# Shiraishi Financial Group Advisors

> Shiraishi Financial Group Advisors is an SEC-registered investment advisory firm in Honolulu, HI, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 6, 2026.

- CRD: 168645
- Filed as: SHIRAISHI FINANCIAL GROUP ADVISORS
- Legal name: Sfga LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Honolulu, HI
- Filing period: October 2026
- Form ADV filing dated: May 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168645
- AdvisorCensus page: https://advisorcensus.com/firm/shiraishi-financial-group-advisors-honolulu-hi-168645

## Quick answers

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

**Where is Shiraishi Financial Group Advisors located?**
Shiraishi Financial Group Advisors' principal office is in Honolulu, HI, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Shiraishi Financial Group Advisors registered with the SEC or a state?**
Shiraishi Financial Group Advisors is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 168645.

**How much does Shiraishi Financial Group Advisors manage?**
Shiraishi Financial Group Advisors reports $110,064,758 in regulatory assets under management in its Form ADV filing dated May 6, 2026 (97% discretionary).

**How have Shiraishi Financial Group Advisors' assets and staff changed since 2021?**
In the Form ADV data for Shiraishi Financial Group Advisors: Regulatory assets under management: $130,680,730 in the October 2021 data and $110,064,758 in the October 2026 data, down 16%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Shiraishi Financial Group Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (379); high net worth individuals (79).

**Which custodians does Shiraishi Financial Group Advisors use?**
Shiraishi Financial Group Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC, Nationwide Investment Services Corporation and Security Distributors as custodians holding 10% or more of its separately managed account assets.

**Does Shiraishi Financial Group Advisors 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/168645

**What changed in Shiraishi Financial Group Advisors' recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 6 to 5.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Axos Clearing LLC
- Nationwide Investment Services Corporation
- Security Distributors

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: $110,064,758
- Discretionary: $107,169,168
- Non-discretionary: $2,895,590

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 379 | $68,562,115 |
| High net worth individuals | 79 | $40,994,286 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $508,357 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2016 (10 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, HI, IL, LA, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Hilo, HI

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $130,680,730 | 6 | July 22, 2021 |
| October 2022 | $133,918,363 | 6 | February 22, 2022 |
| October 2023 | $132,506,911 | 6 | January 20, 2023 |
| October 2024 | $124,998,236 | 6 | March 1, 2024 |
| October 2025 | $117,832,162 | 5 | February 5, 2025 |
| October 2026 | $110,064,758 | 5 | May 6, 2026 |

Regulatory assets under management: $130,680,730 in the October 2021 data and $110,064,758 in the October 2026 data, down 16%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 6 to 5.

### March 2026
- Employees performing advisory functions went from 5 to 6.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Shiraishi Financial Group Advisors (CRD 168645): Form ADV filing data as of October 2026.