# Financial Independence, LLC

> Financial Independence, LLC is an SEC-registered investment advisory firm in Warwick, RI, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 150515
- Filed as: FINANCIAL INDEPENDENCE, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Warwick, RI
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/150515
- AdvisorCensus page: https://advisorcensus.com/firm/financial-independence-llc-warwick-ri-150515

## Quick answers

**How is Financial Independence, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Financial Independence, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Financial Independence, LLC located?**
Financial Independence, LLC's principal office is in Warwick, RI, according to its Form ADV.

**Is Financial Independence, LLC registered with the SEC or a state?**
Financial Independence, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 150515.

**How much does Financial Independence, LLC manage?**
Financial Independence, LLC reports $288,104,032 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (0% discretionary).

**How have Financial Independence, LLC's assets and staff changed since 2021?**
In the Form ADV data for Financial Independence, LLC: Regulatory assets under management: $176,343,523 in the October 2021 data and $288,104,032 in the October 2026 data, up 63%. Total employees: 3 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 Financial Independence, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (191); high net worth individuals (87); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Financial Independence, LLC use?**
Financial Independence, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Financial Independence, LLC 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/150515

**Does Financial Independence, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 5, 2026 says: "In general, we require a minimum of $250,000 to open and maintain an advisory account. At our discretion and with consideration of the overall client relationship to the firm, we may waive this minimum account size."

**What changed in Financial Independence, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 4.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 5, 2026)

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum of $250,000 to open and maintain an advisory account. At our discretion and with consideration of the overall client relationship to the firm, we may waive this minimum account size.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $288,104,032
- Discretionary: $0
- Non-discretionary: $288,104,032

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 191 | $71,978,732 |
| High net worth individuals | 87 | $213,779,888 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $2,345,412 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, FL, MA, NC, NH, NY, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fi-ri.com
- LinkedIn @financial-independence-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $176,343,523 | 3 | February 25, 2021 |
| October 2022 | $209,888,433 | 7 | August 12, 2022 |
| October 2023 | $183,966,639 | 6 | September 25, 2023 |
| October 2024 | $210,220,404 | 6 | February 14, 2024 |
| October 2025 | $242,343,248 | 6 | March 4, 2025 |
| October 2026 | $288,104,032 | 7 | July 30, 2026 |

Regulatory assets under management: $176,343,523 in the October 2021 data and $288,104,032 in the October 2026 data, up 63%.
Total employees: 3 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 4.

### March 2026
- Regulatory assets under management went from $242,343,248 to $288,104,032 (+19%).
- Registered or notice-filed in NC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Independence, LLC (CRD 150515): Form ADV filing data as of October 2026.