{
  "crd_number": 217511,
  "slug": "modernist-financial-llc-portland-or-217511",
  "primary_business_name": "MODERNIST FINANCIAL, LLC",
  "legal_name": "MODERNIST FINANCIAL, LLC",
  "dbas": [],
  "city": "Portland",
  "state": "OR",
  "country": "United States",
  "cbsa_code": "38900",
  "metro": {
    "cbsa_code": "38900",
    "common_name": "Portland",
    "msa_name": "Portland-Vancouver-Hillsboro, OR-WA",
    "path": "/advisors/or/portland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-03-02",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-08-19",
  "carried_forward": false,
  "raum_total": 113275149.0,
  "raum_discretionary": 113275149.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 5691364.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 107583785.0,
      "count": 39
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NH",
    "OR"
  ],
  "websites": [
    "https://instagram.com/MODERNISTFINANCIAL",
    "https://linkedin.com/COMPANY/MODERNIST-FINANCIAL",
    "https://modernistfinancial.com",
    "https://modernistuniversity.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/217511",
  "city_as_filed": "PORTLAND",
  "url": "https://advisorcensus.com/firm/modernist-financial-llc-portland-or-217511",
  "display_name": "Modernist Financial, LLC",
  "summary": "Modernist Financial, LLC is an SEC-registered investment advisory firm in Portland, OR, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 19, 2026.",
  "citation": "AdvisorCensus. Modernist Financial, LLC (CRD 217511): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Modernist Financial, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Modernist Financial, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Modernist Financial, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 19, 2026 states: Hourly rate: $75 to $500 an hour (Business Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Modernist Financial, LLC located?",
      "a": "Modernist Financial, LLC's principal office is in Portland, OR, according to its Form ADV."
    },
    {
      "q": "Is Modernist Financial, LLC registered with the SEC or a state?",
      "a": "Modernist Financial, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 217511."
    },
    {
      "q": "How much does Modernist Financial, LLC manage?",
      "a": "Modernist Financial, LLC reports $113,275,149 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Modernist Financial, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (9)."
    },
    {
      "q": "Which custodians does Modernist Financial, LLC use?",
      "a": "Modernist 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."
    },
    {
      "q": "Does Modernist Financial, LLC 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/217511"
    },
    {
      "q": "Does Modernist Financial, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 19, 2026 says: \"Modernist generally requires a minimum relationship size of $3,000,000 to effectively implement its investment process. This minimum relationship size may be negotiable and reduced or waived at the sole discretion of the Advisor.\""
    },
    {
      "q": "What changed in Modernist Financial, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Registered or notice-filed in NH."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Registered or notice-filed in NH."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$3,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $75 to $500 an hour (Business Financial Planning)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $3,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Modernist generally requires a minimum relationship size of $3,000,000 to effectively implement its investment process. This minimum relationship size may be negotiable and reduced or waived at the sole discretion of the Advisor."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $75 to $500 an hour (Business Financial Planning)"
        ],
        "quotes": [
          "The Client will pay Advisor for a block of time (at a rate of $75 to $500 per hour, depending on which staff members are supporting the work) to be utilized on Business Financial Planning."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 3000000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 75.0,
          "max": 500.0,
          "period": "hour",
          "service": "Business Financial Planning"
        }
      ]
    },
    "quotes": [
      "Modernist generally requires a minimum relationship size of $3,000,000 to effectively implement its investment process. This minimum relationship size may be negotiable and reduced or waived at the sole discretion of the Advisor.",
      "The Client will pay Advisor for a block of time (at a rate of $75 to $500 per hour, depending on which staff members are supporting the work) to be utilized on Business Financial Planning."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/modernist-financial-llc-portland-or-217511.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 5691364.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 39,
      "fewer_than_5": false,
      "raum": 107583785.0
    }
  ],
  "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/217511",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}