{
  "crd_number": 110746,
  "slug": "financial-security-advisory-inc-virginia-beach-va-110746",
  "primary_business_name": "FINANCIAL SECURITY ADVISORY INC",
  "legal_name": "FINANCIAL SECURITY ADVISORY INC",
  "dbas": [],
  "city": "Virginia Beach",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47260",
  "metro": {
    "cbsa_code": "47260",
    "common_name": "Virginia Beach",
    "msa_name": "Virginia Beach-Chesapeake-Norfolk, VA-NC",
    "path": "/advisors/va/virginia-beach"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1997-05-15",
  "years_registered": 29,
  "period": "2026-10-01",
  "filing_date": "2026-09-04",
  "carried_forward": false,
  "raum_total": 1946076910.0,
  "raum_discretionary": 1946076910.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 37,
  "advisory_employees": 37,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 2664914.0,
      "count": 13
    },
    "individuals": {
      "raum": 781918845.0,
      "count": 2640
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 107870702.0,
      "count": 243
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1042226340.0,
      "count": 459
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 11396109.0,
      "count": 38
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "IL",
    "IN",
    "LA",
    "MA",
    "MD",
    "MI",
    "NC",
    "NJ",
    "NY",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://facebook.com/people/Financial-Security/61570509382932",
    "https://gofsg.com",
    "https://instagram.com/gofsg_financialsecurity",
    "https://linkedin.com/company/financialsecuritygroup/home"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110746",
  "city_as_filed": "VIRGINIA BEACH",
  "url": "https://advisorcensus.com/firm/financial-security-advisory-inc-virginia-beach-va-110746",
  "display_name": "Financial Security Advisory Inc",
  "summary": "Financial Security Advisory Inc is an SEC-registered investment advisory firm in Virginia Beach, VA, registered since 1997, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 4, 2026.",
  "citation": "AdvisorCensus. Financial Security Advisory Inc (CRD 110746): 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"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Security Advisory Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Security Advisory Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Financial Security Advisory Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated September 29, 2025 states: Hourly rate: $150 an hour (financial planning, investment advisory and/or consultation services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Financial Security Advisory Inc located?",
      "a": "Financial Security Advisory Inc's principal office is in Virginia Beach, VA, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Financial Security Advisory Inc registered with the SEC or a state?",
      "a": "Financial Security Advisory Inc is an SEC-registered investment advisory firm, registered since 1997. Status as filed: Approved. CRD 110746."
    },
    {
      "q": "How much does Financial Security Advisory Inc manage?",
      "a": "Financial Security Advisory Inc reports $1,946,076,910 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (100% discretionary)."
    },
    {
      "q": "How have Financial Security Advisory Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Financial Security Advisory Inc: Regulatory assets under management: $1,206,674,000 in the October 2021 data and $1,946,076,910 in the October 2026 data, up 61%. Total employees: 29 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Financial Security Advisory Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,640); high net worth individuals (459); pension and profit sharing plans (but not the plan participants or government pension plans) (243)."
    },
    {
      "q": "Does Financial Security Advisory Inc 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/110746"
    },
    {
      "q": "What changed in Financial Security Advisory Inc's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Employees performing advisory functions went from 43 to 37. Regulatory assets under management went from $1,743,248,795 to $1,946,076,910 (+12%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1206674000.0,
      "total_employees": 29,
      "filing_date": "2021-10-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1120811585.0,
      "total_employees": 32,
      "filing_date": "2022-09-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1315631987.0,
      "total_employees": 45,
      "filing_date": "2023-09-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1570635977.0,
      "total_employees": 41,
      "filing_date": "2024-09-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1570635977.0,
      "total_employees": 41,
      "filing_date": "2024-09-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1946076910.0,
      "total_employees": 37,
      "filing_date": "2026-09-04"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Employees performing advisory functions went from 43 to 37.",
        "Regulatory assets under management went from $1,743,248,795 to $1,946,076,910 (+12%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Changed its office addresses in Newport News, VA."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 41 to 43.",
        "Regulatory assets under management went from $1,570,635,977 to $1,743,248,795 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated September 29, 2025",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $150 an hour (financial planning, investment advisory and/or consultation services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $150 an hour (financial planning, investment advisory and/or consultation services)"
        ],
        "quotes": [
          "Where a fee is charged for financial planning, investment advisory and/or consultation services, our fee is based either on an elapsed time or an expected elapsed time at the rate of $150 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 150.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning, investment advisory and/or consultation services"
        }
      ]
    },
    "quotes": [
      "Where a fee is charged for financial planning, investment advisory and/or consultation services, our fee is based either on an elapsed time or an expected elapsed time at the rate of $150 per hour."
    ],
    "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/financial-security-advisory-inc-virginia-beach-va-110746.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2640,
      "fewer_than_5": false,
      "raum": 781918845.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 459,
      "fewer_than_5": false,
      "raum": 1042226340.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 243,
      "fewer_than_5": false,
      "raum": 107870702.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 13,
      "fewer_than_5": false,
      "raum": 2664914.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 38,
      "fewer_than_5": false,
      "raum": 11396109.0
    }
  ],
  "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/110746",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}