# Northstar Financial Advisors, Inc.

> Northstar Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 21, 2026.

- CRD: 124194
- Filed as: NORTHSTAR FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: January 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124194
- AdvisorCensus page: https://advisorcensus.com/firm/northstar-financial-advisors-inc-124194

## Quick answers

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

**How much does Northstar Financial Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated January 21, 2026 states: Asset-based fee: 1% of assets a year; Hourly rate: $500 an hour (limited financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Northstar Financial Advisors, Inc. registered with the SEC or a state?**
Northstar Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 124194.

**How much does Northstar Financial Advisors, Inc. manage?**
Northstar Financial Advisors, Inc. reports $195,296,200 in regulatory assets under management in its Form ADV filing dated January 21, 2026 (100% discretionary).

**How have Northstar Financial Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Northstar Financial Advisors, Inc.: Regulatory assets under management: $116,142,138 in the October 2021 data and $195,296,200 in the October 2026 data, up 68%. Total employees: 1 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 Northstar Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (109); individuals (other than high net worth individuals) (26).

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

**Does Northstar Financial Advisors, Inc. 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/124194

**Does Northstar Financial Advisors, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated January 21, 2026 says: "Generally, the required account minimum is $500,000, however Northstar, at its own discretion or through negotiation may charge a lesser advisory fee or accept lesser account sizes based upon certain criteria"

## 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 January 21, 2026)

- Asset-based fee: 1% of assets a year

> Northstar charges an annual investment advisory fee of one percent (1%) of the market value of the assets being managed.

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> Generally, the required account minimum is $500,000, however Northstar, at its own discretion or through negotiation may charge a lesser advisory fee or accept lesser account sizes based upon certain criteria

- Hourly rate: $500 an hour (limited financial planning services)

> Northstar charges a fee (fixed fee and/or hourly) for limited financial planning services. These financial planning fees are negotiable, and either fixed or billed at an hourly rate of $500.

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James Financial Services, 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: $195,296,200
- Discretionary: $195,296,200
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 26 | $23,435,544 |
| High net worth individuals | 109 | $171,860,656 |
| 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
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2021 (5 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nfai.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $116,142,138 | 1 | February 1, 2021 |
| October 2022 | $134,009,879 | 1 | February 7, 2022 |
| October 2023 | $113,573,447 | 1 | January 31, 2023 |
| October 2024 | $139,794,016 | 1 | March 27, 2024 |
| October 2025 | $177,542,000 | 1 | February 11, 2025 |
| October 2026 | $195,296,200 | 1 | January 21, 2026 |

Regulatory assets under management: $116,142,138 in the October 2021 data and $195,296,200 in the October 2026 data, up 68%.
Total employees: 1 in October 2021 and 1 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northstar Financial Advisors, Inc. (CRD 124194): Form ADV filing data as of October 2026.