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First Financial Advisory Services Inc

Westerly, RISEC-registered investment adviserCRD 105031

Filed as FIRST FINANCIAL ADVISORY SERVICES INC

First Financial Advisory Services Inc is an SEC-registered investment advisory firm in Westerly, RI, registered since 1984, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 21, 2026.

42 years
registered since 1984
$278,038,908
assets under management
4 arrangements
Percentage of assets, Hourly and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is First Financial Advisory Services Inc compensated?

On its Form ADV (Item 5.E, October 2026), First Financial Advisory Services Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions.

Where is First Financial Advisory Services Inc located?

First Financial Advisory Services Inc's principal office is in Westerly, RI, according to its Form ADV.

Is First Financial Advisory Services Inc registered with the SEC or a state?

First Financial Advisory Services Inc is an SEC-registered investment advisory firm, registered since 1984. Status as filed: Approved. CRD 105031.

How much does First Financial Advisory Services Inc manage?

First Financial Advisory Services Inc reports $278,038,908 in regulatory assets under management in its Form ADV filing dated April 21, 2026 (0% discretionary).

How have First Financial Advisory Services Inc's assets and staff changed since 2021?

In the Form ADV data for First Financial Advisory Services Inc: Regulatory assets under management: $208,627,048 in the October 2021 data and $278,038,908 in the October 2026 data, up 33%. Total employees: 6 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 First Financial Advisory Services Inc serve?

By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (440); high net worth individuals (76); charitable organizations (5).

Which custodians does First Financial Advisory Services Inc use?

First Financial Advisory Services Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.

Does First Financial Advisory Services 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/105031

What changed in First Financial Advisory Services Inc's recent Form ADV filings?

In the May 2026 filing data: Added the business name FAR Flung Change.

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

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

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated April 21, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$278,038,908

$278,038,908 as of October 2026, filing dated April 21, 2026.

Discretionary: $0.Non-discretionary: $278,038,908.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 440 Assets $117,577,030 (42%)
High net worth individuals
Clients 76 Assets $158,789,904 (57%)
Charitable organizations
Clients 5 Assets $1,671,974 (1%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Educational seminars/workshops

Registration and firm details

Items 1, 2, 5
Also doing business as
FAR FLUNG CHANGE
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
1984 (42 years)
Employees
Total: 7. Performing investment advisory functions: 7.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))

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.

States registered or notice-filed
17 states or jurisdictions
CACTFLGALAMAMDMEMINCNHNYPARISCTXVA

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$209M 2021 $245M 2022 $198M 2023 $225M 2024 $250M 2025 $278M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$278,038,9087April 21, 2026
October 2025$250,037,4126March 19, 2025
October 2024$224,998,0156March 29, 2024
October 2023$198,000,9006March 31, 2023
October 2022$244,662,9126June 7, 2022
October 2021$208,627,0486March 31, 2021

Regulatory assets under management: $208,627,048 in the October 2021 data and $278,038,908 in the October 2026 data, up 33%.

Total employees: 6 in October 2021 and 7 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. May 2026
    • Added the business name FAR Flung Change.
  2. April 2026
    • Employees performing advisory functions went from 6 to 7.
    • Regulatory assets under management went from $250,037,412 to $278,038,908 (+11%).
    • Registered or notice-filed in LA.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
firstfinancialadvisory.complanningforfeds.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. First Financial Advisory Services Inc (CRD 105031): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/first-financial-advisory-services-inc-westerly-ri-105031