# Financial Transparency

> 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.

- CRD: 297713
- Filed as: FINANCIAL TRANSPARENCY
- Legal name: Envision Financial Transparency, LLC
- Also doing business as: 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
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: July 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297713
- AdvisorCensus page: https://advisorcensus.com/firm/financial-transparency-297713

## Quick answers

**How is Financial Transparency compensated?**
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).

**Is Financial Transparency registered with the SEC or a state?**
Financial Transparency is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297713.

**How much does Financial Transparency manage?**
Financial Transparency reports $322,258,950 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (99% discretionary).

**How have Financial Transparency's assets and staff changed since 2021?**
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.

**What types of clients does Financial Transparency serve?**
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).

**Which custodians does Financial Transparency use?**
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.

**Does Financial Transparency 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/297713

**What changed in Financial Transparency's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 17 to 16. Registered or notice-filed in WA.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Axos Clearing LLC
- 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: $322,258,950
- Discretionary: $317,609,334
- Non-discretionary: $4,649,616

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 174 | $63,628,859 |
| High net worth individuals | 53 | $232,581,893 |
| 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) | 5 | $25,726,210 |
| Charitable organizations | 1 | $100,178 |
| 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 | 2 | $221,810 |
| 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)
- Educational seminars/workshops

### Firm details
- Registered since: 2018 (8 years)
- Employees: 16 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, IL, MA, MI, NC, NH, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Abilene, TX
- Longwood, FL
- Naples, FL
- Peabody, MA
- Pittsfield, MA
- Pleasant Hill, CA
- Rochester Hills, MI
- San Antonio, TX
- Schaumburg, IL
- Wakefield, MA

### Websites listed on Form ADV (Item 1.I)
- aristotleadvisors.com
- bld-cpa.com
- condley.cpa/accounting-team/everett-ray-ferguson
- financialtransparencyllc.com
- Facebook @FinancialTransparency
- LinkedIn @EMILY-KEAGLE-8680345
- LinkedIn @jon-wells-64887a130
- LinkedIn @josh-keagle-499b296
- LinkedIn @michael-macdonald-aif-a154785

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $254,063,003 | 15 | April 1, 2021 |
| October 2022 | $282,246,057 | 15 | March 31, 2022 |
| October 2023 | $237,152,208 | 15 | March 31, 2023 |
| October 2024 | $295,289,685 | 15 | March 4, 2024 |
| October 2025 | $306,343,419 | 17 | March 31, 2025 |
| October 2026 | $322,258,950 | 16 | July 23, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 17 to 16.
- Registered or notice-filed in WA.

### April 2026
- No longer lists the business name Blackheath Capital Management, LLC.
- Added the business name Paint Creek Investment Advisors.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Transparency (CRD 297713): Form ADV filing data as of October 2026.