# Montgomery Financial

> Montgomery Financial is an SEC-registered investment advisory firm in Ocean City, MD, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 17, 2026.

- CRD: 170024
- Filed as: MONTGOMERY FINANCIAL
- Legal name: Montgomery Financial Services, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Ocean City, MD
- Filing period: October 2026
- Form ADV filing dated: June 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170024
- AdvisorCensus page: https://advisorcensus.com/firm/montgomery-financial-ocean-city-md-170024

## Quick answers

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

**How much does Montgomery Financial charge?**
Its Form ADV Part 2A brochure dated June 17, 2026 states: Hourly rate: $350 an hour (financial analysis). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Montgomery Financial located?**
Montgomery Financial's principal office is in Ocean City, MD, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Montgomery Financial registered with the SEC or a state?**
Montgomery Financial is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 170024.

**How much does Montgomery Financial manage?**
Montgomery Financial reports $229,758,052 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (100% discretionary).

**How have Montgomery Financial's assets and staff changed since 2024?**
In the Form ADV data for Montgomery Financial: Regulatory assets under management: $112,945,500 in the October 2024 data and $229,758,052 in the October 2026 data, up 103%. Total employees: 6 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Montgomery Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (924); high net worth individuals (26); charitable organizations (2).

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

**Does Montgomery Financial 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/170024

**What changed in Montgomery Financial's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $203,750,000 to $229,758,052 (+13%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 17, 2026)

- Hourly rate: $350 an hour (financial analysis)

> In the event the client does not engage MF on one of the options above, the client and MF may agree to an hourly fixed fee of up to $350 per hour.

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.
- Fidelity Distributors Company 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: $229,758,052
- Discretionary: $229,758,052
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 924 | $177,079,659 |
| High net worth individuals | 26 | $52,440,946 |
| Charitable organizations | 2 | $237,447 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2024 (2 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, FL, MD, PA
- 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
- Eldersburg, MD

### Websites listed on Form ADV (Item 1.I)
- jeffreymontgomery.com
- mfswealth.com
- montgomeryfinancialservices.com
- Facebook @LOGIN.PHP
- Instagram @mfswealth
- LinkedIn @mfs-wealth
- YouTube @UCfXTcMIBmMKwnvf42y-1lHw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $112,945,500 | 6 | September 6, 2024 |
| October 2025 | $167,014,455 | 5 | June 4, 2025 |
| October 2026 | $229,758,052 | 6 | June 17, 2026 |

Regulatory assets under management: $112,945,500 in the October 2024 data and $229,758,052 in the October 2026 data, up 103%.
Total employees: 6 in October 2024 and 6 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $203,750,000 to $229,758,052 (+13%).
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Regulatory assets under management went from $167,014,455 to $203,750,000 (+22%).
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Employees performing advisory functions went from 3 to 4.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Montgomery Financial (CRD 170024): Form ADV filing data as of October 2026.