{ "crd_number": 122147, "slug": "mcclarren-financial-advisors-state-college-pa-122147", "primary_business_name": "MCCLARREN FINANCIAL ADVISORS", "legal_name": "MCCLARREN FINANCIAL ADVISORS, INC.", "dbas": [], "city": "State College", "state": "PA", "country": "United States", "cbsa_code": "44300", "metro": { "cbsa_code": "44300", "common_name": "State College", "msa_name": "State College, PA", "path": "/advisors/pa/state-college" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2020-08-10", "years_registered": 6, "period": "2026-10-01", "filing_date": "2026-04-21", "carried_forward": false, "raum_total": 453000000.0, "raum_discretionary": 403000000.0, "raum_non_discretionary": 50000000.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 9, "advisory_employees": 8, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 62600000.0, "count": 108 }, "high_net_worth_individuals": { "raum": 390400000.0, "count": 159 } }, "compensation_types": [ "fixed", "hourly" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "LA", "PA", "TX" ], "websites": [ "https://facebook.com/MCCLARRENFINANCIAL", "https://linkedin/MCCLARRENFINANCIALADVISORS", "https://mcclarren.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/122147", "city_as_filed": "STATE COLLEGE", "url": "https://advisorcensus.com/firm/mcclarren-financial-advisors-state-college-pa-122147", "display_name": "McClarren Financial Advisors", "summary": "McClarren Financial Advisors is an SEC-registered investment advisory firm in State College, PA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 21, 2026.", "citation": "AdvisorCensus. McClarren Financial Advisors (CRD 122147): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is McClarren Financial Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), McClarren Financial Advisors reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is McClarren Financial Advisors located?", "a": "McClarren Financial Advisors' principal office is in State College, PA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is McClarren Financial Advisors registered with the SEC or a state?", "a": "McClarren Financial Advisors is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 122147." }, { "q": "How much does McClarren Financial Advisors manage?", "a": "McClarren Financial Advisors reports $453,000,000 in regulatory assets under management in its Form ADV filing dated April 21, 2026 (89% discretionary)." }, { "q": "How have McClarren Financial Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for McClarren Financial Advisors: Regulatory assets under management: $248,298,221 in the October 2021 data and $453,000,000 in the October 2026 data, up 82%. Total employees: 6 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does McClarren Financial Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (159); individuals (other than high net worth individuals) (108)." }, { "q": "Which custodians does McClarren Financial Advisors use?", "a": "McClarren Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Distributors Company LLC and TIAA-CREF Individual & Institutional Services, LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does McClarren Financial Advisors 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/122147" }, { "q": "What changed in McClarren Financial Advisors' recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 8." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 248298221.0, "total_employees": 6, "filing_date": "2021-05-04" }, { "period": "2022-10-01", "regulatory_assets_under_management": 291390000.0, "total_employees": 7, "filing_date": "2022-01-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 278111765.0, "total_employees": 7, "filing_date": "2023-01-13" }, { "period": "2024-10-01", "regulatory_assets_under_management": 341759745.0, "total_employees": 9, "filing_date": "2024-07-11" }, { "period": "2025-10-01", "regulatory_assets_under_management": 417424103.0, "total_employees": 9, "filing_date": "2025-07-17" }, { "period": "2026-10-01", "regulatory_assets_under_management": 453000000.0, "total_employees": 9, "filing_date": "2026-04-21" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 7 to 8." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "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 NY." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Distributors Company LLC", "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC", "affiliated": false }, { "name": "TIAA-CREF Individual & Institutional Services, LLC", "name_as_filed": "TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC", "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/mcclarren-financial-advisors-state-college-pa-122147.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 108, "fewer_than_5": false, "raum": 62600000.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 159, "fewer_than_5": false, "raum": 390400000.0 } ], "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/122147", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }