{
  "crd_number": 155363,
  "slug": "fund-direct-advisors-inc-greensboro-nc-155363",
  "primary_business_name": "FUND DIRECT ADVISORS INC.",
  "legal_name": "FUND DIRECT ADVISORS INC.",
  "dbas": [],
  "city": "Greensboro",
  "state": "NC",
  "country": "United States",
  "cbsa_code": "24660",
  "metro": {
    "cbsa_code": "24660",
    "common_name": "Greensboro",
    "msa_name": "Greensboro-High Point, NC",
    "path": "/advisors/nc/greensboro"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2013-04-05",
  "years_registered": 13,
  "period": "2026-10-01",
  "filing_date": "2026-03-05",
  "carried_forward": false,
  "raum_total": 593000000.0,
  "raum_discretionary": 50000000.0,
  "raum_non_discretionary": 543000000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": null
    },
    "charitable": {
      "raum": 0.0,
      "count": null
    },
    "individuals": {
      "raum": 25000000.0,
      "count": 65
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": null
    },
    "state_municipal": {
      "raum": 0.0,
      "count": null
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": null
    },
    "investment_companies": {
      "raum": 0.0,
      "count": null
    },
    "pension_profit_sharing": {
      "raum": 510000000.0,
      "count": 65
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": null
    },
    "high_net_worth_individuals": {
      "raum": 33000000.0,
      "count": 25
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": null
    },
    "corporations_other_businesses": {
      "raum": 25000000.0,
      "count": null,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": null
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": null
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NC"
  ],
  "websites": [
    "https://funddirectadvisors.com",
    "https://linkedin.com/company/18965477/admin"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155363",
  "city_as_filed": "GREENSBORO",
  "url": "https://advisorcensus.com/firm/fund-direct-advisors-inc-greensboro-nc-155363",
  "display_name": "Fund Direct Advisors Inc.",
  "summary": "Fund Direct Advisors Inc. is an SEC-registered investment advisory firm in Greensboro, NC, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 5, 2026.",
  "citation": "AdvisorCensus. Fund Direct Advisors Inc. (CRD 155363): 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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Fund Direct Advisors Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Fund Direct Advisors Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Fund Direct Advisors Inc. located?",
      "a": "Fund Direct Advisors Inc.'s principal office is in Greensboro, NC, according to its Form ADV."
    },
    {
      "q": "Is Fund Direct Advisors Inc. registered with the SEC or a state?",
      "a": "Fund Direct Advisors Inc. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 155363."
    },
    {
      "q": "How much does Fund Direct Advisors Inc. manage?",
      "a": "Fund Direct Advisors Inc. reports $593,000,000 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (8% discretionary)."
    },
    {
      "q": "How have Fund Direct Advisors Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Fund Direct Advisors Inc.: Regulatory assets under management: $694,000,000 in the October 2021 data and $593,000,000 in the October 2026 data, down 15%. Total employees: 5 in October 2021 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 Fund Direct Advisors Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (65); pension and profit sharing plans (but not the plan participants or government pension plans) (65); high net worth individuals (25)."
    },
    {
      "q": "Which custodians does Fund Direct Advisors Inc. use?",
      "a": "Fund Direct Advisors Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Mid Atlantic Capital Group as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Fund Direct Advisors Inc. 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/155363"
    },
    {
      "q": "Does Fund Direct Advisors Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 5, 2026 says: \"FDA does not have minimum account balance requirements for initiating or maintaining an investment advisory relationship.\""
    },
    {
      "q": "What changed in Fund Direct Advisors Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 3."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 694000000.0,
      "total_employees": 5,
      "filing_date": "2021-09-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 660000000.0,
      "total_employees": 7,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 500000000.0,
      "total_employees": 7,
      "filing_date": "2023-01-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 524000000.0,
      "total_employees": 5,
      "filing_date": "2024-02-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 605000000.0,
      "total_employees": 4,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 593000000.0,
      "total_employees": 4,
      "filing_date": "2026-03-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 3."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "FDA does not have minimum account balance requirements for initiating or \nmaintaining an investment advisory relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "FDA does not have minimum account balance requirements for initiating or \nmaintaining an investment advisory relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Mid Atlantic Capital Group",
      "name_as_filed": "MID ATLANTIC CAPITAL GROUP",
      "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/fund-direct-advisors-inc-greensboro-nc-155363.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 25000000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 25,
      "fewer_than_5": false,
      "raum": 33000000.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": null,
      "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": 65,
      "fewer_than_5": false,
      "raum": 510000000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 25000000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "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/155363",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}