{
  "crd_number": 297713,
  "slug": "financial-transparency-297713",
  "primary_business_name": "FINANCIAL TRANSPARENCY",
  "legal_name": "ENVISION FINANCIAL TRANSPARENCY, LLC",
  "dbas": [
    "ARISTOTLE ADVISORS, LLC",
    "BANKLER ADVISORY SERVICES, LLP",
    "CLEAR PERSPECTIVE ADVISORS, LLC",
    "CONDLEY FINANCIAL SERVICES, INC.",
    "CORNERSTONE ADVISORY CONSULTING, LLC",
    "DONOHUE CONSULTING GROUP, INC.",
    "DOWNTOWN FINANCIAL MANAGEMENT, LLC",
    "GIARDINA & BRESETT CONSULTING SERVICES, INC.",
    "JOSHUA TREE INVESTMENTS",
    "MICHAEL MACDONALD FINANCIAL MANAGEMENT",
    "OAK KNOLL CONSULTING SERVICES, LLC",
    "PAINT CREEK INVESTMENT ADVISORS"
  ],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-07-13",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-23",
  "carried_forward": false,
  "raum_total": 322258950.0,
  "raum_discretionary": 317609334.0,
  "raum_non_discretionary": 4649616.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 16,
  "advisory_employees": 16,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 100178.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 63628859.0,
      "count": 174
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 25726210.0,
      "count": 5
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 232581893.0,
      "count": 53
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 221810.0,
      "count": 2,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "IL",
    "MA",
    "MI",
    "NC",
    "NH",
    "TX",
    "WA"
  ],
  "websites": [
    "https://aristotleadvisors.com",
    "https://bld-cpa.com",
    "https://condley.cpa/accounting-team/everett-ray-ferguson",
    "https://facebook.com/FinancialTransparency",
    "https://financialtransparencyllc.com",
    "https://linkedin.com/IN/EMILY-KEAGLE-8680345",
    "https://linkedin.com/in/jon-wells-64887a130",
    "https://linkedin.com/in/josh-keagle-499b296",
    "https://linkedin.com/in/michael-macdonald-aif-a154785"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297713",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/financial-transparency-297713",
  "display_name": "Financial Transparency",
  "summary": "Financial Transparency is an SEC-registered investment advisory firm, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 23, 2026.",
  "citation": "AdvisorCensus. Financial Transparency (CRD 297713): 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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Transparency compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Transparency reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Is Financial Transparency registered with the SEC or a state?",
      "a": "Financial Transparency is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297713."
    },
    {
      "q": "How much does Financial Transparency manage?",
      "a": "Financial Transparency reports $322,258,950 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (99% discretionary)."
    },
    {
      "q": "How have Financial Transparency's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Financial Transparency: Regulatory assets under management: $254,063,003 in the October 2021 data and $322,258,950 in the October 2026 data, up 27%. Total employees: 15 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Financial Transparency serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (174); high net worth individuals (53); pension and profit sharing plans (but not the plan participants or government pension plans) (5)."
    },
    {
      "q": "Which custodians does Financial Transparency use?",
      "a": "Financial Transparency's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Financial Transparency 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/297713"
    },
    {
      "q": "What changed in Financial Transparency's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Employees performing advisory functions went from 17 to 16. Registered or notice-filed in WA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 254063003.0,
      "total_employees": 15,
      "filing_date": "2021-04-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 282246057.0,
      "total_employees": 15,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 237152208.0,
      "total_employees": 15,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 295289685.0,
      "total_employees": 15,
      "filing_date": "2024-03-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 306343419.0,
      "total_employees": 17,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 322258950.0,
      "total_employees": 16,
      "filing_date": "2026-07-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Employees performing advisory functions went from 17 to 16.",
        "Registered or notice-filed in WA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Blackheath Capital Management, LLC.",
        "Added the business name Paint Creek Investment Advisors."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Axos Clearing LLC",
      "name_as_filed": "AXOS CLEARING LLC",
      "affiliated": false
    },
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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-transparency-297713.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 174,
      "fewer_than_5": false,
      "raum": 63628859.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 53,
      "fewer_than_5": false,
      "raum": 232581893.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 25726210.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 100178.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 221810.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/297713",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}