{
  "crd_number": 168390,
  "slug": "frugal-financial-retirement-plan-services-llc-mobile-al-168390",
  "primary_business_name": "FRUGAL FINANCIAL RETIREMENT PLAN SERVICES, LLC",
  "legal_name": "FRUGAL FINANCIAL RETIREMENT PLAN SERVICES, LLC",
  "dbas": [],
  "city": "Mobile",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "33660",
  "metro": {
    "cbsa_code": "33660",
    "common_name": "Mobile",
    "msa_name": "Mobile, AL",
    "path": "/advisors/al/mobile"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-05-31",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 194860997.0,
  "raum_discretionary": 194860997.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 0.0,
      "count": 0
    },
    "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": 194860997.0,
      "count": 128
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 0.0,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AL",
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "LA",
    "MA",
    "NH",
    "NY",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168390",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "MOBILE",
  "url": "https://advisorcensus.com/firm/frugal-financial-retirement-plan-services-llc-mobile-al-168390",
  "display_name": "Frugal Financial Retirement Plan Services, LLC",
  "summary": "Frugal Financial Retirement Plan Services, LLC is an SEC-registered investment advisory firm in Mobile, AL, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Frugal Financial Retirement Plan Services, LLC (CRD 168390): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Frugal Financial Retirement Plan Services, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Frugal Financial Retirement Plan Services, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Frugal Financial Retirement Plan Services, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Frugal Financial Retirement Plan Services, LLC located?",
      "a": "Frugal Financial Retirement Plan Services, LLC's principal office is in Mobile, AL, according to its Form ADV."
    },
    {
      "q": "Is Frugal Financial Retirement Plan Services, LLC registered with the SEC or a state?",
      "a": "Frugal Financial Retirement Plan Services, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 168390."
    },
    {
      "q": "How much does Frugal Financial Retirement Plan Services, LLC manage?",
      "a": "Frugal Financial Retirement Plan Services, LLC reports $194,860,997 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Frugal Financial Retirement Plan Services, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Frugal Financial Retirement Plan Services, LLC: Regulatory assets under management: $107,765,089 in the October 2022 data and $194,860,997 in the October 2026 data, up 81%. Total employees: 2 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Frugal Financial Retirement Plan Services, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (128)."
    },
    {
      "q": "Which custodians does Frugal Financial Retirement Plan Services, LLC use?",
      "a": "Frugal Financial Retirement Plan Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Matrix Trust Company as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Frugal Financial Retirement Plan Services, LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168390"
    },
    {
      "q": "Does Frugal Financial Retirement Plan Services, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 says: \"Frugal Financial does not require a minimum asset level and, generally, does not impose other conditions for use of the Firm’s services.\""
    },
    {
      "q": "What changed in Frugal Financial Retirement Plan Services, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $170,739,667 to $194,860,997 (+14%). Registered or notice-filed in AL. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 107765089.0,
      "total_employees": 2,
      "filing_date": "2022-06-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 102023406.0,
      "total_employees": 2,
      "filing_date": "2023-03-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 136310232.0,
      "total_employees": 2,
      "filing_date": "2024-03-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 170739667.0,
      "total_employees": 2,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 194860997.0,
      "total_employees": 4,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $170,739,667 to $194,860,997 (+14%).",
        "Registered or notice-filed in AL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "tiers": [],
    "flat_rate": "0.1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.1% of assets a year"
        ],
        "quotes": [
          "Fees for 3(38) Investment Manager Services, the Firm charges an annual fee of 0.10% (10 basis points). The quarterly charge is equal to 1/4th of this amount."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Frugal Financial does not require a minimum asset level and, generally, does not impose other conditions for use of the Firm’s services."
        ]
      }
    ],
    "quotes": [
      "Fees for 3(38) Investment Manager Services, the Firm charges an annual fee of 0.10% (10 basis points). The quarterly charge is equal to 1/4th of this amount.",
      "Frugal Financial does not require a minimum asset level and, generally, does not impose other conditions for use of the Firm’s services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Matrix Trust Company",
      "name_as_filed": "MATRIX TRUST COMPANY",
      "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/frugal-financial-retirement-plan-services-llc-mobile-al-168390.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 128,
      "fewer_than_5": false,
      "raum": 194860997.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/168390",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}