# Sierra Financial Advisory

> Sierra Financial Advisory is an SEC-registered investment advisory firm, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 3, 2026.

- CRD: 130934
- Filed as: SIERRA FINANCIAL ADVISORY
- Legal name: Sierra Financial Advisory Incorporated
- Also doing business as: JOSEPH TOMKIEWICZ, MICHAEL TOMKIEWICZ
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/130934
- AdvisorCensus page: https://advisorcensus.com/firm/sierra-financial-advisory-130934

## Quick answers

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

**How much does Sierra Financial Advisory charge?**
Its Form ADV Part 2A brochure dated March 3, 2026 states: Up to $100,000: 1.5% a year; $100,001 to $2,500,000: 1% a year; Above $2,500,001: 0.6% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Sierra Financial Advisory registered with the SEC or a state?**
Sierra Financial Advisory is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 130934.

**How much does Sierra Financial Advisory manage?**
Sierra Financial Advisory reports $144,930,000 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (96% discretionary).

**How have Sierra Financial Advisory's assets and staff changed since 2021?**
In the Form ADV data for Sierra Financial Advisory: Regulatory assets under management: $113,480,000 in the October 2021 data and $144,930,000 in the October 2026 data, up 28%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sierra Financial Advisory serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (128); high net worth individuals (45).

**Does Sierra Financial Advisory 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/130934

**Does Sierra Financial Advisory state an account minimum?**
Its Form ADV Part 2A brochure dated March 3, 2026 says: "Minimum portfolio size for advisory management is $500,000 per client or household. This minimum is a total aggregate of assets to be managed and is not a required balance for each individual client account."

**What changed in Sierra Financial Advisory's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $126,197,772 to $144,930,000 (+15%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 3, 2026)

- Up to $100,000: 1.5% a year
- $100,001 to $2,500,000: 1% a year
- Above $2,500,001: 0.6% a year

> The standard fee schedule is: Value of Invested Assets* Quarterly Fee Annualized Rate Up to $100,000 0.375% 1.50% $100,001 to $2,500,000 0.25% 1.00% Over $2,500,001 0.15% 0.60%

- Account minimum: $500,000

> Minimum portfolio size for advisory management is $500,000 per client or household. This minimum is a total aggregate of assets to be managed and is not a required balance for each individual client account.

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

### Regulatory assets under management (Item 5.F)
- Total: $144,930,000
- Discretionary: $138,586,000
- Non-discretionary: $6,344,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 128 | $41,351,666 |
| High net worth individuals | 45 | $96,125,162 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $6,200,000 |
| Charitable organizations | Fewer than 5 | $1,253,172 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CO, OR, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $113,480,000 | 3 | March 22, 2021 |
| October 2022 | $122,772,709 | 2 | March 18, 2022 |
| October 2023 | $98,714,013 | 2 | March 23, 2023 |
| October 2024 | $106,000,000 | 2 | May 17, 2024 |
| October 2025 | $126,197,772 | 2 | March 18, 2025 |
| October 2026 | $144,930,000 | 2 | March 3, 2026 |

Regulatory assets under management: $113,480,000 in the October 2021 data and $144,930,000 in the October 2026 data, up 28%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $126,197,772 to $144,930,000 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sierra Financial Advisory (CRD 130934): Form ADV filing data as of October 2026.