# Napier Financial

> Napier Financial is an SEC-registered investment advisory firm in Braintree, MA, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 17, 2026.

- CRD: 336725
- Filed as: NAPIER FINANCIAL
- Legal name: Napier Financial, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Braintree, MA
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/336725
- AdvisorCensus page: https://advisorcensus.com/firm/napier-financial-braintree-ma-336725

## Quick answers

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

**What does Napier Financial's brochure say about its fees?**
Its Form ADV Part 2A brochure dated July 17, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Napier Financial located?**
Napier Financial's principal office is in Braintree, MA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Napier Financial registered with the SEC or a state?**
Napier Financial is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 336725.

**How much does Napier Financial manage?**
Napier Financial reports $587,928,017 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (93% discretionary).

**How have Napier Financial's assets and staff changed since 2025?**
In the Form ADV data for Napier Financial: Regulatory assets under management: $0 in the October 2025 data and $587,928,017 in the October 2026 data. Total employees: 14 in October 2025 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Napier Financial serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (120); individuals (other than high net worth individuals) (104); corporations or other businesses not listed above (12).

**Which custodians does Napier Financial use?**
Napier Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Napier 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/336725

**Does Napier Financial state an account minimum?**
Its Form ADV Part 2A brochure dated July 17, 2026 says: "Our Firm requires an account minimum of $1,000,000 to initiate the advisory and asset management services. This minimum may be waived upon the firm’s discretion."

**What changed in Napier Financial's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 8 to 9.

## From the Form ADV filing

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

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

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> Napier’s annual fees are based upon a percentage of assets under management not to exceed 1. 50%.

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> Our Firm requires an account minimum of $1,000,000 to initiate the advisory and asset management services. This minimum may be waived upon the firm’s discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial 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: $587,928,017
- Discretionary: $546,979,166
- Non-discretionary: $40,948,851

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 104 | $80,529,241 |
| High net worth individuals | 120 | $452,851,154 |
| Other investment advisers | 6 | $16,971,185 |
| Corporations or other businesses not listed above | 12 | $37,576,437 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 14 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, LA, MA, ME, NH, NY, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Santa Clarita, CA

### Websites listed on Form ADV (Item 1.I)
- napierfinancial.com
- Facebook @napierfinancial
- LinkedIn @napier-financial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $0 | 14 | June 25, 2025 |
| October 2026 | $587,928,017 | 14 | July 17, 2026 |

Regulatory assets under management: $0 in the October 2025 data and $587,928,017 in the October 2026 data.
Total employees: 14 in October 2025 and 14 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 8 to 9.

### December 2025
- Regulatory assets under management went from $0 to $517,704,154.
- Registered or notice-filed in CA, LA, ME, NH, NY, RI, TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Napier Financial (CRD 336725): Form ADV filing data as of October 2026.