# Frey Financial

> Frey Financial is a state-registered investment advisory firm in Urbana, IL, registered since 1998, with no regulatory assets under management reported in its Form ADV filing dated December 20, 2018.

- CRD: 123538
- Filed as: FREY FINANCIAL
- Legal name: Frey, Thomas Lee
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Urbana, IL
- Filing period: October 2026
- Form ADV filing dated: December 20, 2018
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/123538
- AdvisorCensus page: https://advisorcensus.com/firm/frey-financial-urbana-il-123538

## Quick answers

**How is Frey Financial compensated?**
On its Form ADV (Item 5.E, October 2026), Frey Financial reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Frey Financial located?**
Frey Financial's principal office is in Urbana, IL, according to its Form ADV.

**Is Frey Financial registered with the SEC or a state?**
Frey Financial is a state-registered investment advisory firm, registered since 1998. Status as filed: APPROVED. CRD 123538.

**Does Frey Financial report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/123538

## From the Form ADV filing

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

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 1998 (27 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Frey Financial (CRD 123538): Form ADV filing data as of October 2026.