# Financial Counseling Associates, Inc

> Financial Counseling Associates, Inc is an SEC-registered investment advisory firm, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 4, 2026.

- CRD: 115123
- Filed as: FINANCIAL COUNSELING ASSOCIATES, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: February 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115123
- AdvisorCensus page: https://advisorcensus.com/firm/financial-counseling-associates-inc-115123

## Quick answers

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

**Is Financial Counseling Associates, Inc registered with the SEC or a state?**
Financial Counseling Associates, Inc is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 115123.

**How much does Financial Counseling Associates, Inc manage?**
Financial Counseling Associates, Inc reports $103,520,000 in regulatory assets under management in its Form ADV filing dated February 4, 2026 (94% discretionary).

**How have Financial Counseling Associates, Inc's assets and staff changed since 2021?**
In the Form ADV data for Financial Counseling Associates, Inc: Regulatory assets under management: $235,000,000 in the October 2021 data and $103,520,000 in the October 2026 data, down 56%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Financial Counseling Associates, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (103); high net worth individuals (22); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Financial Counseling Associates, Inc use?**
Financial Counseling Associates, Inc'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 Financial Counseling Associates, Inc 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/115123

**What changed in Financial Counseling Associates, Inc's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $92,076,000 to $103,520,000 (+12%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### 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: $103,520,000
- Discretionary: $96,850,000
- Non-discretionary: $6,670,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 103 | $30,850,000 |
| High net worth individuals | 22 | $66,000,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $6,670,000 |
| Charitable organizations | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2014 (12 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Aurora, CO

### Websites listed on Form ADV (Item 1.I)
- fca-inc.com
- Facebook @FCAinc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $235,000,000 | 3 | April 16, 2021 |
| October 2022 | $303,000,000 | 4 | March 31, 2022 |
| October 2023 | $255,000,000 | 4 | February 1, 2023 |
| October 2024 | $107,190,000 | 2 | June 27, 2024 |
| October 2025 | $92,076,000 | 2 | February 6, 2025 |
| October 2026 | $103,520,000 | 2 | February 4, 2026 |

Regulatory assets under management: $235,000,000 in the October 2021 data and $103,520,000 in the October 2026 data, down 56%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $92,076,000 to $103,520,000 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Counseling Associates, Inc (CRD 115123): Form ADV filing data as of October 2026.