# Read & Powell Financial Services, LLC

> Read & Powell Financial Services, LLC is an SEC-registered investment advisory firm in Elko, NV, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 130189
- Filed as: READ & POWELL FINANCIAL SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Elko, NV
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/130189
- AdvisorCensus page: https://advisorcensus.com/firm/read-and-powell-financial-services-llc-elko-nv-130189

## Quick answers

**How is Read & Powell Financial Services, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Read & Powell Financial Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Read & Powell Financial Services, LLC charge?**
Its Form ADV Part 2A brochure dated March 17, 2026 states: Asset-based fee: 1% of assets a year; Hourly rate: $250 an hour (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Read & Powell Financial Services, LLC located?**
Read & Powell Financial Services, LLC's principal office is in Elko, NV, according to its Form ADV.

**Is Read & Powell Financial Services, LLC registered with the SEC or a state?**
Read & Powell Financial Services, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 130189.

**How much does Read & Powell Financial Services, LLC manage?**
Read & Powell Financial Services, LLC reports $159,688,386 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Read & Powell Financial Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Read & Powell Financial Services, LLC: Regulatory assets under management: $111,789,495 in the October 2021 data and $159,688,386 in the October 2026 data, up 43%. Total employees: 6 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Read & Powell Financial Services, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (473); high net worth individuals (56); charitable organizations (1).

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

**Does Read & Powell Financial Services, LLC 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/130189

**What changed in Read & Powell Financial Services, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 3.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

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

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

> The annualized fee for Portfolio Management Services will be charged at 1% of assets under management for all equity and fixed income accounts.

> Although Read & Powell Financial Services, LLC has established the aforementioned fee schedule, we retain the discretion to negotiate alternative fees on a client-by-client basis.

- Hourly rate: $250 an hour (Financial Planning)

> Read & Powell Financial Services, LLC's Financial Planning fee is generally $250 per hour; however, fees will be determined based on the nature of the services being provided and the complexity of

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services 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: $159,688,386
- Discretionary: $159,688,386
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 473 | $58,324,790 |
| High net worth individuals | 56 | $95,147,390 |
| Charitable organizations | 1 | $6,216,206 |

### 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: 2021 (5 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: ID, NH, NV, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $111,789,495 | 6 | April 26, 2021 |
| October 2022 | $122,726,077 | 6 | May 20, 2022 |
| October 2023 | $114,453,643 | 6 | March 9, 2023 |
| October 2024 | $127,954,484 | 6 | March 22, 2024 |
| October 2025 | $146,673,084 | 6 | March 21, 2025 |
| October 2026 | $159,688,386 | 3 | March 17, 2026 |

Regulatory assets under management: $111,789,495 in the October 2021 data and $159,688,386 in the October 2026 data, up 43%.
Total employees: 6 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Read & Powell Financial Services, LLC (CRD 130189): Form ADV filing data as of October 2026.