# Morrison Fiduciary Advisors, Inc.

> Morrison Fiduciary Advisors, Inc. is a state-registered investment advisory firm, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 27, 2026.

- CRD: 127562
- Filed as: MORRISON FIDUCIARY ADVISORS,  INC.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Pennsylvania
- Filing period: October 2026
- Form ADV filing dated: January 27, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/127562
- AdvisorCensus page: https://advisorcensus.com/firm/morrison-fiduciary-advisors-inc-127562

## Quick answers

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

**Is Morrison Fiduciary Advisors, Inc. registered with the SEC or a state?**
Morrison Fiduciary Advisors, Inc. is a state-registered investment advisory firm, registered since 2025. Status as filed: APPROVED. CRD 127562.

**How much does Morrison Fiduciary Advisors, Inc. manage?**
Morrison Fiduciary Advisors, Inc. reports $67,608,000 in regulatory assets under management in its Form ADV filing dated January 27, 2026 (13% discretionary).

**How have Morrison Fiduciary Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Morrison Fiduciary Advisors, Inc.: Regulatory assets under management: $1,453,651,073 in the October 2021 data and $67,608,000 in the October 2026 data, down 95%. Total employees: 4 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Morrison Fiduciary Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5); high net worth individuals (4); state or municipal government entities (including government pension plans) (2).

**Does Morrison Fiduciary Advisors, Inc. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/127562

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $67,608,000
- Discretionary: $8,965,000
- Non-discretionary: $58,643,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $1,878,000 |
| High net worth individuals | 4 | $18,095,000 |
| Charitable organizations | 1 | $3,969,000 |
| State or municipal government entities (including government pension plans) | 2 | $43,666,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2025 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/127562

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @morrison-fiduciary-advisors-inc.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,453,651,073 | 4 | June 18, 2021 |
| October 2022 | $1,521,197,255 | 3 | March 18, 2022 |
| October 2023 | $53,104,602 | 1 | June 22, 2023 |
| October 2024 | $53,104,602 | 1 | March 26, 2024 |
| October 2025 | $54,167,819 | 1 | June 23, 2025 |
| October 2026 | $67,608,000 | 1 | January 27, 2026 |

Regulatory assets under management: $1,453,651,073 in the October 2021 data and $67,608,000 in the October 2026 data, down 95%.
Total employees: 4 in October 2021 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Morrison Fiduciary Advisors, Inc. (CRD 127562): Form ADV filing data as of October 2026.