# Locker Financial Services, LLC

> Locker Financial Services, LLC is an SEC-registered investment advisory firm in Verona, NJ, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 26, 2026.

- CRD: 120900
- Filed as: LOCKER FINANCIAL SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Verona, NJ
- Filing period: October 2026
- Form ADV filing dated: June 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/120900
- AdvisorCensus page: https://advisorcensus.com/firm/locker-financial-services-llc-verona-nj-120900

## Quick answers

**How is Locker Financial Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Locker Financial Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Locker Financial Services, LLC charge?**
Its Form ADV Part 2A brochure dated February 9, 2026 states: Hourly rate: $350 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Locker Financial Services, LLC located?**
Locker Financial Services, LLC's principal office is in Verona, NJ, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Locker Financial Services, LLC registered with the SEC or a state?**
Locker Financial Services, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 120900.

**How much does Locker Financial Services, LLC manage?**
Locker Financial Services, LLC reports $213,787,195 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary).

**How have Locker Financial Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Locker Financial Services, LLC: Regulatory assets under management: $128,076,292 in the October 2021 data and $213,787,195 in the October 2026 data, up 67%. Total employees: 2 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Locker Financial Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (76); high net worth individuals (65).

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

**Does Locker Financial Services, LLC 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/120900

**Does Locker Financial Services, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated February 9, 2026 says: "Locker Financial does not require a minimum account size."

**What changed in Locker Financial Services, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $181,742,277 to $213,787,195 (+18%). Registered or notice-filed in TX.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 9, 2026)

- Account minimum: None

> Locker Financial does not require a minimum account size.

- Minimum annual fee: $2,000

> Locker Financial may require a minimum annual fee of $2,000.

> Locker Financial, in its sole discretion, may charge a lesser fee, or choose to reduce or waive the minimum fee, based upon certain criteria

- Hourly rate: $350 an hour (financial planning and consulting services)

> Locker Financial will charge an hourly fee of $350 for these services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $213,787,195
- Discretionary: $213,787,195
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 76 | $35,851,490 |
| High net worth individuals | 65 | $177,935,705 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA, NJ, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Needham, MA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $128,076,292 | 2 | April 8, 2021 |
| October 2022 | $147,311,241 | 2 | February 28, 2022 |
| October 2023 | $127,555,047 | 2 | September 25, 2023 |
| October 2024 | $157,026,255 | 3 | January 31, 2024 |
| October 2025 | $181,742,277 | 3 | January 31, 2025 |
| October 2026 | $213,787,195 | 3 | June 26, 2026 |

Regulatory assets under management: $128,076,292 in the October 2021 data and $213,787,195 in the October 2026 data, up 67%.
Total employees: 2 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $181,742,277 to $213,787,195 (+18%).
- Registered or notice-filed in TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Locker Financial Services, LLC (CRD 120900): Form ADV filing data as of October 2026.