# School of Personal Finance

> School of Personal Finance is an SEC-registered investment advisory firm, registered since 2026, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 24, 2026.

- CRD: 307332
- Filed as: SCHOOL OF PERSONAL FINANCE
- Legal name: School of Personal Finance, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: February 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/307332
- AdvisorCensus page: https://advisorcensus.com/firm/school-of-personal-finance-307332

## Quick answers

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

**How much does School of Personal Finance charge?**
Its Form ADV Part 2A brochure dated February 24, 2026 states: Subscription: $59 to $300 a month (Ongoing Comprehensive Financial Planning); Hourly rate: $200 to $300 an hour (Hourly Project Based Financial Planning Services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is School of Personal Finance registered with the SEC or a state?**
School of Personal Finance is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 307332.

**How much does School of Personal Finance manage?**
School of Personal Finance reports $28,653,053 in regulatory assets under management in its Form ADV filing dated February 24, 2026 (100% discretionary).

**What types of clients does School of Personal Finance serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (23); high net worth individuals (9).

**Which custodians does School of Personal Finance use?**
School of Personal Finance's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does School of Personal Finance 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/307332

**Does School of Personal Finance state an account minimum?**
Its Form ADV Part 2A brochure dated February 24, 2026 says: "We do not have a minimum account size requirement."

**What changed in School of Personal Finance's recent Form ADV filings?**
In the April 2026 filing data: Newly registered with the SEC.

## 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 February 24, 2026)

- Account minimum: None

> We do not have a minimum account size requirement.

- Subscription: $59 to $300 a month (Ongoing Comprehensive Financial Planning)

> Ongoing Comprehensive Financial Planning is provided for a fixed monthly fee ranging from $59 to $300 per month, depending on the complexity of the Client’s circumstances.

- Hourly rate: $200 to $300 an hour (Hourly Project Based Financial Planning Services)

> Hourly Financial Planning engagements are offered at an hourly rate ranging from $200 to $300 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.

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: $28,653,053
- Discretionary: $28,653,053
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 23 | $7,693,515 |
| High net worth individuals | 9 | $20,959,538 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [schoolofpersonalfinance.com](https://schoolofpersonalfinance.com)
- Instagram @rich_mccormack_cfp
- LinkedIn @school-of-personal-finance
- TikTok @schoolofpersonalfinance
- X @RichMcCormack
- YouTube @SchoolofPersonalFinance

## Changes in the filing (last 12 months)

### April 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. School of Personal Finance (CRD 307332): Form ADV filing data as of October 2026.