088,251,596 in the October 2026 data, up 61%. Total employees: 5 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Financial Concepts serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,208); high net worth individuals (310); pension and profit sharing plans (but not the plan participants or government pension plans) (15)."
    },
    {
      "q": "Which custodians does Financial Concepts use?",
      "a": "Financial Concepts' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Capital Bank and Trust Company as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Financial Concepts 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/157616"
    },
    {
      "q": "Does Financial Concepts state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 2, 2026 says: \"A minimum of $25,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances.\""
    },
    {
      "q": "What changed in Financial Concepts' recent Form ADV filings?",
      "a": "In the July 2026 filing data: Registered or notice-filed in AK."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 675182410.0,
      "total_employees": 5,
      "filing_date": "2021-06-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 794341659.0,
      "total_employees": 10,
      "filing_date": "2022-05-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 646525461.0,
      "total_employees": 11,
      "filing_date": "2023-06-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 760025133.0,
      "total_employees": 14,
      "filing_date": "2024-07-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 890016414.0,
      "total_employees": 14,
      "filing_date": "2025-05-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1088251596.0,
      "total_employees": 19,
      "filing_date": "2026-06-08"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Registered or notice-filed in AK."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $890,016,414 to $1,088,251,596 (+22%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 2, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$25,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $25,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "A minimum of $25,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."
        ]
      }
    ],
    "quotes": [
      "A minimum of $25,000 of assets under management is required for this service. This account size may be negotiable under certain circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Capital Bank and Trust Company",
      "name_as_filed": "CAPITAL BANK AND TRUST COMPANY",
      "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/financial-concepts-columbus-ms-157616.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2208,
      "fewer_than_5": false,
      "raum": 439238953.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 310,
      "fewer_than_5": false,
      "raum": 612425645.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 35816989.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 770009.0
    }
  ],
  "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/157616",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}