# Michels Family Financial, LLC

> Michels Family Financial, LLC is an SEC-registered investment advisory firm in Fort Worth, TX, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.

- CRD: 319311
- Filed as: MICHELS FAMILY FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Worth, TX
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319311
- AdvisorCensus page: https://advisorcensus.com/firm/michels-family-financial-llc-fort-worth-tx-319311

## Quick answers

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

**How much does Michels Family Financial, LLC charge?**
Its Form ADV Part 2A brochure dated March 2, 2026 states: Flat fee: $25,000 (financial plans). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Michels Family Financial, LLC located?**
Michels Family Financial, LLC's principal office is in Fort Worth, TX, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Michels Family Financial, LLC registered with the SEC or a state?**
Michels Family Financial, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319311.

**How much does Michels Family Financial, LLC manage?**
Michels Family Financial, LLC reports $347,859,437 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary).

**How have Michels Family Financial, LLC's assets and staff changed since 2022?**
In the Form ADV data for Michels Family Financial, LLC: Regulatory assets under management: $0 in the October 2022 data and $347,859,437 in the October 2026 data. Total employees: 2 in October 2022 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Michels Family Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (343); high net worth individuals (67).

**Which custodians does Michels Family Financial, LLC use?**
Michels Family Financial, 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 Michels Family Financial, 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/319311

**Does Michels Family Financial, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 2, 2026 says: "Our Firm does not require a minimum of aggregate investable assets"

**What changed in Michels Family Financial, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $303,503,729 to $347,859,437 (+15%).

## From the Form ADV filing

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

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

- Account minimum: None

> Our Firm does not require a minimum of aggregate investable assets

- Flat fee: $25,000 (financial plans)

> Fixed fees for financial plans will not exceed $25,000.

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: $347,859,437
- Discretionary: $347,859,437
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 343 | $164,143,093 |
| High net worth individuals | 67 | $183,716,344 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Pension consulting services
- Other

### Firm details
- Registered since: 2022 (4 years)
- Employees: 8 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Granbury, TX

### Websites listed on Form ADV (Item 1.I)
- [michelsfamilyfinancial.com](https://michelsfamilyfinancial.com)
- Facebook @michelsfamilyfinancial
- LinkedIn @michelsfamilyfinancial
- X @NickMichelsCFP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 2 | June 28, 2022 |
| October 2023 | $138,795,546 | 4 | April 19, 2023 |
| October 2024 | $242,586,844 | 5 | February 23, 2024 |
| October 2025 | $303,503,729 | 8 | March 19, 2025 |
| October 2026 | $347,859,437 | 8 | March 2, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $347,859,437 in the October 2026 data.
Total employees: 2 in October 2022 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $303,503,729 to $347,859,437 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Michels Family Financial, LLC (CRD 319311): Form ADV filing data as of October 2026.