# Leibman Financial Servces, Inc.

> Leibman Financial Servces, Inc. is an SEC-registered investment advisory firm in Louisville, NE, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 10, 2026.

- CRD: 323120
- Filed as: LEIBMAN FINANCIAL SERVCES, INC.
- Also doing business as: 228MAIN.COM, LEIBMAN FINANCIAL SERVICES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Louisville, NE
- Filing period: October 2026
- Form ADV filing dated: January 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323120
- AdvisorCensus page: https://advisorcensus.com/firm/leibman-financial-servces-inc-louisville-ne-323120

## Quick answers

**How is Leibman Financial Servces, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Leibman Financial Servces, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Leibman Financial Servces, Inc. located?**
Leibman Financial Servces, Inc.'s principal office is in Louisville, NE, according to its Form ADV.

**Is Leibman Financial Servces, Inc. registered with the SEC or a state?**
Leibman Financial Servces, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323120.

**How much does Leibman Financial Servces, Inc. manage?**
Leibman Financial Servces, Inc. reports $173,132,598 in regulatory assets under management in its Form ADV filing dated January 10, 2026 (81% discretionary).

**How have Leibman Financial Servces, Inc.'s assets and staff changed since 2023?**
In the Form ADV data for Leibman Financial Servces, Inc.: Regulatory assets under management: $113,566,827 in the October 2023 data and $173,132,598 in the October 2026 data, up 52%. Total employees: 4 in October 2023 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Leibman Financial Servces, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (203); high net worth individuals (67).

**Which custodians does Leibman Financial Servces, Inc. use?**
Leibman Financial Servces, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Leibman Financial Servces, 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/323120

**What changed in Leibman Financial Servces, Inc.'s recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $156,495,421 to $173,132,598 (+11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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: $173,132,598
- Discretionary: $140,357,733
- Non-discretionary: $32,774,865

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 203 | $50,594,889 |
| High net worth individuals | 67 | $121,957,628 |
| Charitable organizations | Fewer than 5 | $580,081 |

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

### Firm details
- Registered since: 2022 (3 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CO, FL, IA, IL, KS, MO, NE, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [228main.com](https://228main.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $113,566,827 | 4 | August 29, 2023 |
| October 2024 | $121,904,840 | 4 | January 8, 2024 |
| October 2025 | $156,495,421 | 4 | January 6, 2025 |
| October 2026 | $173,132,598 | 4 | January 10, 2026 |

Regulatory assets under management: $113,566,827 in the October 2023 data and $173,132,598 in the October 2026 data, up 52%.
Total employees: 4 in October 2023 and 4 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $156,495,421 to $173,132,598 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Leibman Financial Servces, Inc. (CRD 323120): Form ADV filing data as of October 2026.